New York

Moody's boost at Aa1 means lower borrowing costs, additional savings and a more diverse market for the city's bonds, according to Melanie Hartzog.

A new Big Apple Transit agency would issue new debt for transit under City Council Speaker Corey Johnson's plan.

Corey Johnson has called for wresting control of five-borough transit operations from the state-run Metropolitan Transportation Authority.

Sen. Chuck Schumer, D-N.Y., is making an end run around the Trump administration and proposing a legislative solution to jump-start the Gateway project.

New York economic conditions slipped in February, with current conditions falling to their lowest level since June.

The West and East Coasts will battle it out for the top municipal deal of the week — with California coming with a $2.3 billion GO deal and NYC coming with almost $990 million of bonds.

The upgrade Friday came as city Comptroller Scott Stinger warned about the use of numerous one-time actions to balance the budget.

The longtime municipal and fixed income strategist will become municipal bond client sales and product manager at the electronic trading platform.

The announcement of a congestion pricing plan and passage of fare and toll hikes reflects favorably on the authority, Moody's says.

The practice of protecting computer systems, networks and programs from digital attacks can expose management, budgeting and liquidity weaknesses.