Northeast

Volume is down sharply across the Port Authority of New York and New Jersey's transportation assets since the March COVID-19 outbreak.

The rating agency affirmed its A3 rating of the state's general obligation bonds; the outlook revision affects $35.9 billion of debt.

Fitch follows Moody's in revising the Empire State's debt to negative from stable.

New York’s new state budget provides flexibility to deal with near-term revenue hits from COVID-19, but it has little bandwidth to withstand a deep recession.

Brodsky, who died of suspected complications from COVID-19, is remembered as a tenacious public official and a skilled debater.

Moody's Investors Service revised the Pennsylvania regional health system to negative citing revenue risks from COVID-19.

The COVID-19 crisis has stretched many hospital groups, notably in Greater Boston, to their limits.

Tuition revenue headwinds made worse by the COVID-19 pandemic cost New Jersey’s Rider University its investment grade rating.

More federal rescue moves are necessary for the nation’s largest mass transit system, according to the advocacy group Reinvent Albany.

With Atlantic City casinos closed, Fitch Ratings revised the outlook to negative from stable on Casino Reinvestment Development Authority bonds.