Northeast

Gina Raimondo, Rhode Island's general treasurer the past three years and the architect of pension overhaul legislation in that state, will run for governor in 2014.

Moody's Investors Service changed the outlook on New Jersey's debt to negative from stable.

U.S. Sen. Jay Rockefeller wants to know why the Port Authority of New York and New Jersey closed lanes on the George Washington Bridge in September.

Pension shortfalls are not math problems, but "complex challenges requiring thoughtful solutions, politically challenging to implement," PFM said in a report on the white-hot topic.

Final closing for the purchase of the Harrisburg, Pa., incinerator by Lancaster County is set for Dec. 23 after the agency sold about $130 million of bonds to fund the transaction.

For new Mayor Bill de Blasio, managing New York City's finances will involve more than the well-known challenges expired labor contracts and soaring health premiums.

Additional guidance from the SEC should provide some clarity to how the proposed trading restrictions under its new municipal advisor registration rule apply to municipal issuers, a securities industry official said.

Six potential private-sector partners responded to Maryland's proposal to fund, build and operate a $2.2 billion light rail commuter line under the state's newly adopted public-private partnership law.

New York-based attorney Kent Rowey, who advises on public-private partnerships said bond deals in Allentown and Harrisburg, Pa., "disappointed" him as P3 projects.

New York's City Council approved a proposal to build a hockey and figure-skating center at the site of the former Kingsbridge Armory in the Bronx.