Person Root Tag

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.

Elad Roisman's main expertise is in equities, corporate debt, mergers, market structure and derivatives.

Spending restrictions attached to a $500 million GO sale have triggered discussion over their effects on the state’s wobbly ratings.

With gradual tightening continuing, monetary policy will become slightly restrictive as the neutral rate remains low, Federal Reserve Board Gov. Lael Brainard said Thursday.

The Securities and Exchange Committee said its Investor Advisory Committee might made a recommendation related to enhanced municipal and corporate bond disclosure.

The Fed should slow its pace of policy normalization to help re-align price expectations around 2% and maintain the credibility of its inflation target, Federal Reserve Bank of St. Louis President James Bullard said.

Council members questioned whether the "historic" levels of reserves in the mayor's $89.1 billion executive budget are really enough.

Federal Reserve Chairman Jerome Powell said central banks shouldn’t take their independence for granted at a time when trust in public institutions is at “historic lows,” requiring extra effort to explain both their monetary and regulatory policies.