New York

Moody's Investors Service dropped the Long Island county to Baa1 from A3.

A three decade veteran of the municipal market, Marjorie Henning was most recently a director in the municipal securities division at Citigroup.

Amid hurricanes and other natural disasters and with federal funding a wild card, municipalities and states adjust.

The budget Nassau County Executive Laura Curran released this week aims to tackle past debt incurred by the prior administration.

Legacy costs are crowding out programmatic spending, according to a report by the Citizens Budget Commission's Ana Champeny and Maria Doulis.

The flattening of the U.S. Treasury yield curve can be a misleading signal of recession, New York City’s Bureau of Asset Management said.

Profits for New York City’s securities industry have climbed to the highest level since the end of the recession sparked largely by the 2008 global financial crisis, a state report said.

Mayor Bill de Blasio and Comptroller Scott Stringer want to double energy efficiency investment to $4 billion over three years.

Ten years ago, the financial avalanche that altered the municipal bond market gathered speed with the bankruptcy of Lehman Brothers.

The $582 million deal in the spring was the largest pooled school district bond issuance in the 74-year history of the Dormitory Authority of the State of New York.