Northeast

Comptroller Kevin Lembo forecast a $620 million fiscal 2020 deficit in his monthly update to Gov. Ned Lamont.

State leaders are reluctant to grant New York City more bond capability, and other city leaders want Bill de Blasio to further reduce his proposed spending plan.

Gov. Phil Murphy’s $5 billion emergency bond plan to patch revenue gaps caused by the COVID-19 pandemic faces an uncertain future in the state legislature.

Gov. Tom Wolf is expected to sign five-month, $26 billion spending plan, intended to buy time to measure the hit from the effects of COVID-19.

The transportation agency plans a refinancing to combat lost revenue from steep traffic declines during the COVID-19 pandemic.

The think tank bestows its highest honor for leadership in the New York metropolitan region to the American Triple I Partners chairman and former HUD secretary.

With postponing expenditures and the rainy-day fund withdrawal, the state still forecasts a yearend surplus.

The primary supply for the holiday-shortened week is projected to dip to just over $4 billion, with a mix of tax-exempt and taxable issuance led by Colorado’s $500 million of certificates of participation.

Moody's Investors Service cut the Catholic college in New Jersey to Baa1 citing its rising debt burden.

The board, a vestige from the 1970s fiscal crisis, is a lingering motive for the city to approve a balanced budget.