Southeast

An unsealed whistleblower lawsuit accuses eight Wall Street and regional banks and broker-dealers that served as remarketing agents of fraud and collusion in resetting rates for variable rate demand obligations issued by state and local issuers in Illinois.

The Legislature's budget failed to provide debt service on some bonds, decimated reserves, and lacked full funding for core services, Gov. Matt Bevin said.

Employers in New York also are allowed to implement a 5% payroll tax as a way of paying some of their employees’ state income taxes.

The legislation would determine the fate of the state-owned utility formally known as the South Carolina Public Service Authority.

The question of whether to cover Virginians under the Affordable Care Act prevented a budget from passing during the regular session.

Kentucky lawmakers approved a $22 billion biennial budget bolstered by cuts for most state agencies, transfers and new revenue.

Like a homeowner making extra mortgage payments when times are good, King George County is looking to pay down its debt before times get bad — and one of its primary sources of revenue is no longer available.

Many teachers went on strike Monday after state lawmakers approved a pay raise that represented about half of what they sought.

The nation's leading municipal bond counsel expects to gain a significant edge through artificial intelligence and related technology.

An analyst says South Carolina Gov. Henry McMaster does not to have the sole authority to bar Santee Cooper from raising rates.