Northeast

The nearly-complete offshore wind power generation project can resume construction while it fights a stop-work order from the Trump administration.

The Pennsylvania government is still kicking the can down the road on public transit funding. This time, it's using capital funds to plug operating gaps. 

The administration wants the project "to be a model of how to build quickly and cost effectively," Transportation Secretary Sean Duffy said.

The state government is holding back school aid while it waits for lawmakers to pass a budget. That's hurting some schools more than others. 

The rating agency cited New Jersey's "robust budgetary surplus" while continuing to make actuarially based pension contributions.

The authority's borrowing apparatus is maintaining a business-as-usual approach it embarks on a massive new capital program and fends off federal cuts.

Fitch Ratings joined Moody's in upgrading Connecticut this week as the state prepares to sell $1.8 billion of general obligation bonds.

Analysts credited governance improvements Connecticut put in place in 2018, which have reduced the state's liabilities and improved its reserves. 

Maryland's comptroller reports the state is projecting a $189 million drop in general fund revenue due to the unfolding effects of the One Big Beautiful Bill Act, which could result in the state decoupling from federal tax laws.

The mega-mall's investors will receive their second payment since the reserve fund ran dry in 2022.