New York

Observers say the deal with the Transport Workers Union could strain the authority's operating and capital budgets.

Damian Smith, Chief Diversity Officer at Societe Generale, talks with Chip Barnett about diversity and inclusion in the financial marketplace. He discusses social and cultural change and the added value of having diverse viewpoints in the workplace.

A successful $405 million borrowing executed by Long Island's Nassau County last week helps maintain its financial progress toward exiting a nearly decade-long state control period.

A steep decline in school district reserves drove a two-notch downgrade and has drawn a subpoena from the Securities and Exchange Commission.

Moses Gates, Regional Plan Association vice president for housing and neighborhood planning, talks about its recent report on fixing problems at the New York City Housing Authority. Paul Burton hosts.

New York State lawmakers may raise taxes to combat a looming $6.1 billion budget deficit.

Moody’s cut its rating on Lincoln Center debt issued in 2016 one level to A3 from A2 as the non-profit that runs the complex deals with falling attendance and high financial leverage.

The $10,000 limit on the SALT deduction caused an estimated 10.88 million individual taxpayers to lose $323.1 billion in tax deductions for the 2018 tax year.

The State Thruway Authority adopted a $1.3 billion 2020 budget that lowers spending by 2.4% after a debt refinancing.

The county’s $3.11 billion 2020 budget represents progress toward achieving structural balance despite $50 million in risk, according to a fiscal control board.

The Division of the Budget said escalating Medicaid costs are the main reason for the projected shortfall.

NYC's November plan is up $1.6 billion, or 1.7%, from the June budget.

AmeriVet Securities has hired Francis McKenna to be its executive director of public finance.

Over the past three years, TD Securities has expanded its New York City-based team of public finance and sales and trading professionals.

LIPA's $820 million capital plan for 2020 includes $559.7 million of bonds.

The agency's repair backlog is measured in the tens of billions of dollars.

Montreal businessman Anthony McCord will arrive next month as New York Metropolitan Transportation Authority's chief transformation officer to address the authority's myriad operational and capital funding challenges.

Cross, who served as associate tax legislative counsel at the Office of Tax Policy until Friday, said that he resigned in order to be closer to family.

Major banks accused of manipulating the variable-rate market are seeking to get the court to toss out the second amended whistleblower complaint filed by municipal advisor Johan Rosenberg.

James Johnson, who steered New Jersey's oversight of Atlantic City, is now corporation counsel for New York City.