Northeast

As two women compete for the city's top office, a ballot measure with big ramifications for its finances will also shape its future.

Making the Federal Reserve's Municipal Liquidity Facility a permanent emergency lending program would be “valuable and forward thinking," Connecticut Treasurer Shawn Wooden told a House subcommittee.

New leaders could create a joint blueprint while sidestepping another fiscal cliff, said Peter Goldmark, a major player when the city nearly went bankrupt.

The authority's officials have adjusted to the hit from COVID-19 through toll hikes, capital plan reductions and lines of credit.

Data released Tuesday reflected a murky picture on the strength of the economy, but the market’s eyes were fixed on the Federal Reserve’s policy meeting in Washington, D.C.

Rachael Fauss of watchdog organization Reinvent Albany has a wish list for New York's new governor, Kathy Hochul, that includes a culture shift in budgeting. "We don't want to see business conducted in the dead of night." Paul Burton hosts. (15 minutes).

The commowealth is flush with cash but still managing the effects of the COVID-19 pandemic.

Concerns range from frayed infrastructure to better communication in the face of the deadly flash flooding that caught the city by surprise in storm Ida.

He made his announcement at an under-construction elementary school to underscore a $250 million construction bond he championed.

While the city has a long history of coping with disasters including the Sept. 11 attacks, the COVID-19 pandemic is a work in progress.