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Chairman Patrick Foye says that the outbreak has no material effect for now, and the authority promises to continue timely disclosure.

In budget talks, House Speaker José Oliva says lawmakers will discuss how to prepare for a recession that may result from the economic impacts of COVID-19.

Express lanes are the latest target for the anti-toll lawmakers tolls who last year tried to tie the hands of the Miami-Dade County Expressway Authority.

Federal Reserve Bank of St. Louis President James Bullard said markets are wrong to assume that the central bank will cut rates again at the policy meeting in two weeks.

Looming state budget cuts combined with the COVID-19 threat could have a negative impact on NYC's economy.

The Federal Open Market Committee cut the fed funds rate target 50 basis points to a range between 1% and 1.25%, it announced Tuesday.

The Federal Reserve is monitoring the COVID-19 issue and its economic effects, according to a release from the central bank, attributed to Chairman Jerome Powell, released Friday.

Federal Reserve Bank of St. Louis President James Bullard said the Fed is ready to act if the COVID-19 virus develops into a destabilizing force.

Former Federal Reserve Chair Janet Yellen said depending on how widely the coronavirus spreads, the economic impact could have a significant impact on Europe and veer the U.S. toward a recession

Slightly more than half of likely California voters support Proposition 13, according to a poll conducted by the Public Policy Institute of California.

Federal Reserve Governor Lael Brainard on Friday called for the adoption of new strategies by the central bank to achieve its 2% inflation goal and fight off future recessions.

Federal Reserve Board Chairman Jerome Powell stuck to his message in questioning before members of the House Financial Services Committee: the economy is doing well and the Fed will stay on the sidelines unless there is a “material change” to its forecast.

Fed chair calls the illness a downside risk that arose while others are receding.

The Federal Reserve’s point person on financial regulation said the central bank is considering changes to its bank-supervision framework to enhance money-market liquidity.

Some muni market members don’t see hope for an infrastructure bill passing in 2020, even though Trump called for it in his address.

Scott Wiener plans to introduce a bill later this week outlining a plan to take over the bankrupt investor-owned utility.

The Massachusetts senator took aim at certain views expressed by Judy Shelton, a Trump administration pick to sit on the Federal Reserve Board, that have sparked controversy.

A special commission issued a series of recommendations to simplify a system that provides the city one-third of its revenue. Albany, though, must sign off.

The city comptroller, assailing what he called a "gentrification industrial complex," proposed measures including eliminating a state tax subsidy program.

Monetary policy is accommodative and will remain so this year, but with the Fed's framework review concluding, some analysts believe it will shift from a 2% symmetric inflation target to an average inflation target.