Northeast

New York Gov. Andrew Cuomo and Mayor Bill de Blasio packaged their support of the Manhattan toll plan with a blueprint to overhaul the embattled transit authority.

The College of New Rochelle is on the brink of closure after staff cuts, asset sales and a refinancing failed to alleviate a debt crunch.

Mounting deficits cost Valley Stream, N.Y. its investment grade rating.

As Albany enters the budget homestretch, debate over congestion pricing and other measures to bolster mass transit in the New York City region is intensifying.

Issuers in the Northeast sold $95.5 billion of municipal bonds in 2018, off 21.3% from 2017 with an even more pronounced fourth-quarter drop.

The Florida Development Finance Corp. has been asked to approve a third private activity bond allocation for Brightline/Virgin Trains.

A large municipality with strong legal representation will draw attention, even from those skeptical of whistleblower suits alleging bank fraud in the variable-rate demand obligation market.

Escalating deficits and dwindling reserves triggered a downgrade nine months after the city's liquidity crisis.

Officials say California revenues may rebound after coming in $2.3 billion shy of Gov. Gavin Newsom's budget plan in December and January.

A strong economy and the establishment of an outyear payment schedule have effectively masked a serious problem in the commonwealth, according to Pioneer Institute.