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Moody's boost at Aa1 means lower borrowing costs, additional savings and a more diverse market for the city's bonds, according to Melanie Hartzog.

A new Big Apple Transit agency would issue new debt for transit under City Council Speaker Corey Johnson's plan.

Slower economic growth shouldn’t be a concern since it’s the “new normal,” according to Federal Reserve Bank of New York President John Williams, who said Wednesday this allows the Fed to be patient and data dependent on rate changes.

Corey Johnson has called for wresting control of five-borough transit operations from the state-run Metropolitan Transportation Authority.

Sen. Chuck Schumer, D-N.Y., is making an end run around the Trump administration and proposing a legislative solution to jump-start the Gateway project.

The upgrade Friday came as city Comptroller Scott Stinger warned about the use of numerous one-time actions to balance the budget.

The practice of protecting computer systems, networks and programs from digital attacks can expose management, budgeting and liquidity weaknesses.

Federal Reserve Board Chair Jerome Powell again professed patience on monetary policy Thursday night.

Federal Reserve Chair Jerome Powell told lawmakers that he’ll soon announce a plan to stop shrinking the $4 trillion balance sheet that the Fed built up as it battled to shield the economy from the 2008 financial crisis.

While President Donald Trump has taken victory laps for slashing regulations on banks and other companies, Federal Reserve Chairman Jerome Powell says it’s hard to prove the effort has boosted economic growth.

Federal Reserve Chairman Jerome Powell, asked if there’s a “Powell Put” in financial markets, said the U.S. central bank will pay attention to financial-market volatility if it threatens economic stability.

New York Gov. Andrew Cuomo and Mayor Bill de Blasio packaged their support of the Manhattan toll plan with a blueprint to overhaul the embattled transit authority.

Federal Reserve Chair Jerome Powell said the U.S. labor market still has room to pull in workers.

Jerome Powell confronted skepticism from Republican Sen. Patrick Toomey on Tuesday when the Federal Reserve chairman explained why the central bank is undertaking a yearlong review of its approach to achieving its 2% inflation goal.

Federal Reserve Chairman Jerome Powell said a healthy U.S. economy has faced some “crosscurrents and conflicting signals” that officials in January decided warranted taking a patient approach to future interest-rate changes.

As Albany enters the budget homestretch, debate over congestion pricing and other measures to bolster mass transit in the New York City region is intensifying.

The Federal Reserve reiterated a patient stance on future interest-rate changes in a robust domestic economy facing potential headwinds including slower global growth and market volatility.

Federal Reserve Bank of New York President John Williams voiced concerns that inflation expectations may have slipped downward after years in which price rises have failed to reach the central bank’s 2% target.

Former Federal Reserve Chair Janet Yellen signaled it may be harder than U.S. trade negotiators think to prevent China from manipulating its currency.

Critics of incentives used to lure Amazon to New York City prevailed as the company canceled plans for a project that would have impacted housing and transit.