Northeast

The controversial bailout for Hartford is sending fiscal shock waves through the legislature and contributed to $100 million for the XL Center being cut from the governor's proposed capital improvement budget.

The proposed dual-track rail tunnel connecting New Jersey and Manhattan is opposed by President Trump even though the White House says it is expediting approval of major infrastructure projects.

New Jersey needs new tax increases to combat an “unsustainable” structural deficit, the state’s top fiscal officer told legislative leaders Tuesday.

The New York City Housing Authority's challenges include a roughly $20 billion capital-needs backlog, federal aid cutbacks, state intervention and a worsening public perception.

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.