The Securities Industry and Financial Markets Association (Sifma) held its . Speakers' outlooks on the financial industry bode poorly for New York's economy. "I think we will see a lot more cost cutting," said Toos Daruvala, director of banking an Read More
New York doesn't look so hot in the just-released 2011 National Assessment of Education Progress (NAEP) report cards in and , designed to show "what America's students know and can do in various subject areas." Generally, the trending shows impr Read More
A searchable online database of earnings for 373,971 employees of New York State school districts outside New York City was posted today at www.SeeThroughNY.net, the transparency website sponsored by the Empire Center for Public Policy. Read More
New York is at the top of the debt list in the latest U.S. Census data on state and local government finances. As of 2009, New York’s state and local long-term indebtedness came to $15,202 per-capita, more than any state and 74 percent above the national average. Read More
Some leaders of the New York State United Teachers (NYSUT) union received double-digit raises -- despite a faltering economy, the Albany Times Union . But at least these union bosses aren't paid with taxpayer money... Oh, wait, union pr Read More
It’s no surprise that some New York’s local governments are choosing to override the state’s new property tax cap. The real news is that the vast majority — so far — apparently are managing to live within it. Read More
As public pension costs continue to rise, straining municipal budgets to the breaking point, New York City Comptroller John Liu has emerged as a stalwart defender of the status quo. Liu doesn’t deny that tax-funded pension costs are exploding; instead, he says the traditional defined-benefit system offers “a better bang for the buck.” Read More
New York City public advocate Bill de Blasio thinks they are, at least to some extent. The advocate's office announced yesterday that it was into the amount of time it takes NYC agencies to answer Freedom of Information Law (FOIL) requests. At th Read More