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Federal Reserve Chair Janet Yellen will join European Central Bank President Mario Draghi in Jackson Hole, Wyo., next week, setting the stage for a potentially revealing debate over the common challenges facing the world’s two most powerful central banks.

The nonpartisan watchdog calls for a labor-management committee to explore cost-cutting

Federal Reserve officials engaged in a detailed debate about inflation while keeping the door open for a September announcement on the timing of balance-sheet reductions, according to minutes from their policy meeting in July.

Federal Reserve Bank of New York President William Dudley said former Goldman Sachs executive Gary Cohn was a “reasonable candidate” for the job of Fed chief.

Federal Reserve Bank of New York President William Dudley said it isn’t unreasonable to expect the central bank to announce plans in September to start trimming its balance sheet and said he supports another interest-rate increase this year if the economy evolves as he expects.

The vote culminated a five-year effort designed to fund public improvements, notably to transit infrastructure.

Federal Reserve Bank of New York President William Dudley offered a positive outlook for the U.S. economy, job market and inflation on Thursday, saying better conditions would help support the most vulnerable Americans.

Federal Reserve Bank of St. Louis President James Bullard said Janet Yellen’s successor should consider holding press conference after every policy meeting, if she isn’t picked for a second term at the helm of the U.S. central bank.

The subway crisis could change the political landscape, New York's mayor says.

The New York mayor and his supporters must shepherd the bill through Albany.

Monetary policy is near appropriate levels, Federal Reserve Bank of St. Louis President James Bullard repeated Monday.

Lacking a new revenue source, the agency that runs New York City's subway may add to its $38 billion of debt.

The Manhattan Institute's study comes amid a New York transit crisis and related political bickering

Benjamin Barnes cited austerity measures and some revenue improvements.

The rating agency cited state budget volatility that affects local government aid.

The governor promised a "new era of economic growth" stemming from the investments.

The MTA's new capital plan will include nearly $2 billion for the project to add capacity on the LIRR Main Line.

The Federal Reserve’s balance sheet will be reduced substantially, but not to the $1 billion level from before the financial crisis, Federal Reserve Board Chair Janet Yellen said.

A collaborative effort is needed to keep Hartford out of bankruptcy, Connecticut Gov. Dannel Malloy said.

SEC chair Jay Clayton wants to ensure the fixed income market is efficient and transparent.