Northeast

New Jersey's legal sports books reported $3.5 million in June revenue from $16 million in bets, according to a state report.

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Luke Bronin, in an interview at the Brookings Municipal Finance Conference, said Connecticut's capital city is "in a stronger position than we’ve been in a long time."

New Jersey Gov. Phil Murphy’s administration is targeting a plan that would save more than $100 million in annual public-worker benefits as the next focus of trying to steer state finances toward better health.

Mayor Paul George wants to bring the city into the Act 47 workout program for struggling municipalities.

Even as debate rages in Congress about whether to slash the federal government’s role in transportation funding, the New Jersey Transportation Trust Fund Authority is coming to market with $1.2 billion of federal highway reimbursement revenue refunding notes.

In 2016, the NYC Comptroller’s Office awarded more than 30% of underwriter contracts to MWBEs.

A conference committee of Senate and House negotiators still must resolve differences over a $41 billion spending plan.

The San Francisco-based broker-dealer is expanding its offerings into taxables, coinciding with an increase in issuance in that space.

“Nassau County is in a fiscal crisis bordering on a fiscal emergency,” said the new Comptroller Jack Schnirman.