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A surplus this coming fiscal year will be used in following years for debt and pension payments, Executive Director Natalie Jaresko said.

Willie Blalock of City National Bank in New Jersey talks about the value of minority banks.

MWBE University is a program developed by NYC Comptroller Scott Stringer to aid businesses owned and operated by women and people of color.

Two rating agencies offered slightly different takes on how school districts would fare.

Munis are termed rich, but taxables still shine.

The standard measure of interest rate risk is effective duration; it is the critical input to portfolio-based hedging.

Some stakeholders say the CUSIP requirement for MAs is needed, while other say it is burdensome.

Illinois lawmakers gave first-year Gov. J.B. Pritzker a victory on a cornerstone of his fiscal plan for the troubled state.

The Federal Reserve Bank of New York said two of its top officers are departing — including Simon Potter, who oversees its strategically vital trading desk.

The financier's lawyers disputed a court-appointed monitor who had criticized him for maintaining an expensive lifestyle while his investors faced losses.