New York

Paul Burton and John Hallacy examine the legacy of Felix Rohatyn, a driving force behind New York City's recovery from near-bankruptcy, and lessons learned from the 1970s crisis.

The investigation appears to be linked to the supervision of Deborah Kelley, a broker who was convicted and sanctioned for bribing a state pension fund officer.

Funding for resilience is a challenge for municipal issuers, including many in a budget squeeze.

The orders issued Dec. 23 bring to a close the Securities and Exchange Commission enforcement action against Navnoor Kang, Deborah Kelley and Gregg Schonhorn.

Moody’s Investors Service lowered the rating of the private collage in upstate New York to Ba3 from Ba1.

Opponents to the under-the-radar provision say its harshness could impede the execution of the MTA's new capital program by deterring contractors.

Facing loss of their tax-exemption under 2017 tax legislation, rural electric and utility cooperatives lobbied for language in the new federal spending bill.

Laura Porter will be analytical global group head of public finance and infrastructure ratings, replacing Dan Champeau, who is moving to Fitch Solutions.

The Bond Buyer's Paul Burton and Andrew Coen dissect Northeast regional transportation, including the stalled Gateway tunnel project, New York MTA, NJTransit, Penn Station and Connecticut's tolling debate.

New York financial leaders remember Felix Rohatyn, who died Saturday, as the driving force behind the city's recovery from near-bankruptcy in the 1970s.

Reuben R. McDaniel III will head the Dormitory Authority of the State of New York.

Observers say the deal with the Transport Workers Union could strain the authority's operating and capital budgets.

Damian Smith, Chief Diversity Officer at Societe Generale, talks with Chip Barnett about diversity and inclusion in the financial marketplace. He discusses social and cultural change and the added value of having diverse viewpoints in the workplace.

A successful $405 million borrowing executed by Long Island's Nassau County last week helps maintain its financial progress toward exiting a nearly decade-long state control period.

A steep decline in school district reserves drove a two-notch downgrade and has drawn a subpoena from the Securities and Exchange Commission.

Moses Gates, Regional Plan Association vice president for housing and neighborhood planning, talks about its recent report on fixing problems at the New York City Housing Authority. Paul Burton hosts.

New York State lawmakers may raise taxes to combat a looming $6.1 billion budget deficit.

Moody’s cut its rating on Lincoln Center debt issued in 2016 one level to A3 from A2 as the non-profit that runs the complex deals with falling attendance and high financial leverage.

The $10,000 limit on the SALT deduction caused an estimated 10.88 million individual taxpayers to lose $323.1 billion in tax deductions for the 2018 tax year.

The State Thruway Authority adopted a $1.3 billion 2020 budget that lowers spending by 2.4% after a debt refinancing.