New York

The median net pension liability in the nation’s 15 largest cities jumped 16% on a per capita basis in fiscal 2017, S&P Global Ratings said Wednesday.

The New York mayor launched an initiative to update and expand the city’s long-term strategy plan.

The first phase of the long-delayed Gateway project under the Hudson River is "shovel ready" and ready to take flight once the Trump administration provides the green light, according to New Jersey Gov. Phil Murphy.

The 30-year veteran of HJ Sims, Lebenthal, and Bank of America will be responsible for expanding 280 Cap Markets' new issue underwriting business.

The unrestricted cash balance was nearly unchanged from the end of fiscal 2017.

The bill would make permanent the lower tax rates for individuals and small businesses and the $10,000 federal cap on state and local tax deductions.

Buffalo Comptroller Mark Schroeder addresses the city’s latest fiscal challenges stemming from dwindling reserves and his political future after an unsuccessful Democratic primary challenge against longtime Mayor Byron Brown. Andrew Coen hosts.

The New York mayor says he will seek federal funding for the $2.7 billion project.

City Budget Director Melanie Hartzog discusses the $89.16 billion fiscal 2019 budget, spending priorities, reserves and the dynamic between Mayor Bill de Blasio’s office and the City Council. Chip Barnett and Paul Burton host.

Wilshire Consulting said the aggregate funded ratio for U.S. state pension plans remained unchanged between and first and second quarters of 2018 at 70.8%, up 0.7 percentage points from the previous 12 months.

The ceasing of casino revenue sharing payments continues to hamper the credit conditions of Niagara Falls, N.Y., according to S&P Global Ratings.

DASNY finished the first half of 2018 as the nation’s second largest issuer with $3.2 billion in bonds sold.

The proposed Treasury rules would limit states' use of charitable deductions as workarounds for the $10,000 cap on the federal deduction for state and local taxes.

The New York State Thruway Authority is on the road to completing a decades-long reconstruction project for a heavily-traveled stretch of Interstate-95.

Mark O. Norell, a veteran tax-exempt bond lawyer has been named a partner in the firm’s public finance department in New York.

Northeast municipal bond issuance sank 11.7% in the first half of 2018 compared to a year earlier, reflecting a national trend driven by federal tax changes.

S&P last week downgraded the transportation authority, citing weak debt-service coverage.

New York City’s economy grew 2.7% in the second quarter, as its unemployment fell to a historic low.

“Strategic investments” account for the 20% increase in spending since New York Mayor Bill de Blasio took office, his budget director said Thursday.

S&P Global Ratings dropped New York's Metropolitan Transportation Authority to A from A-plus, its second downgrade of the agency in five months.