Northeast

A new tax credit, a grand jury report, national election-year politics and regional bickering have revived debate over natural gas drilling.

Gov. Murphy and the legislature have "disagreements with aspects of the bill."

Bi-state transportation agency seeks $3 billion of federal assistance to avoid capital plan cuts.

The New Jersey megamall owners' missed mortgage payments for another property compound investor concerns.

Prominent current and former public officials and analysts broadly agree that states and localities are headed for deep financial holes without additional and substantial federal aid.

Lottery revenues, used to cover a chunk of the state's pension payment, will fall about $163 million short.

A 16-year-old bond case reemerged to play a central role in Republican efforts to halt Gov. Phil Murphy’s $9.9 billion borrowing plan.

With prospects of federal aid waning, an $8 billion revenue gap will leave the the state government and Gov. Andrew Cuomo few attractive options.

Municipals were stronger on the short- and intermediate ends as long maturities held firm in quiet trading on Wednesday.

The commission approved the borrowing amid projections of a $153 million budget shortfall for fiscal 2020 due to COVID-19.