City of New York, NY

New York City would be the first major U.S. public pension to divest from fossil fuel businesses.

The municipal bond market was quiet Monday as traders waited for this week’s new issue sales to get underway with competitive deals on Tuesday from Massachusetts and Fairfax County, Va.

The municipal bond market on Monday is patiently waiting for this week’s new issue sales to get underway with competitive sales on Tuesday from Massachusetts and Fairfax County, Va.

The par value of muni underwriting fell for the top five firms as volume receded from the 2016 record.

The municipal bond market is looking ahead to next week’s $3.3 billion new issue slate which is dominated by GO sales from Massachusetts and taxable negotiated deals.

While dodging the actual phrase, Gov. Andrew Cuomo suggested now is the time to seriously consider a tolling plan to fund subway and street repair in New York City.

After a week that saw few deals come to market, municipal bond traders will see the calendar perk up a bit next week as several issues of size are set to hit the screens.

New York City’s newly elected officials outlined a progressive agenda topped by vows to tackle the housing affordability crisis.

The sectors creating the most jobs have relatively low wages and the city’s poverty rate remains high, said the Citizens Budget Commission.

The embattled authority’s physical needs assessment will probably exceed $25 billion, says the watchdog Citizens Budget Commission.