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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.

Not content with a previous warning investors should brace for U.S. yields of 4%, Jamie Dimon went one further this weekend, suggesting 5% was a distinct possibility.

The State Bond Commission approved a $10 million study on reviving tolls against a backdrop of revenue strain and regional dynamics.

City officials say the round of assignments for bond counsel and special disclosure counsel includes larger and smaller, minority-owned law firms.

Treasury Secretary Steven Mnuchin suggested on Sunday it was fine for the Federal Reserve to be raising interest rates.

New revenue sources for operating and capital budgets are necessary for the transit authority to cover a widening outyear gap, CFO Robert Foran said.

The New York State Financial Control Board went into "sunset mode" for a 32nd straight year.