Wall Street Boom to Cut New York State Budget Deficit in Half
New York projected the budget deficit will narrow by $3.5 billion next year as the state expects a boom in trading and borrowing to deliver record profits to Wall Street...
By Martin Z. Braun · Bloomberg Markets
New York projected the budget deficit will narrow by $3.5 billion next year as the state expects a boom in trading and borrowing to deliver record profits to Wall Street and stronger bonus payments to boost revenue.