Northeast

Keith Stokes, the former executive director of the Rhode Island Economic Development Corp. has withdrawn from a lawsuit against the agency's former lawyer and bond counsel over the 38 Studios fiasco.

Nassau County, N.Y. experienced a 9% decline in sales tax revenues in the first half of 2014, a potential problem for a county with limited financial reserves.

New York's MTA and a consortium of eight Long Island Rail Road unions resumed contract talks four days before the unions are authorized to strike

The presiding officers of the Suffolk and Nassau County Legislatures in New York are meeting to find ways to cut costs and improve services.

Plans to close or sell four of Atlantic City's twelve casinos this year will pressure the city government's already tenuous finances, analysts say.

New York's MTA and a consortium of Long Island Rail Road unions broke off contract talks, six days before LIRR workers are authorized to strike.

Gov. Deval Patrick vetoed a line item in the $36.5 billion Massahcusetts budget that would have removed the MBTA retirement fund and its board from a sunshine law.

A water-rate increase much lower than what it sought is a credit negative for Bethlehem, Pa., said Moody's.

Gov. Tom Corbett's line-item veto of Pennsylvania's $29.1 billion budget jeopardizes the Harrisburg recovery plan, said state Sen. Rob Teplitz.

Many observers doubt whether New Jersey will have a financially sustainable solution to its pension funding problem any time soon.