Northeast

New York's Metropolitan Transportation Authority plans to continue its aggressive borrowing with $3.1 billion in bond sales over the next three months.

The finance committee of New York's MTA authorized an increase in the amount of fuel-hedging capacity, which budget officials say minimizes volatility.

New York Comptroller Thomas DiNapoli proposed a monitoring system that would rate the financial status of local governments and school districts in the state.

After receiving a rating upgrade, the State of New York Municipal Bond Bank Agency sold $280 million of revenue refunding bonds on Monday, a day ahead of schedule.

The Port Authority of New York and New Jersey will sell $2 billion of taxable bonds for its multi-billion dollar project of redeveloping the World Trade Center site in lower Manhattan.

Public hearings on the debt structure of the Harrisburg, Pa., incinerator retrofit project have been rescheduled for Oct. 4.

New York City will sell $1.2 billion of general obligation bonds through negotiation in October.

Former Rhode Island Gov. Donald Carcieri took responsibility for his support of failed video game company 38 Studios but also blaming current governor Lincoln Chafee.

Gov. Tom Corbett has named William Sasso of Gwynedd Valley chairman of the Pennsylvania Infrastructure and Investment Authority, or Pennvest.

Harrisburg, Pa.'s mayor has requested a $6,500 increase in travel costs above what the City Council allocated her office in fiscal 2012.