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The Democratic governor will have continued powers to thwart proposed wealth taxes from progressive members of his party after Republicans prevented a veto-proof Senate majority.
November 10 -
The move would not resolve structural budget gaps, according to the rating agency.
November 3 -
Long-term municipal bond volume is on pace to set a new record of yearly issuance, thanks in part to issuers rushing to market before the election and a continued taxable boom.
October 30 -
Virus effects have battered New York City’s economy and by extension, the city’s budget and credit standing.
October 30 -
The comptroller report said New York City's reserves mitigate the need for bond financing to fund operations as the city has more in reserve funds than pre-Great Recession and Sept. 11-related recession figures.
October 29 -
The transit agency — its revenues battered, its credit standing weakened and with no federal rescue aid in sight — looks to borrow its remaining $2.9 billion available through the Municipal Liquidity Facility.
October 29 -
The two-notch lowering to A-minus precedes the transit agency's planned $258 million negotiated sale of transportation revenue refunding green bonds.
October 26 -
New York Gov. Andrew Cuomo is holding off on addressing a widening revenue gap until after the election, hoping a Democratic win will mean more stimulus, a move analysts criticized.
October 22 -
The securities industry was buoyed by federal stimulus and a massive influx of liquidity, report says.
October 22 -
New York MTA inspector general rails at lax contractor evaluations
October 14