Northeast

The Metropolitan Transportation Authority should reconsider its proposal to debar contractors for late or overbudget work, the Citizens Budget Commission said.

Kevin Cullinan will will develop an enterprise risk management framework for the Connecticut Retirement Plans and Trust Funds, state Treasurer Shawn Wooden said.

A reduced debt burden following the completion of capital investments positioned Orange Regional Medical Center in New York’s Hudson Valley for a credit upgrade.

Maria Doulis of the Citizens Budget Commission and Howard Cure of Evercore discuss what's behind the city's $93 billion FY20 spending plan. Paul Burton hosts.

A power struggle in Mount Vernon, New York, over who will replace a mayor forced out following a campaign finance scandal leaves the Westchester County city's future fiscal direction in flux.

Officials say the guidelines 'memorialize' the extensive debt management constraints under state and local laws, and the city's fiscal objectives.

Data from so-called smart devices can trigger catastrophe for muni issuers if mishandled.

The Massachusetts Municipal Wholesale Electric Co. sold its ownership interests in W.F. Wyman Station Unit 4, citing the need for a different power supply mix.

The complaint filed by Philadelphia and Baltimore fails to rise to the level of specificity needed to prove conspiracy, Wall Street banks told a federal judge.

The rating agency cited the city's financial position and the effectiveness of Connecticut's Municipal Accountability Review Board.