Northeast

Moody's Investors Service on Friday downgraded Yeshiva University's rating to Baa1 from A2, and said it would review the university for further downgrade.

The Hilton Baltimore Convention Center Hotel will likely need city funds to help pay debt service on revenue bonds issued by the city in 2006 and that will be a credit negative for the bonds, Moody's Investor's Service said Thursday.

Massachusetts Gov. Deval Patrick signed a $34 billion budget, but vetoed $417 million while a separate transportation bill remains unresolved with the legislature.

Two bills intended to improve oversight of municipal bond financing and prevent another Harrisburg-type fiasco will go to the Pennsylvania Senate this fall.

Former Gov. Eliot Spitzer, furthering his political comeback try, delivered nomination signatures for New York City comptroller to the Board of Elections office.

Struggling with $350 million of unpaid debt, Harrisburg, Pa., is selling a collection of memorabilia to raise cash.

A continued slide in Atlantic City's casino revenues will add pressure to the city government's finances, Moody's Investors Service and Standard & Poor's says.

Trade organizations allege that New York City's building department ignored plumbing and fire safety codes when it OK'd Forest City Ratner's high-rise next to the Barclays Center.

Teetering Harrisburg, Pa., will sell artifacts in a Guernsey's-run auction that ex-Mayor Stephen Reed had bought in a failed attempt to start a Wild West museum.

Fitch Ratings revised the general obligation outlook of Woonsocket, R.I., to stable from negative while affirming its B rating.