Northeast

In a move supporters say will bring millions in annual new revenue to New York, lawmakers advanced legislation to legalize professional mixed martial arts.

New York’s MTA expects to know the fate of its five-year capital program by the end of the month, said Chairman Thomas Prendergast.

The University of Pennsylvania received a one-notch bond rating upgrade from Moody’s Investors Service, to Aa1 from Aa2.

With a potential default looming, Atlantic City is shutting down “non-essential” government services for at least a three-week period next month, its mayor said.

Atlantic City is putting its former airport property up for auction in an effort to address its massive debt burden eight years after a gamble with the land backfired.

Following a consultant's scathing report, New York City Comptroller Scott Stringer's office has set out to streamline the Bureau of Asset Management.

Scranton, Pa., may finance its $31.5 million back-pay settlement with police and fire unions with a refunding of some of its $50 million stranded parking authority debt, officials said.

A long-stalled development of vacant Newark, N.J. land could provide a financial jolt to New Jersey’s largest city.

Gov. Tom Wolf and the Pennsylvania legislature are still at odds over a tardy $30 billion fiscal 2016 budget, even after lawmakers sent him another version.

The Massachusetts Bay Transportation Authority intends to hand its oversight board a $2 billion budget that trims its structural deficit from $242 million to $80 million.