Northeast

New York City Comptroller John Liu called on the city's embattled Housing Authority not to raise $750 million in bonds, saying it's sitting on $700 million in capital already.

The Port Authority of New York and New Jersey approved selling up to $2 billion in taxable bonds for the World Trade Center at Wednesday's meeting.

New York's Metropolitan Transportation Authority is heading in the right direction with its move to issue storm-surge catastrophe bonds, according to a hurricane financing expert.

A deal to sell the Harrisburg incinerator, the focal point of the debt crisis in Pennsylvania's capital, is imminent, the city's state-appointed receiver said.

New York's school districts are turning their backs on the pension smoothing plan introduced by Gov. Andrew Cuomo.

The Allegheny County, Pa., Sanitary Authority has agreed to pay $70,000 to settle Internal Revenue Service charges that it violated yield restriction requirements on an advance refunding escrow for $260.3 million of bonds issued in 2005.

Transit officials from several New York City-area agencies are talking about a new Penn Station by 2035, but that's far too late for Charles Moerdler.

Standard & Poor's on Monday assigned an A rating and stable outlook to the Lehigh County Authority's $291.5 million bond issue to fund its Allentown water lease deal.

New York sales tax revenue growth has been strong around New York City but weaker upstate in the first half of 2013, Moody's Investors Service said.

New York's MTA said Monday it would spend $18 million to restore and improve service on subways, buses and commuter trains that it cut sharply three years ago.