Mayor Eric Adams has said the arrival of more than 59,000 asylum seekers has “destroyed” the city, but financial problems loomed before their arrival.
Tag: Budgets and Budgeting
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New York Will Toughen Contentious Bail Law to Give Judges More Discretion
State leaders agree to eliminate a provision that requires judges to prescribe the “least restrictive” means to ensure defendants return to court.
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Gov. Hochul Gets a Budget Deal, but No Signature Win
The budget deal contained a series of hard-fought wins for the governor, but left her without a grand policy achievement to trumpet.
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Gas Stoves To Be Banned in New NY Buildings
Gov. Kathy Hochul announced a state budget deal on Thursday with the first statewide ban on the use of natural gas in new buildings.
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Higher Food Prices Bring Bigger Profits, but Consumers Start to Resist
Some of the biggest packaged food companies raised their prices last quarter and their profits rose, but some customers were starting to cut back or trade down.