New York

Newly hired Long Island Power Authority CFO Tamela Monroe has arrived during a busy period for the public utility as it plans aggressive infrastructure goals while grappling with financial challenges posed by coronavirus.

Bi-state transportation agency seeks $3 billion of federal assistance to avoid capital plan cuts.

Prominent current and former public officials and analysts broadly agree that states and localities are headed for deep financial holes without additional and substantial federal aid.

With prospects of federal aid waning, an $8 billion revenue gap will leave the the state government and Gov. Andrew Cuomo few attractive options.

Fewer fliers due to the coronavirus pandemic sparked a second downgrade to Port Authority of New York and New Jersey-issued bonds sold for Kennedy Airport.

Nassau County Executive Laura Curran's plan to offset a coronavirus-related deficit faces stiff opposition from the Republican-controlled legislature.

The shroud of uncertainty surrounding further COVID-19 federal rescue aid has many public transit agencies and advocates antsy.

They are pushing the U.S. Senate for up to $36 billion, citing the devastating effects from COVID-19.

Setting capital investment priorities and other efficiencies can help the public transit system through its coronavirus-related fiscal crisis, a budget watchdog says.

State University of New York refinancing could offset lost revenues from expected declines in student housing revenue stemming from the COVID-19 pandemic.

Financial challenges posed by the COVID-19 pandemic have not slowed long-term capital initiatives at public power firms.

The New York/New Jersey agency's issuance of $1.1 billion in taxable notes underscores multi-year revenue challenges it confronts due to the COVID-19 pandemic.

Long Island county looks to offset COVID-19-related revenue losses.

New York City's dynamics include closing an estimated $9 billion revenue gap due to COVID-19 and the volatile matter of police funding.

Cooper Howard, director of fixed income strategy at the Schwab Center for Financial Research, talks about the bifurcation in the market and what investors should look at during the rest of the year.

Lawyers say there could be some nuanced changes on how the SEC approaches enforcement if Clayton does leave for the U.S. Attorney job.

The family of Alan Anders is holding a virtual memorial on Saturday, July 11, the day that he was born.

The shutdown of struggling Destiny USA due to COVID-19 could prompt more gambles from the property owner, a local expert says.

The deadline to pass the city's fiscal 2021 spending plan is two weeks away and it faces a $9 billion gap.

Proceeds from the sale would go to providing direct grants to non-profit organizations.