Northeast

An unsealed whistleblower lawsuit accuses eight Wall Street and regional banks and broker-dealers that served as remarketing agents of fraud and collusion in resetting rates for variable rate demand obligations issued by state and local issuers in Illinois.

A New Jersey lawmaker is seeking to cancel the state’s $3.2 billion tobacco refunding bond deal, saying the transaction was unconstitutional.

Restructuring expert Michael Imber of EisnerAmper explains how in-kind real-estate asset contributions could curb the state's steep unfunded liability. Paul Burton and Chip Barnett host.

Monticello school district residents rejected a $110 million plan to overhaul the district's schools in a referendum on Thursday.

Employers in New York also are allowed to implement a 5% payroll tax as a way of paying some of their employees’ state income taxes.

Atlantic City's state overseer sees a “major” breakthrough following a $49 million bond sale.

The Port Authority of New York and New Jersey’s planned $10 billion redevelopment of John F. Kennedy International Airport is beginning to take shape.

Traders noted some caution in the muni market ahead of Friday’s release of the March unemployment report.

The city's issuer rating from Moody's Investors Service remains mired in speculative-grade territory.

The bankruptcy process could take 18 to 36 months to sort out, one municipal analyst said.