Northeast

The Allegheny County Airport Authority sold $832.7 million of bonds to cover two-thirds of the construction costs in the latest example of the region's modernization.

The state-supported issuance marks the initial debt offering to backstop a $523 milion initiative.

With a lot of cash still needing to be put to work, the Investment Company Institute showed another large week of inflows at $1.814 billion.

State Comptroller Thomas DiNapoli's annual report reinfornced the transit authority's struggles that took hold during the pandemic.

Bond ratings and other positive news of late could merely paper over warning signs of another fiscal cliff.

William Estes has overseen multibillion-dollar design-build and infrastructure developments for government agencies in New York.

As two women compete for the city's top office, a ballot measure with big ramifications for its finances will also shape its future.

Making the Federal Reserve's Municipal Liquidity Facility a permanent emergency lending program would be “valuable and forward thinking," Connecticut Treasurer Shawn Wooden told a House subcommittee.

New leaders could create a joint blueprint while sidestepping another fiscal cliff, said Peter Goldmark, a major player when the city nearly went bankrupt.

The authority's officials have adjusted to the hit from COVID-19 through toll hikes, capital plan reductions and lines of credit.