Person Root Tag

New York Fed President William Dudley reiterated the need to continue raising interest rates while conceding the inflation model may be need a rethink.

Mayor Luke Bronin told Gov. Dannel Malloy and lawmakers that Chapter 9 for Connecticut's capital is inevitable if the state cannot pass a budget.

The Senate Banking Committee voted Thursday to advance the nominations of Randal Quarles to serve as the Federal Reserve’s vice chairman for supervision and Joseph Otting to be Comptroller of the Currency, taking key steps toward President Donald Trump’s goal of reshaping regulation of Wall Street.

The Democratic mayoral candidates debated the city's resilience level as more hurricane activity looms.

Lloyd Blankfein, who was Gary Cohn’s boss for more than a decade at Goldman Sachs Group Inc., endorsed his former deputy’s qualifications to run the Federal Reserve.

Kevin Lembo says rating agencies are poised to hammer the state and its cities again.

The Federal Open Market Committee must be confident inflation will rise to the 2% target before raising interest rates again, Gov. Lael Brainard said Tuesday.

Federal Reserve Bank of New York President William Dudley was investigated and cleared by an outside law firm for failing to disclose his half-sister’s position as an executive at Wells Fargo & Co., according to an annual disclosure filing.

Municipalities object to a report by Gov. Dannel Malloy's budget office that defends the level of state aid.

Challenger Nicole Malliotakis called the post-Sandy program “one of the monumental failures” of Bill de Blasio's administration

Joseph Lhota repeated his call for New York City to contribute to the triage plan.

Adequate funding for transit is a heightened focus, says Nick Sifuentes, the new chief of the Tri-State Transportation Campaign.

The plan would toll East River bridges and charge motorists within certain parts of Manhattan, with an eye on funding transit.

Watching for the “risks of excessive optimism, leverage, and maturity transformation” can limit future financial crises, Federal Reserve Chair Janet Yellen said Friday.

The mayor touted his millionaire's tax while his Democratic challenger backs congestion pricing.

The need to close a widening deficit and backstop Hartford could pressure other cities and school districts.

The state already has budget deficit two months into the fiscal year.

White House economic adviser Gary Cohn is emerging as the clear front-runner for the nomination to succeed Federal Reserve Chair Janet Yellen, according to a National Association for Business Economics survey.

Some see the collapse of President Trump’s infrastructure council as good for municipal bonds.

The governor's adjustment protects the state's neediest districts but hits others hard.