Person Root Tag

Monetary policy is still accommodative and gradual increases in the fed funds rate target will proceed, according to the Federal Reserve’s monetary policy report to Congress, released Friday.

Federal Reserve Chairman Jerome Powell gave an upbeat assessment of the U.S. economy.

Businesses are starting to step up their efforts to partner with community groups and provide training programs for employees as job openings become harder to fill, Federal Reserve Bank of New York President John Williams said.

Bradley Wendt, a former investment banker with extensive experience in municipal bonds, interest rate swaps, and other fixed income products, joins Treasury's Office of Domestic Finance.

The public-housing authority's latest capital-needs assessment cited a $32 billion repair backlog.

New York City's tentative agreement with its largest civilian workforce triggers debate over workforce expansion, savings definition, and productivity tradeoffs.

Federal Reserve Bank of St. Louis President James Bullard said worries over escalating trade disputes are weighing increasingly on businesses across his district.

The planned closure of the L subway line for 15 months shines a glare on New York City and transit agency officials.

New York City is making the move through HUD's Rental Assistance Demonstration program.

Age, record usage and deferred maintenance have caused serious infrastructure problems at city parks, according to Center for an Urban Future.

Despite “significant uncertainty” in monetary policymaking, the Federal Open Market Committee continues to back gradual increases in the federal funds rate, Fed Chair Jerome Powell said Wednesday.

The New York governor announced a $150 billion infrastructure plan for the next five years.

The consent decree that New York City has signed with federal prosecutors over problems at the Housing Authority will not have a negative impact on the $89.15 billion Fiscal 2019 budget.

Federal Reserve Board Chairman Jerome Powell said he will hold a press conference after every Federal Open Market Committee meeting, beginning in January.

Mayor Bill de Blasio and the City Council face a raft of uncertainties about their third straight early budget.

The handshake deal boosts reserves, funds a "fair fares" discount for low-income subway riders for one year and provides Fair Student Funding for city schools.

Funding questions and palace intrigue accompany Andy Byford's plan to modernize New York City's buses and subways.

Senate and House Appropriations Committees appropriate more funds for certain transportation and housing programs after the president sought cuts to or elimination of the programs.

The Government Finance Officers Association honored New York City Comptroller Scott Stringer for excellence in financial reporting.

The plan would raise power costs, but analysts say municipal utilities and energy cooperatives can absorb the increases or pass them on to customers.