Northeast

New York’s first late budget in seven years will not impact the state’s owed bond payments, according to Moody’s Investors Service.

"New York City purchasing managers reported strong optimism in addition to a faster pace of activity in March," the Institute for Supply Management-New York's Report on Business index, released Tuesday, indicated.

The New York City Transitional Finance Authority is planning to $1.1 billion of future tax secured subordinate bonds next week, the TFA announced on Monday.

A federal judge approved the Rhode Island Commerce Corp.’s settlement with the SEC over the state’s failed $75 million deal with videogame company 38 Studios.

The board of New York’s MTA approved contracts aimed at speeding the rebuilding of the L subway line’s Canarsie tunnel by three months, to 15 months.

New York lawmakers failed to reach agreement on a fiscal 2018 budget forcing Gov. Andrew Cuomo to propose an emergency plan to keep state government running.

On the heels of a late 2016 credit upgrade, Hofstra University on Long Island is planning $61 million of bonding this year for a new academic building and refinancing old debt.

Officials say a new energy savings program could yield the struggling Philadelphia School District more than $300 million in new funding to chip away at $4.5 billion in deferred capital projects.

The Schenectady County Legislature will vote next month on authorizing up to $70 million in bonds for Union College's new Science and Engineering Center, the largest project in the school's history.

Under the tax plan that President Trump proposed during his campaign, New York City could lose billions in federal revenue, according to the first-of-its-kind analysis of the plan, released by New York City Comptroller Scott Stringer on Thursday.