Northeast

So-called headline and political risk, notably in Pennsylvania, could further complicate an already difficult muni landscape, according to PNC Capital Markets.

A proposal to expand casino gambling in New Jersey beyond Atlantic City will head to voters after both houses of the state legislature approved a resolution Monday to put the issue on the Nov. 8 ballot.

A settlement over back pay for the city’s police and fire unions is a major step to financial recovery in Scranton, Pa., says Mayor Bill Courtright.

The U.S. Supreme Court’s Feb. 29 decision to not hear an appeal by New Jersey labor groups challenging Gov. Chris Christie’s authority to cut pension payments is a credit positive for the Garden State since it retains an ability to annually determine contribution levels, according to Moody’s Investors Service.

A bill to give New Jersey increased power over Atlantic City finances advanced in the State Senate.

The savings are that New York City Mayor Bill de Blasio trumpets from significant changes to the city’s employee health plans are a matter of debate.

New Jersey Republican State Sen. Joseph Pennacchio is proposing beefing up pension funding in the state’s 2017 budget.

Revised outlooks to negative from two of the four bond rating agencies represent “bittersweet” news for Connecticut, said state Treasurer Denise Nappier.

Connecticut’s bond outlook was revised to negative from stable by Moody’s Investors Service, citing budget strains from weakening demographics.

Manhattan’s financial services industry will not lift New York State and New York City’s tax revenues because of a “lackluster” performance from Wall Street last year, according to Moody’s Investors Service.