New York

The weirdness of this storm adds yet another layer of complexity to the vexing problem of coping with climate change.

The New York City convention center's bonds are backed by hotel tax revenues that have been slow to recover from COVID-19.

The nearly 40% year-over-year decrease is a result of various factors including rising interest rates, other financing tools, such as forward delivery bonds, and simply that refundings are in less demand from issuers.

Other post-employment liabilities are more material problems for one in ten state and local governments, according to Moody's Investors Service.

ReThinkNYC, battling entrenched transit and real-estate interests in its call for a unified network, cites economic development gains and capital savings.

While municipals were little changed, broader markets remain focused on Jackson Hole and speculating what will be said about tapering.

The drenching of several regions exposed vulnerabilities that vary by state, and recurring problems that could jeopardize municipal credit.

The transition should not affect state credit, said John Ceffalio, senior research analyst for municipals at CreditSights.

The MTA budgets 16 months for environmental review of the tolling project for Manhattan's central business district.

Issuers sold nearly $60 billion of debt as states, cities and agencies adjusted to the COVID-19 environment and other variables.

The short end of the muni market saw trading of larger blocks at or below benchmarks but yield curves were little changed on a summer Friday.

Kathy Hochul, a 62-year-old Buffalo native, will become the state’s first female governor. The former congresswoman has been lieutenant governor since 2015.

That's not a bad idea despite the crumbling condition of a key stretch of the highway, says NYU Rudin Center Director Mitchell Moss.

New York's governor, embroiled in a sexual-harassment scandal, will step down in two weeks, in a move that could affect the state-run MTA, a major bond issuer.

Rising sea levels could make catastrophic events such as recent subway flooding more intense and frequent in places including New York and Boston.

Pitfalls loom despite improved bond ratings and an improving fiscal picture, according to members of the state's fiscal control board.

New York's governor denied allegations by state Attorney General Letitia James' office that he engaged in unwanted groping and comments of a sexual nature.

July volume was $31.9 billion keeping the annual pace ahead of last year's record-breaking total. Issuance still lags demand by a large amount — $60 billion by many accounts for August alone — as redemptions coupon payments pile up.

Federal Aviation Administration approval of the $2.1 billion transit connector revived heated debate over an undertaking that Gov. Andrew Cuomo has championed.

The acting New York City Transit president was in line for a board chairmanship had state lawmakers approved Gov. Andrew Cuomo's measure to split the authority's top positions.