Northeast

Moody's Investors Service late Monday revised its outlook on Rhode Island to stable from negative and affirmed its Aa2 general obligation rating.

Natalie Sage Wagner as will serve as Connecticut's undersecretary for legal affairs effective Oct. 17, state budget secretary Ben Barnes announced.

The $15 billion gap in New York MTA's proposed four-year capital plan, recently vetoed by a state review board, has cast a pall over the transit agency's plans.

A recently passed Philadelphia cigarette tax is a temporary plus for the financially-distressed Philadelphia School District, said Moody's Investors Service.

Housing policies have reached turning points in New York City and Philadelphia, but for different reasons — New York has an affordability problem, while Philadelphia has a quality problem, some experts say.

New York Comptroller Thomas DiNapoli is projecting a heavy calendar for bond sales from major New York issuers in the fourth quarter.

The appointment of Michael Dardia as Citizens Budget Commission co-research director will enhance its research capacity, CBC officials say.

More than two-thirds of New York City agencies earned D or F on Comptroller Scott Stringer's report card of procurement through minority and women-owned businesses.

New York City Transit's station repair program is progressing too slowly, said a report from State Comptroller Thomas DiNapoli.

A lease the Pennsylvania government signed for the Harrisburg Redevelopment Authority's 12-story Verizon Tower doesn't generate the revenue needed to prevent a default by the city on its debt-service guarantee for the project, said Moody's.