Northeast

The New York State Thruway Authority is expected to face fiscal challenges with its current revenue structure and must implement a long-term capital plan to cover important infrastructure needs, according to a new audit released by State Comptroller Thomas DiNapoli.

New York Mayor Bill de Blasio signed legislation authorizing the creation of the Greater JFK Business Improvement District.

Mayor Bill de Blasio warned President-elect Donald Trump not to repeal the Dodd-Frank Act and promised to push back on other matters affecting New York.

Rhode Island’s retirement system joined an institutional investor group in a shareholder proposal demanding that Wells Fargo address its fake-accounts scandal, said Treasurer Seth Magaziner.

Continued biennial toll and fare increases, and further savings are essential for the finances of New York’s MTA, its chief financial officer told the board.

Connecticut's Bond Commission provided a controversial $35 million package to Greenwich hedge fund AQR Capital Management.

A revised outlook for Bridgeport, Conn., from negative to stable from Fitch Ratings reflects strong management, said a spokesman for Mayor Joseph Ganim.

Buffalo, N.Y. has been upgraded one notch to AA-minus by Fitch Ratings, the highest level New York’s second largest city has achieved since a near bankruptcy brought it close to junk level a decade ago.

The finance committee of New York's MTA approved Loeb & Loeb LLP as outside counsel relating to the Penn Station renovation project.

Pittsburgh and Rivers Casino struck a deal to keep $10 million in gaming revenue flowing to the city budget, said Mayor Bill Peduto.