The Latest

"Further declines could weaken New York's tax revenue from the securities industry and have repercussions for our state and city budgets," said New York State Comptroller Thomas DiNapoli.

Officials from the Governmental Accounting Standards Board said that adhering to the Financial Data Transparency Act may make things more complicated.

The proposed spending plan includes the first chunk of money from the city's new casino, which will support underfunded police and fire pensions.

Minutes from the September Federal Open Market Committee meeting were "not much of a market mover" Wednesday, said Scott Anderson, chief U.S. economist and managing director at BMO Economics.

A "pillar of the public finance community," Gerdes' extensive career spanned many facets of the industry and he was instrumental in many major building and financing programs for clients.

"Financial markets are tightening up and they are going to do some of the work for us," Federal Reserve Gov. Christopher Waller said in a conversation moderated by Paul Ryan.

John Whitmire said one of his main priorities as mayor would be repairing and upgrading a decrepit, leaky water-distribution network.

Funds invested into risky private equity and real estate could flow into bonds

Vogel's more than three-decade career included his more recent span of 17 years at Neuberger Berman in New York City as a senior vice president beginning in 2006.

The board says the First Circuit should stop GoldenTree and Syncora's efforts to appoint a receiver.