Northeast

Recent news signals continued trouble for Atlantic City, N.J., according to Moody's Investors Service.

The New Jersey Supreme Court agreed on April 6 to hear the state's appeal of a Superior Court ruling that sided with unions who sued Gov. Chris Christie after he stripped $1.6 billion of pension contributions from the budget.

A judge approved a tentative settlement to most legal challenges to Rhode Island’s 2011 law that overhauled pension benefits for state employees, said Gov. Gina Raimondo.

With a renewed push to legalize professional mixed martial arts in New York, supporters say the Empire State could be looking at millions in new annual revenue.

The municipal bond market will have an ally in the top echelon of Senate leadership if Sen. Chuck Schumer, D-N.Y., becomes the Senate Democratic leader in 2017, as is widely expected, tax and municipal bond experts said.

New York City expects to save $3.4 billion on health care by 2018 through municipal labor agreements, said director of labor relations Robert Linn.

Connecticut's estimated general fund deficit for fiscal 2015 has spiked to $172.8 million and leaders should act on it now, said state Comptroller Kevin Lembo.

Sue Perez will run Massachusetts’ debt management department, state Treasurer Deborah Goldberg announced.

Connecticut Gov. Dannel Malloy has formed a panel to explore financing options for overhauling its transportation infrastructure "over the next 30 years and beyond."

A $142 billion budget for New York State approved Tuesday night devotes billions toward infrastructure enhancements.