Person Root Tag

The New York City Comptroller is encouraging greater diversity among investment managers hired by the city’s pension funds.

John F. Kennedy International Airport gets its day in the redevelopment sun with the announcement of a $13 billion plan.

The undertaking, for which the city has already allocated $760 million, seeks to establish flood protection 2.4 miles from Montgomery Street north to East 25th Street.

The Federal Reserve will continue to raise interest rates at a gradual pace in order to extend the economic recovery while keeping inflation in check, Chairman Jerome Powell said.

The New York City Economic Development Corp. made a $30 million seed investment in Cyber NYC.

Stringer called for a chief diversity officer in every city agency, stronger building code enforcement, and procurement time frames.

Federal Reserve Chairman Jerome Powell played down the signal being sent by a flatter yield curve and said the risk of recession was not especially high.

Federal Reserve Board Chairman Jerome Powell said the removal of “accommodative” from the post-Federal Open Market Committee meeting statement doesn’t “represent a change in policy.”

Transportation research nonprofit TRIP said more than 7% of the state's bridges -- more than 300 -- are structurally deficient.

A three decade veteran of the municipal market, Marjorie Henning was most recently a director in the municipal securities division at Citigroup.

Amid hurricanes and other natural disasters and with federal funding a wild card, municipalities and states adjust.

Jerome Powell has already put his own stamp on Federal Reserve communications. If he wants to shake things up a little more, he’s got a number of options.

Legacy costs are crowding out programmatic spending, according to a report by the Citizens Budget Commission's Ana Champeny and Maria Doulis.

The flattening of the U.S. Treasury yield curve can be a misleading signal of recession, New York City’s Bureau of Asset Management said.

Falling crime rates and rising graduation rates were highlighted in the New York City Mayor’s management report for fiscal 2018.

Mayor Bill de Blasio and Comptroller Scott Stringer want to double energy efficiency investment to $4 billion over three years.

Former Federal Reserve Chair Janet Yellen says the central bank should consider deliberately courting an economic boom to make up for a bust by promising to keep interest rates “lower-for-longer” after they are cut to zero.

Gradual Federal Reserve rate hikes remain appropriate, and while this may invert the yield curve, Fed Gov. Lael Brainard said she believes there are reasons to “temper somewhat” implications of a negative curve.

The Federal Reserve shouldn’t hesitate to invert the yield curve if necessary to achieve the U.S. central bank’s targets.

The New York mayor launched an initiative to update and expand the city’s long-term strategy plan.