Organization Root Tag

A federal initiative, focusing on states, and eventually, larger municipalities and authorities, that places a premium on enhancing transparency, is fundamental to improving the fiscal health of state and local governments.

Following another court ruling on a 2022 labor law the Oversight Board rejected, Puerto Rico professors doubt the local government will operate more responsibly any time soon.

Doty, 81, touched nearly every facet of the public finance industry over his almost fifty-year career.

Despite looming economic and social challenges, New York City's economy has proven to be more resilient than projected, New York's comptrollers Brad Lander and Thomas DiNapoli say.

The rating agency's release ESG credit indicators for states and territories last year was blasted by GOP officials for being politicized, vague, and confusing.

A $40 billion White House supplemental funding request includes $12 billion for FEMA's disaster relief fund, but critics say it may be safer to consider the measure alone.

Plan of adjustment deadline schedule gets extended to Aug. 18.

"The main climate factors expected to influence the 2023 Atlantic hurricane activity are the ongoing El Nino and the warm phase of the Atlantic Multi-Decadal Oscillation, including record-warm Atlantic sea surface temperatures," said NOAA's Matthew Rosencrans.

"Weaker performance is in part driven by higher permanent labor costs," Moody's said. "These elements highlight rising human capital and financial strategy risks under Moody's ESG classification and are key drivers of this rating action."

Costs associated with the influx of migrants could cost the city more than $12 billion over fiscal 2023, 2024 and 2025.

New York City's $1 billion deal was re-priced to lower yields and a tax-exempt and taxable deal for the NFL's Tennessee Titans new stadium priced.

Not-for-profit community hospitals are drawing scrutiny for questionable business practices.

The firm named Matt O'Connor to be head of its soon-to-be-opened Miami office and picked Annabella Espina to be its chief operating officer.

Under Reynolds' leadership, Loop has grown into a full-service investment firm with more than 260 employees that's one of the world's largest minority or women-owned investment banking firms.

Economists remain guarded about the island's economic future.

William Glasgall of the Volcker Alliance talks about the future of mass transportation across the U.S. as federal pandemic aid nears an end. Thomas Nocera hosts. (21 minutes)

The restructuring would make bondholders whole, but the bonds' maturities are being pushed out by 25 to 35 years.

Judge Swain approves another deadline extension for a proposed plan of adjustment.

"The limited scope of muni debt affected suggests a marginal impact on the muni market, if any," BofA strategists said.

Though the city has vast financial strengths, it is struggling with the costs of housing migrants and declining commercial property values.