New York’s Metropolitan Transportation Authority will be forced to cut its capital budget after Governor Kathy Hochul paused the implementation of a congestion pricing program that would have brought in $1 billion a year for projects.
Argentine Bonds, Peso Tumble as Wall Street Gets a Reality CheckStubHub Ebitda Is Said to Be $350 Million Ahead of Planned IPOBill Gross Says European Bonds Are Becoming More AttractiveEmerging Currencies Drop as EU Elections Add to Political RisksElliott Disrupts CEOs’ Summer Plans With $400 Billion in New TargetsBond Traders Will Follow the New Fed Dots All the Way Into 2025Zero-Coupon Bond Pile Balloons to Near Half-a-Trillion DollarsHigher Coupon Payments Keeping Demand for Credit High,...
What you should knowFirst 2024 Canada carbon rebates will be deposited today for some CanadiansThe big benefits of adopting a debt-free lifestyleMost young adults think retiring by 65 is outdated: surveyMany Canadians still feeling squeezed even as debt worries ease: insolvency firmWeWork’s Former NYC Headquarters Taken Over by Coworking RivalHomeownership Costs in the US Jumped 26% Since Pandemic BeganKenyan Bourse Seeks to End Listing Drought as Sentiment ImprovesIreland’s Opposition Sinn...
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NY’s MTA Looks to Modernize Fare Gates to Get More Riders to PayNew York City transit officials are looking to modernize fare gates as part of a long-term plan to deter riders from skipping the fee, a problem that’s expected to cost nearly $800 million this year on subways and buses.
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NY’s MTA Mulls Replacing Build America Bonds With Lower-Cost Debt(Bloomberg) -- New York’s Metropolitan Transportation Authority is considering refunding at least a portion of its $3.73 billion of taxable Build America...
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NY’s MTA Mulls Replacing Build America Bonds With Lower-Cost DebtNew York’s Metropolitan Transportation Authority is considering refunding at least a portion of its $3.73 billion of taxable Build America Bonds into tax-exempt debt, even as some investors push back against such transactions.
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NY’s MTA Seeks Behavioral Expert to Combat Record Fare EvasionNew York’s Metropolitan Transportation Authority is now looking beyond physical barriers and police presence to reduce fare evasion, which may cost the transit provider as much as $800 million this year.
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NY Lawmakers Scramble to Find Funding Source for MTA Hole(Bloomberg) -- New York lawmakers are scrambling to come up with a funding source to help plug a $1 billion-a-year hole created by Governor Kathy Hochul’s...
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Nigeria’s Glut of Unsold Oil Starts to Shrink as Prices WeakenNigeria’s crude oil for loading this month is finally showing signs of starting to clear out after a weak pull from Europe forced some sellers to lower prices.
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