Northeast

Atlantic City averted a shutdown of its schools with a $4.25 million payment made Thursday.

Outside-the-box approaches to New York's regional transportation woes still beg the question of funding.

In parallel actions on Thursday, the Securities and Exchange Commission and the U.S. district attorney for the Southern District of New York filed civil and criminal charges against Ramapo, N.Y., officials for misleading investors in connection with bonds issued to finance a minor league baseball stadium.

New Jersey Senate President Steve Sweeney, D-Gloucester, floated an alternative proposal aimed at saving Atlantic City from insolvency that sets additional benchmarks for the distressed gambling hub before his previously-proposed state intervention would take effect.

With New Jersey Gov. Chris Christie pushing for a state takeover of Atlantic City, members of the Republican governor’s administration were grilled by lawmakers Monday for allowing the gambling resort to plunge into distress.

Maryland legislators have overridden Gov. Larry Hogan’s veto of a bill requiring ranking of transportation projects.

Moody's Investors Service affirmed Pennsylvania's Aa3 general obligation rating Monday and kept the commonwealth's outlook at negative following its passage of a 2016 budget nine months into the fiscal year.

With its credit on the mend, Buffalo, N.Y., is prepping a $52.7 million negotiated bond sale Wednesday to address capital projects and refinance old debt.

The Philadelphia Area Municipal Analyst Society will explore how the city’s academic medical centers can adapt to stay ahead of a rapidly evolving healthcare environment at the organization’s meeting next week.

Maryland Stadium Authority received an AA grade from Fitch Ratings for $320 million of Baltimore City Public Schools construction and revitalization program revenue bonds scheduled to be issued later this month.