State Comptroller DiNapoli Releases Municipal Audits
New York State Comptroller Thomas P.
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NY State Comptroller DiNapoli: Social Media Firms Must Demonstrate They Can Protect Users
New York State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund (Fund), today called on Facebook, Twitter and Alphabet to publicly report what they are doing to enforce the terms of service by which all of their platform users must abide.
DiNapoli: New York State Fourth Nationwide in Credit Card Debt
New York state ranked fourth nationwide in credit card debt at $58.2 billion in 2017, according to a report released today by State Comptroller Thomas P. DiNapoli.
Although credit card debt declined significantly in the state from 2008 through 2013, the trend reversed in 2014 as per capita balances rose by more than 14 percent through 2017 to $3,710, nearly 20 percent above the national average.
DiNapoli: Queens Economy Takes Off
Queens has more residents than at any time in its history, a record number of jobs and businesses, and an all-time low unemployment rate, according to an economic report released today by New York State Comptroller Thomas P. DiNapoli.
“The Queens economy is booming, setting employment records in each of the past six years,” DiNapoli said. “Immigrants, who make up nearly half of the population, are an important part of the borough’s success. Under the leadership of Borough President Melinda Katz, the future looks bright.”
DiNapoli: State Pension Fund Value $206.9 Billion
New York State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund (Fund) earned an estimated 11.35 percent return on investments in the state fiscal year that ended on March 31, 2018. The Fund ended the year with an estimated value of $206.9 billion, which is subject to change once returns are fully audited. The Fund’s value at the end of state fiscal year 2017 was $192.4 billion.
State Comptroller DiNapoli Releases Municipal Audits
New York State Comptroller Thomas P.
NY State Comptroller DiNapoli Calls on Wynn Resorts to Disclose All Political Spending
New York State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund (Fund), is asking fellow investors in Wynn Resorts to vote their shares for the Fund's request that the company disclose its direct and indirect political spending. DiNapoli's shareholder request (Proposal 4 on the company's proxy statement) will be voted on at Wynn's annual meeting tomorrow.
New York State Comptroller DiNapoli and New York City Retirement Systems and Pension Funds Announce Appointment as Lead Plaintiffs in Wynn Resorts Shareholder Lawsuit
New York State Comptroller Thomas P. DiNapoli, as trustee of the New York State Common Retirement Fund (the Fund), today announced that he and the New York City Retirement Systems and Pension Funds have been appointed co-lead plaintiffs in a derivative lawsuit filed against certain officers and directors of Wynn Resorts. The order appointing DiNapoli and the NYC Funds as co-lead plaintiffs was issued May 10 by Nevada's Clark County District Court Judge Joe Hardy, Jr.
DiNapoli Announces Vicki Fuller's Retirement as CIO of NYS Common Retirement Fund
New York State Comptroller Thomas P. DiNapoli today announced that Vicki Fuller, chief investment officer of the New York State Common Retirement Fund (Fund), will retire this summer after a six-year tenure.
DiNapoli: Contamination of New York's Waterways From Combined Sewer Overflows Remains a Challenge
Last year, billions of gallons of untreated sewage and stormwater impacted more than 200 waterways in New York due to antiquated and overwhelmed sewer systems, according to a report released today by State Comptroller Thomas P. DiNapoli.