New York

Moody's boost at Aa1 means lower borrowing costs, additional savings and a more diverse market for the city's bonds, according to Melanie Hartzog.

A new Big Apple Transit agency would issue new debt for transit under City Council Speaker Corey Johnson's plan.

Corey Johnson has called for wresting control of five-borough transit operations from the state-run Metropolitan Transportation Authority.

Sen. Chuck Schumer, D-N.Y., is making an end run around the Trump administration and proposing a legislative solution to jump-start the Gateway project.

New York economic conditions slipped in February, with current conditions falling to their lowest level since June.

The West and East Coasts will battle it out for the top municipal deal of the week — with California coming with a $2.3 billion GO deal and NYC coming with almost $990 million of bonds.

The upgrade Friday came as city Comptroller Scott Stinger warned about the use of numerous one-time actions to balance the budget.

The longtime municipal and fixed income strategist will become municipal bond client sales and product manager at the electronic trading platform.

The announcement of a congestion pricing plan and passage of fare and toll hikes reflects favorably on the authority, Moody's says.

The practice of protecting computer systems, networks and programs from digital attacks can expose management, budgeting and liquidity weaknesses.

New York’s next budget should build up reserve levels to brace for the next economic downturn, according to the state comptroller.

The settlement approved by the Oyster Bay Town Board requires it to hire a municipal finance consultant.

New York Gov. Andrew Cuomo and Mayor Bill de Blasio packaged their support of the Manhattan toll plan with a blueprint to overhaul the embattled transit authority.

The College of New Rochelle is on the brink of closure after staff cuts, asset sales and a refinancing failed to alleviate a debt crunch.

Mounting deficits cost Valley Stream, N.Y. its investment grade rating.

As Albany enters the budget homestretch, debate over congestion pricing and other measures to bolster mass transit in the New York City region is intensifying.

Issuers in the Northeast sold $95.5 billion of municipal bonds in 2018, off 21.3% from 2017 with an even more pronounced fourth-quarter drop.

Escalating deficits and dwindling reserves triggered a downgrade nine months after the city's liquidity crisis.

Officials say California revenues may rebound after coming in $2.3 billion shy of Gov. Gavin Newsom's budget plan in December and January.

The head of the entity overseeing the Gateway initiative lays the delays at the foot of the Trump administration.