Commonwealth of Massachusetts

The MBTA's capital program, which relies on nearly $600 million in annual borrowing, has doubled since 2018.

The commowealth is flush with cash but still managing the effects of the COVID-19 pandemic.

The market idled Monday while investors prepare for a $12 billion new-issue onslaught that brings diversity of credits that will help direct benchmark yields. Continued fund flows are needed to sustain current yields.

Officials call it the first for any state revolving fund program in the country.

Greg Sullivan of Boston's Pioneer Institute explores the migration from Massachusetts and Connecticut to lower-tax states, and the ripple effects of a lawsuit regarding cross-state remote employees that could reach the U.S. Supreme Court. Paul Burton hosts. (13 minutes).

The rating agency called the commonwealth's proposed rainy day fund withdrawal moderate.

A Pioneer Institute report cited “a persistent trend” of high-income earners leaving high-tax states for low-tax ones.

Massachusetts Treasurer Deborah Goldberg said state officers pivoted quickly as the coronavirus pandemic escalated.

New Jersey and Connecticut on Tuesday joined a legal battle to stop neighboring states from taxing residents who due to the pandemic have stopped commuting over state lines and are now working remotely.

Daniel Rivera will leave Lawrence City Hall to run the state's finance and development wing.