Northeast

The New Jersey Supreme Court sided with Gov. Chris Christie in his effort to cut pension funding in a decision that could have negative long-term consequences, according to ratings analysts.

New York City is projecting a surplus of $3 billion for fiscal 2015 and a balanced budget for fiscal 2016, said state Comptroller Thomas DiNapoli.

The New York City Housing Development Corp. board approves a $680 million inaugural sustainable neighborhood bond transaction, expected to price next week.

Two New York State Board of Elections commissioners are calling for one combined presidential and congressional primary vote in 2016 that would save the Empire State an estimated $50 million.

California has improved its budget practices and Virginia has enacted pension reforms, but New Jersey has been unable to get past chronic pension and budget problems, a nonprofit group found in a report released Monday.

Municipal bond investors may soon give a jolt to the long-stalled American Dream retail and entertainment complex in New Jersey's Meadowlands; the former Xanadu project would feature the nation's first indoor ski slope.

Massachusetts Gov. Charlie Baker announced a five-year, $82.7 million resiliency plan for the MBTA after a winter that paralyzed the transit system.

On the heels of a proposal to expand casino gambling in New Jersey outside of Atlantic City, Hard Rock International is pitching a new gambling facility at the Meadowlands Racetrack.

Passing poor legislation and calling it pension reform will backfire on Pennsylvania if it does not change the underlying actuarial math, an actuary told state lawmakers.

Former Harrisburg, Pa., Mayor Stephen Reed, one day after agents raided his home, told reporters he has Stage 4 prostate cancer.