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The compromise does not include a full federal takeover of the New York City Housing Authority, which the federal agency had threatened.

Issuers say a variety of factors make it difficult to get audits in any faster.

Monetary policy is “appropriate” and in the range of the estimates of neutral, Federal Reserve Board Chair Jerome Powell said Wednesday.

The Federal Reserve said it will be “patient” on any future interest-rate moves and signaled flexibility on the path for reducing its balance sheet.

The Jan. 29-30 Federal Open Market Committee may provide information that could strengthen the bond market, if it offers further signals of an expected pause in rate hikes and a softening of its stance on balance sheet normalization, observers say.

New York Mayor Bill de Blasio's initiative aims to improve practices at the Department of Design and Construction, the city's leading construction management agency.

As the board delayed a vote on fare and toll increases, transit funding, performance metrics and the L-train tunnel project chaos permeated discussion.

The Municipal Securities Rulemaking Board will begin preliminary conversations about SEC Chair Jay Clayton's disclosure comments.

Leaders of the biggest U.S. banks don’t see 2018’s wild ending as reason enough for the Federal Reserve to reverse course.

Gov. Andrew Cuomo brokered a memorandum of understanding that ended a stalemate between Amtrak and the MTA to clear the way for new Metro-North service.

Public housing and a raft of social service programs are at serious risk with a continued federal government shutdown, New York Mayor Bill de Blasio said.

With growth slowing and uncertainty in the economy, Federal Reserve Bank of New York President John Williams said Friday, data will steer his view of future Fed activity.

Federal Reserve Governor Randal Quarles expressed optimism about the state of the U.S. economy, calling strong hiring and low inflation a “good environment” even as investors focus on mounting threats to growth.

The governor's tunnel plan tweak and call for even firmer control of the MTA reignited conflict among the state, New York City and the transit authority.

Cuomo laid out a $175.2 billion fiscal 2020 spending plan for New York State, proposing sports betting and an extension of the millionaire's tax.

On paper, it still looks like a dynamite macroeconomic environment in the U.S. But outside the numbers, some cracks are starting to emerge, said former Federal Reserve Chair Janet Yellen.

Federal Reserve Chairman Jerome Powell voiced concern that the central bank’s bond purchases were distorting financial markets and pushed for an early start to reducing them back when he was a governor in 2013.

Federal Reserve Chairman Jerome Powell and New York Fed President John Williams were among policy makers who in 2013 urged against referring to a government shutdown in the central bank’s post-meeting statement.

The governor said his proposed fiscal 2020 budget represents a 4% increase over this current budget, of which 80% is one-time costs.

Ron DeSantis' first executive order reverses some policies of predecessor Rick Scott on environmental and water issues.