Northeast

Planned general obligation taxable refunding bonds slated to be issued by Atlantic City under New Jersey's Municipal Qualified Bond Act have been assigned an A-minus rating and stable outlook by Standard & Poor's.

Pension obligation bonds are land mines municipal issuers should avoid, according to Janney Capital Markets.

The City Council rejected privatization of Philadelphia Gas Works, but the future of the nation's largest municipally owned gas utility is back in play and a public-private partnership could be part of the vision.

The Massachusetts Pension Reserves Investment Management board has received an award for financial reporting excellence from the Government Finance Officers Association for the 10th straight year.

The design for a new Walk Railroad Bridge in Norwalk remains on schedule, said Connecticut Gov. Dannel Malloy and state transportation Commissioner James Redeker.

Standard & Poor's kept Atlantic City on credit watch negative in a new report released April 30 as the struggling gambling hub seeks short-term options to avoid a long-term bankruptcy.

Late April riots that erupted in Baltimore have caused widespread financial damage, but the city is not expected to face any long-term credit impact from the unrest, according to analysts.

Massachusetts Gov. Charlie Baker halted the expansion of the Boston Convention and Exhibition Center, questioning whether the project's economic impact could justify the state taking on an additional $1 billion in debt.

New York’s MTA board approved a ban on political advertising after some contentious debate and an adverse ruling in federal court.

New York's adopted fiscal 2016 budget contains borrowing provisions that raise concerns about oversight, transparency and accountability, according to a new report released by State Comptroller Thomas DiNapoli.