Wed, December 4, 2024
[ Wed, Dec 04th 2024 ]: Bill Williamson
Curious deals of billionaire Richard White and his wife Zena Nasser
[ Wed, Dec 04th 2024 ]: Bill Williamson
Lloyds Boss Warns Car Finance Saga Making UK Banks Less Investable
[ Wed, Dec 04th 2024 ]: Bill Williamson
For developing economies, the finance landscape has become a wasteland
[ Wed, Dec 04th 2024 ]: Bill Williamson
EPFO 3.0: ATM Access To PF And Removal Of 12% Contribution Cap On The Cards: Report
[ Wed, Dec 04th 2024 ]: Bill Williamson
Oman: National Finance backs Sheida's solar panel project
[ Wed, Dec 04th 2024 ]: Bill Williamson
AI-driven, deepfake-enabled cyberattacks to increase in 2025: Report
[ Wed, Dec 04th 2024 ]: Bill Williamson
Fortune Best Cities in Europe For Business 2024
[ Wed, Dec 04th 2024 ]: Bill Williamson
First Internet Bank Money Market Account Review 2024
[ Wed, Dec 04th 2024 ]: Bill Williamson
Bookkeeping Tips For 2025
[ Wed, Dec 04th 2024 ]: Bill Williamson
UK and Qatar pledge to grow investment ties
[ Wed, Dec 04th 2024 ]: Bill Williamson
Russian finance ministry to increase deferred daily FX purchases
[ Wed, Dec 04th 2024 ]: Bill Williamson
Indosuez appoints new CEO for Asia
[ Wed, Dec 04th 2024 ]: Bill Williamson
Ecuador sets second debt-for-nature swap in motion
[ Wed, Dec 04th 2024 ]: Bill Williamson
Bank Leumi speaks your language: Stop translating - start banking!
[ Wed, Dec 04th 2024 ]: Bill Williamson
Britain and Qatar to sign MoU boosting fintech and green finance ties
[ Wed, Dec 04th 2024 ]: Bill Williamson
Norway should begin process of divesting Russian assets, central bank says
[ Wed, Dec 04th 2024 ]: Bill Williamson
Finance executive, Elijah Oyeyinka advocates for .. c reforms to strengthen Nigeria's capital markets
[ Wed, Dec 04th 2024 ]: Bill Williamson
Aditya Birla Capital invests Rs 300 crore in housing finance arm
[ Wed, Dec 04th 2024 ]: Bill Williamson
Saving less than $197 a month forces me to leave HCMC and return to my hometown
[ Wed, Dec 04th 2024 ]: Bill Williamson
Britain, Qatar to sign agreement on financial services
[ Wed, Dec 04th 2024 ]: Bill Williamson
Tax laws amendment bill: list of key changes MPs have proposed after public participation
[ Wed, Dec 04th 2024 ]: Bill Williamson
Box Reports Fiscal Third Quarter 2025 Financial Results
[ Wed, Dec 04th 2024 ]: Bill Williamson
Parliament session LIVE news updates: Lok Sabha, Rajya Sabha set to reconvene at 11 am
[ Wed, Dec 04th 2024 ]: Bill Williamson
What is the maximum and minimum tenure for personal loans?
Tue, December 3, 2024
[ Tue, Dec 03rd 2024 ]: Bill Williamson
Ohio House committee votes to force landlords to verify immigration status for subsidized units
[ Tue, Dec 03rd 2024 ]: Bill Williamson
US job openings rise; layoffs post largest drop in 1-1/2 years
[ Tue, Dec 03rd 2024 ]: Bill Williamson
New rule could stop sale of your personal information
[ Tue, Dec 03rd 2024 ]: Bill Williamson
Govt official slams COP29 as missed opportunity for climate finance goals
[ Tue, Dec 03rd 2024 ]: Bill Williamson
Lok Sabha passes The Banking Laws (Amendment) Bill 2024
[ Tue, Dec 03rd 2024 ]: Bill Williamson
What Did Enron Do? Learn Why the Company Went Bankrupt
[ Tue, Dec 03rd 2024 ]: Bill Williamson
35% GST slab in the works? A look at GST bands and how they are decided
[ Tue, Dec 03rd 2024 ]: Bill Williamson
Italy seeks arrest of Austrian tycoon Benko in corruption probe
[ Tue, Dec 03rd 2024 ]: Bill Williamson
How UK Export Finance is supporting ethnic minori .. -led businesses to achieve their global ambitions
[ Tue, Dec 03rd 2024 ]: Bill Williamson
10 Carl Icahn Quotes Every 20-Year-Old Needs to Hear
[ Tue, Dec 03rd 2024 ]: Bill Williamson
Holiday Office Party Taxes: Know Before You Go
[ Tue, Dec 03rd 2024 ]: Bill Williamson
Small business owners brace for Trump's proposed tariffs
[ Tue, Dec 03rd 2024 ]: Bill Williamson
Mar Vista Focus Strategy's Q3 2024 Investor Letter
[ Tue, Dec 03rd 2024 ]: Bill Williamson
Tax Laws Amendments: List of Key Changes MPs have Proposed after Public Participation
[ Tue, Dec 03rd 2024 ]: Bill Williamson
Why these 2 billionaire-led crypto plays stand out as buys: Analyst
[ Tue, Dec 03rd 2024 ]: Bill Williamson
Will Elon Musk Ever Collect His Full Tesla Pay Package?
[ Tue, Dec 03rd 2024 ]: Bill Williamson
Mondel?z International Names Volker Kuhn Executive Vice President for Europe
[ Tue, Dec 03rd 2024 ]: Bill Williamson
Boubyan Bank completes MX.3 implementation for sharia-compliant treasury activity
[ Tue, Dec 03rd 2024 ]: Bill Williamson
Dentsply Sirona Appoints Herman V. Cueto Interim Chief Financial Officer
[ Tue, Dec 03rd 2024 ]: Bill Williamson
Montage Health appoints Michael McDermott as new president and CEO
[ Tue, Dec 03rd 2024 ]: Bill Williamson
Comment: Our future depends on biodiversity, we must invest in it urgently
[ Tue, Dec 03rd 2024 ]: Bill Williamson
Canada's Scotiabank misses profit estimates on higher taxes, expenses
[ Tue, Dec 03rd 2024 ]: Bill Williamson
Trade finance fintech Modifi to invest more in Indian operations
[ Tue, Dec 03rd 2024 ]: Bill Williamson
Karnataka HC quashes electoral bonds case against .. Nirmala Sitharaman, former state BJP chief Kateel

With late audit now in, Moody's says Paterson will keep its higher credit rating

Moody's Investors Service has affirmed Paterson, New Jersey's credit rating at Ba1 with a stable outlook, despite the city facing significant financial challenges. The rating reflects Paterson's improved financial management and governance under the leadership of Mayor Andre Sayegh, who has implemented measures to enhance the city's fiscal stability. However, the city still contends with structural budget imbalances, high fixed costs, and a heavy reliance on state aid. Moody's noted that while Paterson has made strides in managing its finances, the city's economic base remains weak, and it continues to grapple with issues like poverty, unemployment, and a large number of tax-exempt properties. The stable outlook suggests that Moody's expects Paterson to maintain its current financial position without significant deterioration, provided it continues its efforts in financial oversight and economic development.

Read the Full NorthJersey.com Article at:
[ https://www.northjersey.com/story/news/paterson-press/2024/12/03/moodys-paterson-nj-keeps-higher-credit-rating/76711043007/ ]