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In the first half of the year, private-sector jobs in the Big Apple surpassed pre-pandemic levels as payroll gains outperformed the national growth rate. However, Mayor Adams says there is one big problem that "will destroy New York City."
September 8 -
Despite this, August saw the largest monthly volume of 2023, helped by several billion-dollar deals and multiple Texas school district deals.
August 31 -
The Port Authority of New York and New Jersey will bring affirmations of its AA-minus level ratings to its next bond deal, a refunding expected in September.
August 25 -
"The improved rating outlooks are critical for the Power Authority to ensure that we can continue leveraging the capital markets," said NYPA President and CEO Justin E. Driscoll.
August 24 -
New York deals dominated the top ranks of regional issuers in the first half of 2023 even as supply sank around the Northeast and around the country.
August 18 -
For the three-month period ending June 30, the fund's investments returned about 3.08%.
August 17 -
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.
August 14 -
"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."
August 10 -
Costs associated with the influx of migrants could cost the city more than $12 billion over fiscal 2023, 2024 and 2025.
August 10 -
Though the city has vast financial strengths, it is struggling with the costs of housing migrants and declining commercial property values.
August 4