Northeast

The IRS notice warns that federal law, not state law, controls how payments for federal income tax purposes are characterized.

Officials say the cost estimate for what New York City Transit president Andy Byford called "a full overhaul" is a work in progress.

The Long Island county named Frank Zarb to lead a task force aimed at tackling the county’s long-term budget challenges.

The investment bank attributed the exit of 15 from the public finance team to market conditions and a strategic review.

Tax collections that came in below forecast reinforce the need for new tax revenues, said Elizabeth Muoio.

The Philadelphia region's services sector improved in May, according to the Federal Reserve Bank of Philadelphia.

They seek damages damages from a litany of professional firms over the capital city's plunge to near bankruptcy.

The privatization plan is in a holding pattern with new County Executive George Latimer calling for his own aviation blueprint.

The Pennsylvania Supreme Court will determine the future of the city's beverage tax policy.

Facing a May 31 deadline to issue the $1.15 billion of PABs, All Aboard Florida asked the federal transportation agency for extra time to sell the debt.