Northeast

After recession-driven trouble, the authority's reserve is more than $300 million, said Donna Manuelli, its chief financial officer.

The Massachusetts Housing Finance Agency priced a $79 million refunding sale of Series 2018C taxable housing bonds.

Moody's Investors Service cut the outlook for the system, already rated at junk Ba1.

With Philadelphia’s general fund surplus returned to near pre-recession levels, the city’s fiscal watchdog says now is the time to prepare for the next economic downturn.

Write-downs on two major U.S. public-private partnerships led to the company decision, Skanska’s president said.

New York’s mass transit crisis has prompted some transportation advocates to say the city would be better off taking back subway and bus operations from the state-run MTA.

U.S. District Judge Juan Sánchez gave Ed Pawowski the maximum sentence for his conviction on 47 charges related to a pay-for-play scheme.

Moody's Investors Service downgraded Vermont to Aa1, and downgraded other credits that are notched off the state's bond rating.

The debt issuance by Worcester, Massachusetts, to build a minor-league baseball stadium will probably not affect the city’s credit quality, according to Moody's.

Funding a major capital program increasingly with debt is a big challenge, said finance director Robert Foran.