Northeast

With both houses now under GOP control, Gov. Chris Sununu will have an easier time with his agenda.

The Long Island county received its third credit downgrade this year as lawmakers prepared a 2021 budget with massive cuts to cope with virus-induced revenue losses.

The $4.3 billion deal will test the state's low bond ratings — punctuated by another downgrade — against the municipal market's continuing demand for paper.

A school official called the coronavirus-related hit "a temporary blip," and said the rating agency moved too quickly.

S&P Global Ratings revised the outlook on Vermont’s AA-plus general obligation bond rating to negative from stable.

Municipal water and sewer utilities are considered among the best positioned public finance sectors to confront COVID-19 related credit risks.

The contest that took nearly a week to finalize was among several races that epitomized the state's sharp political divide.

The Democratic governor will have continued powers to thwart proposed wealth taxes from progressive members of his party after Republicans prevented a veto-proof Senate majority.

MBTA officials insist the moves, which include a capital-to-operating budget shift, are necessary to help seal a coronavirus-related $579 million operating gap.

S&P Global Ratings downgrades the Garden State's general obligation bonds one notch to BBB-plus from A-minus.