Northeast

Transportation Secretary Elaine Chao confirmed a report that President Trump lobbied House Speaker Paul Ryan against putting any funding for the project in an omnibus spending bill.

280 CapMarkets' new hires strengthen its municipal sales team and expand into corporate bonds

When and if the state actually funds its pension system on an actuarial basis is the key question for New Jersey, analysts said.

The transaction will mark the university’s first new-money series for this credit in 16 years.

Enrollment pressures are manageable while pension costs should stabilize long-term, Fitch Ratings said.

Philadelphia Mayor Jim Kenney’s budget accounts for lower beverage tax projections by borrowing less for planned infrastructure projects.

The Securities Exchange Commission and the former town attorney for Oyster Bay, N.Y. have agreed to a proposed settlement of SEC charges.

The state House approved a $22.5 billion general fund budget that relies on fees and tax increases to fund priorities like pension obligations.

Changes to return assumptions ease short-term budget pressure while lowering funding for the state pension system.

Pittsburgh, whose bonds were junk in 2003, has become a national model for urban rejuvenation.