Northeast

Pennsylvania still lacks a complete budget despite sighs of relief from school districts that will receive catch-up funding.

Over the past 10 years, New York City's overtime spending has increased from $928 million to $1.7 billion, according to the Independent Budget Office watchdog organization.

Gov. Tom Wolf's six-month emergency funding provision for Pennsylvania's school districts is good news for the bond markets, said a municipal credit analyst.

November toll traffic on the Atlantic City Expressway was down 1% from the year-earlier period, according to the South Jersey Transportation Authority.

Moody's Investors Service has placed eight New York issuers with a combined $2.1 billion in debt on review for not providing "sufficient" financial reports.

Just how far Connecticut Gov. Dannel Malloy can advance his transportation agenda is uncertain, given the state's budget strains, high debt, and pension liability woes.

In the latest bizarre turn to Pennsylvania's budget drama, the Senate sends Gov. Tom Wolf a trimmer, House-favored $30.3 billion spending plan.

The Philadelphia School District was downgraded five notches Tuesday night as a result of Moody’s Investors Service adopting a new rating approach to Pennsylvania State Aid Intercept Program.

Pennsylvania neared the end of its budget stalemate Wednesday, only to see momentum halted by opposition in the House of Representatives to proposed pension system changes and new taxes just hours before Christmas Eve.

Pennsylvania’s House, after an afternoon of parliamentary back-and-forth, moved toward a vote on the full $30.8 billion budget framework on which Gov. Tom Wolf and Senate leaders agreed.