New York

Agreement on $29 billion in capital funding for the MTA was the best moment of the year for New York City transit riders, said the Straphangers Campaign group.

Over the past 10 years, New York City's overtime spending has increased from $928 million to $1.7 billion, according to the Independent Budget Office watchdog organization.

Moody's Investors Service has placed eight New York issuers with a combined $2.1 billion in debt on review for not providing "sufficient" financial reports.

The New York State Gaming Commission voted Monday to issue licenses for three planned Upstate casinos that were first selected a year ago.

New York City will end the fiscal year with a $963 million surplus, or $828 million more than Mayor Bill de Blasio's estimate, said the watchdog Independent Budget Office.

New York MTA approves its $15 billion operating budget in a warmup act for another capital program battle with Albany.

The Westchester County Board of Legislators has approved a $1.8 billion 2016 budget that for a sixth straight year will not raise property taxes.

New York State is receiving $75 million in grants to support 45 drinking water and wastewater infrastructure improvement projects, Gov. Andrew Cuomo announced Tuesday.

New York City Comptroller Scott Stringer’s latest call for change in the city’s $163 billion pension-fund system is for divestiture from coal.

New York education, healthcare and non-profit issuers with strong credit will now be able to expedite their transactions under new guidelines approved by the Dormitory Authority of the State of New York.

The AFL-CIO Housing Investment Trust announced a partnership to invest up to $300 million in Metro New York affordable housing, community centers and care facilities.

New York MTA officials is looking to go green, and they don’t mean the map colors of the Lexington Avenue subway line.

SUNY Chancellor Nancy Zimpher is making an impassioned pitch for more funding while challenging the system from within.

The Port Authority of New York and New Jersey has approved a $7.9 billion spending plan for 2016 that includes $1.2 billion for debt service.

The Port Authority of New York and New Jersey has agreed to partner with the federal government in advancing plans for a planned new Gateway Tunnel rail project connecting New Jersey to Manhattan

New York’s MTA says it has substantially completed two significant contracts on East Side Access, the megaproject intended to bring LIRR service to Grand Central Terminal.

Nassau County, N.Y.’s fiscal control board has approved its $2.95 billion 2016 budget, while mandating quarterly reviews to track if revenue and spending levels are on the right track.

The Town of Hempstead, N.Y. on Long Island had its credit rating for $370 million of previously issued limited tax general obligation bonds slashed one notch to Aa2 by Moody’s Investors Service. The outlook was revised to negative from stable.

The trustees of the New York City Pension Funds approved a plan to create a common investment meeting, in a move city Comptroller Scott Stringer says will significantly streamline the operations of the five pension boards.

The Independent Budget Office’s latest budget options for New York City include sustainability and local environmental measures, from a city-based carbon tax to a congestion surcharge for taxi and for-hire vehicle pickups.