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The mass transit authority cannot tap the Municipal Liquidity Facility directly, chief financial officer Robert Foran said.
April 30 -
The COVID-19 pandemic has dragged the tourist city to the verge of junk status.
April 29 -
The utility envisions a digital power grid and clean energy transmission, with this sale setting the stage.
April 28 -
For the second time in two weeks, a rating agency lowered the Port Authority of New York and New Jersey's outlook.
April 27 -
State Comptroller Thomas DiNapoli warns of multi-year budget hits from virus with more federal aid needed to fill the gaps.
April 22 -
One of the nation’s largest transportation borrowers issued its first bond disclosure about the fiscal impacts from the COVID-19 pandemic.
April 16 -
Volume is down sharply across the Port Authority of New York and New Jersey's transportation assets since the March COVID-19 outbreak.
April 14 -
Fitch follows Moody's in revising the Empire State's debt to negative from stable.
April 13 -
New York’s new state budget provides flexibility to deal with near-term revenue hits from COVID-19, but it has little bandwidth to withstand a deep recession.
April 9 -
Brodsky, who died of suspected complications from COVID-19, is remembered as a tenacious public official and a skilled debater.
April 9