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Its series of responses provides a greater understanding of the city’s history, says NYU Wagner's Mitchell Moss.
April 17 -
The authority, which Moody’s dropped to A2 from A1, seeks a further $4 billion from Washington and has paused its capital program.
April 16 -
New York's mayor announced sharp cuts, a draw on reserves and a call for further assistance from Washington.
April 16 -
Rachael Fauss of Reinvent Albany explores cash-flow remedies for the mass transit system amid the COVID-19 pandemic, including the Federal Reserve possibly buying MTA bonds. Other topics include data transparency. Paul Burton hosts.
April 14 -
Biweekly webinars on Zoom will help city small businesses and MWBEs stay afloat in difficult economic times.
April 13 -
The council wants to focus on the social safety net in light of the COVID-19 pandemic.
April 8 -
Despite a muted month of March due to the COVID-19 pandemic which included two weeks of no negotiated deals, muni bond issuers still sold more long-term debt than they did during the first three months of 2019. Issuers accounted for a total of $84.87 billion of bonds throughout 2,119 transactions, compared to $75.84 billion in 1,809 deals in first quarter of 2019. The top 10 features five newcomers from a year ago, including the top spot.
April 7 -
Forced selling continues and credit spreads are widening as much as 200 basis points in spots making for a large bid-ask disconnect in the market.
April 2 -
Negative outlooks trigger questions about other reeling areas in the capital markets crosshairs.
April 2 -
The rating agency expects a 'sudden and severe decline in the city's sales and income taxes' as a hit to the city's budget and economy from the coronavirus crisis.
April 1