Yeshiva University

Report Finds Losses Of $1 Billion At Yeshiva University

Yeshiva University is reportedly $1 billion in the red, with $500 million in debts and another $500 million in losses with risky investments.


Moody's (file / credit: JOEL SAGET/AFP/Getty Images)

Moody’s Downgrades Rockland County Credit Rating

Rockland County, already in a struggle with its finances, has just been hit again, WCBS 880 Sean Adams reported.


Suffolk County Seal

Moody’s Downgrades Suffolk County’s Bond Rating

Moody’s Investors Service has reduced the county’s bond rating from Aa2 (double-A 2) to A1. The rating is still considered above average.


Connecticut State Capitol - Hartford, CT - File / Photo: Connecticut General Assembly and the League of Women Voters of Connecticut Education Fund, Inc.

Legislative Office: CT Budget Deficit Nears $150 Million

Republican St. Sen. Andrew Roraback, a member of the legislative finance committee, believes this latest projection is tied to the recent Moody’s downgrade of Connecticut’s obligation bonds.


Connecticut State Capitol - Hartford, CT - File / Photo: Connecticut General Assembly and the League of Women Voters of Connecticut Education Fund, Inc.

Moody’s Downgrades Connecticut’s Debt

Moody’s Investor Service on Friday downgraded Connecticut’s debt rating, blaming the state’s high borrowing and retirement costs, and the slim prospects for replenishing the state’s rainy day fund in the near-term.


Long Beach, NY (file / credit: Bruce Bennett/Getty Images)

Long Beach Declaring Fiscal Emergency

Especially in the summer, Long Beach is a gorgeous place to live and visit, with many people spending long hours in the water and on the boardwalk. But there is an ugly problem.


NJ Gov. Chris Christie (credit: Jessica Kourkounis/Getty Images)

Fitch Downgrades NJ Bonds; Gov. Christie Says Downgrade In Line With Moody, S&P Rating Cuts

Fitch Ratings has downgraded New Jersey’s general obligation bonds to AA- from AA.


Wall Street (credit: Andrew Burton/Getty Images)

Markets Drop After Debt Ceiling Agreement

On Wall Street, all three major indices dropped more than 2 percent Tuesday following news that consumers cut their spending in June.


The seal of Rockland County

Credit Rating Agency Gives Rockland County Negative Outlook

According to credit rating agency Moody’s, school districts and municipalities in New York are already strained.


Owner Fred Wilpon (L) and his son, Jeff Wilpon, of the Mets (credit: Marc Serota/Getty Images)

Report: Mets ‘Desperately’ Seeking Second Loan

There may be more trouble in Flushing. According to the New York Post, the Mets are “desperately” seeking a second loan to offset operating expenses.


Citi Field, home of the Mets. (Photo by Ezra Shaw/Getty Images)

Moody’s Slashes Outlook On Citi Field Bonds

Moody’s Investors Service says it has lowered its outlook on the company that operates Citi Field, citing the potential for pending litigation against the owners of the Mets.


Generic Casino File Photo (credit: CBS 2)

Moody’s Doubts AC Casino Reforms Will Work

Moody’s Investors Service said in a report that the proposed changes could send money “in one pocket, out the other.”