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The capital plan's unknowns include its effect on the New York Metropolitan Transportation Authority's debt levels and rating agency perceptions.

Interest rates should be less than 1.5%, not the current 1.75% to 2%, according to Federal Reserve Bank of Minneapolis President Neel Kashkari.

The community development district filed for Chapter 9 in the face of a longstanding unwritten policy of governors refusing to approve such filings.

The Florida House of Representatives wants another chance to argue that its law eliminating the Miami-Dade Expressway Authority is legal.

When it comes to economists, the Federal Reserve is having little success achieving greater diversity.

The U.S. economy is growing slower than it has in the past couple of years, and conditions may get worse in the next few quarters, according to Federal Reserve Bank of St. Louis President James Bullard.

Federal Reserve officials will probably seriously consider a new tool to contain short-term interest rates as they deliberate over when to start expanding the central bank’s balance sheet again, former New York Fed President William Dudley said.

States and cities have begun to factor climate risk into budgetary and other planning.

The Federal Reserve took center stage again Friday, with two presidents explaining why they dissented at the latest meeting and Vice Chair Richard Clarida terming it “healthy” debate.

More than 600 firms have adopted proxy access, a program launched under the comptroller’s Boardroom Accountability Project.

Observers said the opponents of further rate cuts on the Fed tend to be the non-voters.

Questions from transit observers and advocates followed the announcement by the Metropolitan Transportation Authority of its $51.5 billion capital program.

The Federal Open Market Committee meeting featuring the release of a new Summary of Economic Projections should give the market a better clue as to whether the expected rate cut is part of a mid-cycle adjustment or the second step in an easing cycle.

The Federal Reserve is likely to cut interest rates this week as its takes out some insurance to keep the U.S. economic expansion continuing in the face of geo-political uncertainty and a global slowdown.

The state will encounter budget gaps in the following two years, according to a new long-range revenue forecast.

President Donald Trump urged the Federal Reserve to lower interest rates to a level typically reserved for recessions or periods of persistently weak growth, suggesting that such a setting could allow the government to restructure Treasury debt at a lower cost.

Federal Reserve Chairman Jerome Powell said the most likely outlook for the U.S. and world economy is continued moderate growth, but the central bank was monitoring “significant risks.”

With the markets expecting rate cuts to continue, the Federal Reserve won't commit to further action before meeting later this month.

Mayor Bill de Blasio’s plan includes the construction of more than 5,000 curbside rain gardens in Brooklyn, the Bronx and Queens.

Even with a board vote just five weeks away, the proposed five-year capital program for New York’s Metropolitan Transportation Authority is a big unknown.