While praising Governor's lofty rhetoric, Bronx and City officials did not notice that Cuomo's proposed Executive Budget slams New York City with as much as $ 800 million more in expenses while reneging on previous pledges to support CUNY and spare local governments from increases in Medicaid. (thebronxchronicle.com)
The FOMC's latest policy statement offers little change from the committee's previous pledge not to rush into the first interest rate hike in nine years. (fortune.com)
Though the specific details offered were mostly incremental and repeated previous pledges, China for the first time said it would implement a number of the measures by the end of this year, with some steps promised to be put in place as early as June. (cnbc.com)