Big New York – BigNY.com

Governor Kathy Hochul chaired the New York State Financial Control Board’s 50th anniversary meeting, emphasizing New York City’s robust financial stability. She highlighted the city’s balanced budget, absence of operating deficits, and disciplined fiscal management, noting that none of the five statutory triggers for a control period have been met. Hochul praised collaborative efforts with…

In a lively interview on 77 WABC’s “Sid & Friends in the Morning,” New York City Mayor Eric Adams addressed his administration’s successes, including record-breaking housing construction, historic job growth, and significant crime reductions, with the subway system safer than ever. He highlighted managing the migrant crisis, with 90% of migrants no longer in city…

At the 2025 Financial Control Board meeting, Mayor Eric Adams praised New York City’s resilient recovery, emphasizing a strong economy, balanced budgets, and historic public safety gains. With record-low crime rates, including a 5.6% drop in major crimes in July 2025, and a rebounding population of 8.48 million, the city has created 410,000 jobs, surpassing…

On August 13, 2025, President Trump signed an executive order to strengthen the U.S. pharmaceutical supply chain by prioritizing domestic production of Active Pharmaceutical Ingredients (APIs) and filling the Strategic Active Pharmaceutical Ingredients Reserve (SAPIR). The order mandates the Department of Health and Human Services’ Assistant Secretary for Preparedness and Response (ASPR) to identify 26…

Broadening retail investor access to alternative investments like private equity through defined contribution plans offers significant benefits, including enhanced portfolio diversification, higher risk-adjusted returns, and increased retirement income, according to a White House Council of Economic Advisers report released on August 12, 2025. Younger investors could see up to a 2.5% increase in lifetime income,…

Governor Kathy Hochul has appointed Freida D. Foster as Chair and Renee Delgado as Vice Chair of the New York State Workers’ Compensation Board (WCB). Foster, a Board member since 2009 and former Vice Chair, brings 16 years of experience, having reviewed thousands of appeals and contributed to modernizing WCB systems, including implementing NYS Paid…