Northeast

After nearly a decade with a junk bond rating, Rensselaer County's most populous town vaulted into investment-grade bond status Monday, the town announced.

The debt of New York’s MTA prompted board member David Jones to question whether the authority should have a debt cap.

The audit could be part of an ongoing initiative by the IRS to examine refunding bonds, said a lawyer.

The city of Norwalk successfully executed a $30 million municipal bond sale to pay for city, school and redevelopment capital projects.

Sterling National Bank has a new municipal group focused on an array of non-public financing services during a time when loans to bond issuers are on the decline.

A motion for summary judgment by Indian River and Martin counties contends that the privately owned project isn’t eligible to use the private activity bonds.

The loss of the SALT deduction cost New Yorkers an additional $14.3 billion in 2018, state Attorney General Barbara Underwood told the Citizens Budget Commission.

Moody's upgraded the bonds issued to build the Mets' Citi Field while boosting its outlook for Yankee Stadium bonds.

The $41.9 billion spending plan for the only state without a signed budget is on Gov. Charlie Baker's desk.

A Civil War-era revenue measure is the centerpiece of the arguments in the lawsuit filed by four northeastern states.