China has a powerful financial-market arsenal for its trade tussle with America, including a hoard of Treasuries and its currency. But using those weapons is not without cost.

New Jersey lawmakers are proposing a creative approach to raising money for needed work on Garden State roads: Sell bonds directly to its struggling pension funds.

Pennsylvania’s reliance on toll revenue from the nation’s oldest turnpike to fund other road and mass-transit projects is starting to worry Janney Montgomery Scott’s Alan Schankel.