New York

According to the Independent Budget Office, New York City will continue to provide a larger share of the education department's budget than the state.

The New York City watchdog organization Citizens Budget Commission will honor U.S. Treasury Secretary Jack Lew at its annual dinner in Manhattan.

The New York City Municipal Water Finance Authority intends to sell $480 million of refunding bonds on March 25 after a one-day retail period.

New York MTA's Metro-North Railroad overemphasized on-time performance at the expense of rider safety, according to a blistering report by the Federal Railroad Administration.

Federal Judge Kimba Wood, who imposed $5.6 million in fines and restitution on municipal bond bid-rigger David Rubin, called prison unwarranted for the founder of CDR Financial Products.

Moody's downgraded Onondaga County, N.Y. to Aa2 from Aa1.

A federal judge sentenced CDR Financial Products Inc. founder David Rubin to two years' probation and ordered him to pay a combined $5.65 million in fines and restitution for his role in rigging bids for municipal bond contracts.

Spending hikes in New York City's proposed $12.8 billion five-year school; capital plan hinge on a statewide bond referendum, the Independent Budget Office said.

The potential cost of labor negotiations casts a shadow of uncertainty on New York City finances, said a report by state Comptroller Thomas DiNapoli.

New York City's crumbling infrastructure, if left unchecked, could "wreak havoc" on its economy, said a report that called for a $47 billion investment merely for repair and replacement.

New York City Comptroller Scott Stringer named former DASNY operative Carra Wallace to the new position of chief diversity officer.

The sentencing of municipal bond bid-rigger David Rubin has been postponed to 3:30 p.m. March 12.

New York City priced $950 million of general obligation bonds on March 5, and expects to price $100 million of tax-exempt variable-rate demand bonds later in March.

Moody's Investor’s Service downgraded Yeshiva University further into speculative territory Wednesday, dropping the school to B3 from B1.

New York's MTA made a formal request for a second federal presidential emergency board to help Long Island Rail Road reach an agreement with eight of its unions.

The sentencing of CDR Financial Products founder David Rubin for his role in muni bond bid-rigging has been postponed from Thursday to 11 a.m. Friday in New York.

New York City should have at least a blueprint for settling expired labor contracts by the end of the fiscal year, city Comptroller Scott Stringer told a City Council committee.

Standard & Poor's has taken the Long Island Power Authority off of credit watch negative but has retained a negative outlook on its A-minus rating.

The New York City Housing Development Corp.'s board approved Mayor Bill de Blasio's appointment of Gary Rodney as president.

Expansion of after-school programs for middle school students will cost $190 million, said New York City Mayor Bill de Blasio.