The move by New York's mayor could precede more citywide action in the absence of federal rescue aid or state-authorized long-term borrowing.
Congress should pass legislation that would allow Home Loan banks to backstop deposits by local governments at commercial banks and lower the cost of bond financing, two mayors argue.
With Congress gridlocked over the coronavirus rescure package, the nation's largest trasit authority may have to look for other options.
Declines are attributed to the pandemic and were highest among first-year students, report says.
Former Rep. Joe Crowley, D- NY., said fellow Democrats need to get on board with using public-private partnerships as a way to pay for infrastructure.
The city's full-court press on investors includes a webinar to replace pre-COVID-19 investor luncheons and one-on-one calls ahead of the $1.24 billion deal.
Rep. Josh Gottheimer of New Jersey, the Democratic co-chair of the caucus, described the package as “a common-sense framework."
The $73 million in present value savings over the next three years will help offset the costs of the coronavirus pandemic.
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The $73 million in present value savings over the next three years will help offset the costs of the coronavirus pandemic.
September 14 -
Northwestern Memorial HealthCare and Palos Health are the latest Midwest systems exploring a merger.
September 14 -
In a long-range revenue forecast, a state economist told lawmakers that it could take two or three years for Florida’s hard-hit tourism industry to recover.
September 14 -
During the kickoff for the United for Infrastructure week, Sen. John Barrasso, R-Wyo., said he supported a one -year extension of current federal surface transportation funding.
September 14 -
The bonds are pricing in three series on Wednesday and Thursday through senior manager Morgan Stanley.
September 14 -
Consumers’ view of the economy was less pessimistic in August, according to the Federal Reserve Bank of New York’s Survey of Consumer Expectations.
September 14 -
Gov. Gina Raimondo and top lawmakers want a clearer picture from Washington over coronavirus relief aid.
September 14