Commonwealth of Pennsylvania

State Treasurer Joe Torsella is accusing 14 financial firms of collaborating to illegally inflate the prices of Fannie Mae- and Freddie Mac-issued bonds.

The Pennsylvania Turnpike Commission won a lawsuit by truckers over tolling, but still faces questions about how it will manage its $11.8 billion debt load.

Municipal bond sales sank 28.2% from April 2018 as issuers awaited clarity on federal infrastructure plans.

State Treasurer Joe Torsella says bolstering private-sector retirement savings now will reduce pressure on social services spending later.

The governor announced a $4.5 billion, four-year infrastructure resilience initiative, for which he needs lawmakers to approve a natural gas drilling tax.

Even as he ties his latest tax proposal on natural gas drilling to infrastructure improvements, Democrat Tom Wolf must overcome resistance from GOP lawmakers.

Pennsylvania Gov. Tom Wolf proposed a $34.1 billion budget while calling again for a tax on natural gas drillers, with a new twist.

Municipal issuance fell by 24% to $338 billion for 2018 as changes in U.S. tax law crushed the market.

The Public Pension Management and Asset Investment Review Commission says its blueprint could save the commonwealth roughly $10 billion over 30 years.

While citing “noticeable, across-the-board improvements,” state Auditor Eugene DePasquale said significant work remains for the distressed city's three pension plans.