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Goldman Sachs - 1 Patrick McDonough - 1 Europe's - 1 PGIM's McDonough - 1 McDonough - 1 Charlie Ashley - 1 Dhaval Joshi - 1 Joshi - 1
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Search resuls for: "Citizens Budget Commission"


4 mentions found


☆ Is New York Better Off Than It Was 7 Years Ago? New Yorkers Say No.
  + stars: | 2024-03-19 | by ( Dana Rubinstein | ) www.nytimes.com   time to read: +1 min
In the South Fordham section of the Bronx, residents give their neighborhood a Bronx cheer. In Park Slope in Brooklyn — known and parodied for its self-consciously liberal politics and wealth — residents are much happier. But if there’s one thing that New Yorkers can agree upon, it’s that the quality of life in New York City has suffered. Less than a third rate the city’s quality of life as excellent or good. Less than a quarter are content with the overall quality of government services.
Organizations: New Locations: Fordham, Bronx, Slope, Brooklyn, New York City
☆ Wall Street will try to maintain AI-fueled momentum in the final week of February, as inflation concerns linger
  + stars: | 2024-02-23 | by ( Sarah Min | ) www.cnbc.com   time to read: +8 min
In the final week of February, Wall Street will strive to maintain its AI-fueled rally even as economic concerns linger and the Federal Reserve's favorite inflation measure is on deck. But many worry the writing is on the wall for these market leaders as economic and inflation risks linger. The 'lone cloud' of inflation The Fed's preferred inflation gauge will also be released in the week ahead. Investors are concerned that sticky inflation will mean that the Fed will hold onto its higher-for-longer interest rate policy. Next week will also be the final week of February, with stocks headed for another strong month of gains.
Persons: Goldman Sachs, Patrick McDonough, Europe's, PGIM's McDonough, McDonough, Charlie Ashley, Dhaval Joshi, Joshi, Ashley, John Williams, TJX Cos Organizations: Dow Jones Industrial, Nasdaq, Nvidia, Japan's Nikkei, Catalyst Funds, BCA Research, CPI, PPI, Dow, New, Dallas Fed, Fidelity National Information Services, Richmond Fed, eBay, Enterprise, Cruise Line Holdings, New York Federal Reserve Bank, York, Monster Beverage, Paramount Global, PCE Deflator, Chicago PMI, . Kansas City Fed Manufacturing, Hewlett Packard Enterprise, Autodesk, Body, Hormel, PMI, Manufacturing Locations: U.S, Lowe's, Chicago, . Kansas, Michigan
☆ Opinion | New York’s Era of Overspending Ends With a Shudder
  + stars: | 2023-11-24 | by ( Mara Gay | ) www.nytimes.com   time to read: +2 min
After years of heady spending, the budget cuts announced by Mayor Eric Adams last week hit New York City like a punch to the gut: Most libraries would be closed on Sundays. So would efforts to improve New York’s notoriously dirty streets and keep rats at bay. The brutal cuts come as Mr. Adams scrambles to fill a $7 billion budget deficit in the next year. The Citizens Budget Commission, a nonpartisan watchdog group, estimates that the budget gap could be significantly higher, closer to $10.6 billion. At the same time, thousands of migrants began arriving at the city’s doorstep in need of shelter.
Persons: Eric Adams, Adams, Bill de Blasio, Michael Bloomberg, Bloomberg, de Blasio Organizations: Budget Commission, Wall Locations: York City, city’s, City, Federal
☆ Opinion | New York City Needs Big Ideas and Leaders Willing to Try Them
  + stars: | 2023-08-05 | by ( The Editorial Board | ) www.nytimes.com   time to read: +1 min
People like to write off New York City, and time and again, this city proves them wrong. It’s never been magic, however — the resurrection of the greatest city in the world has always required grit and ingenuity, backed by its political, business and civic leadership exerting a will to match the moment’s greatest problems. The labor market is strong, and by this spring, New York’s economy had recovered more than 99 percent of the jobs it lost during the pandemic. Tourism is booming, and the city expects to receive more than 63 million visitors this year. Much of that flight appears to be among the city’s wealthiest residents, further weakening its coffers.
Persons: It’s, — aren't Organizations: Times, Citizens Budget Commission, Midtown, Broadway Locations: New York City, Tourism, Midtown Manhattan
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