Person Root Tag

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.