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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.

The yield curve could invert later this year, but unless it's prolonged, it may not signal a recession.

The unrestricted cash balance was nearly unchanged from the end of fiscal 2017.

The yield curve and other market signals give better clues about the economy in the current environment.

The New York mayor says he will seek federal funding for the $2.7 billion project.

The Senate approved Richard Clarida as vice chairman of the Federal Reserve on Tuesday, while two other central bank nominees still await a vote.

At the moment, gradual rate hikes remain appropriate, given no signs that inflation will accelerate beyond 2%, despite broad risk factors.

Federal Reserve Bank of St. Louis President James Bullard said the Fed should heed the signals from the bond market.

President Donald Trump said he expected Jerome Powell to be a cheap-money Fed chairman.

As director of the Fed's Division of Research and Statistics, David Wilcox is responsible for briefing the Federal Open Market Committee on the outlook for the national economy.

With the state's stagnant economy as a backdrop, Democrat Ned Lamont will face Republican Bob Stefanowski.

The state expects to come to market with an $889.1 million general obligation sale in three tranches.

New York City’s economy grew 2.7% in the second quarter, as its unemployment fell to a historic low.

“Strategic investments” account for the 20% increase in spending since New York Mayor Bill de Blasio took office, his budget director said Thursday.

The legislation, which aims to curb the effects of app-based for-hire vehicles on city streets, may lead to a congestion pricing framework.