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.
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.
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 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.
New York State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund (Fund), today announced that he has written to fellow Express Scripts shareholders urging them to support his call for the pharmacy benefit management company to publicly detail its cyber risk and actions taken to ensure cyber security.
In March, the Office of the State Comptroller approved 1,458 contracts for state agencies and public authorities valued at $19.5 billion and approved more than 3.8 million payments worth nearly $23.5 billion. The office rejected 215 contracts and related transactions valued at $520.4 million and more than 5,800 payments valued at nearly $8.6 million. More information on these contracts and payments is available at www.openbooknewyork.com.
New York State Comptroller Thomas P. DiNapoli announced today the following audits and examinations have been issued:
The $168.3 billion State Fiscal Year (SFY) 2018-19 Enacted Budget increases funding for education, health care and other programs, but allows more borrowing and limits transparency of state spending, according to a report released today by State Comptroller Thomas P. DiNapoli.
The state Department of Labor (DOL) does not investigate overtime complaints by nurses in a consistent or timely basis, according to an audit released today by New York State Comptroller Thomas P. DiNapoli.
New York State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund (the Fund), today announced that he has written to fellow Wells Fargo shareholders urging them to support his call for the bank to provide a report detailing the company's efforts to determine whether its incentive pay practices have exposed it to financial loss. DiNapoli's shareholder proposal will be put to a vote of fellow investors at the bank's annual meeting on April 24.
