Person Root Tag

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.

Attendees at the NYC Comptroller’s MWBE University program were introduced to the Build NYC Resource Corp.'s bond program.

Officials say the cost estimate for what New York City Transit president Andy Byford called "a full overhaul" is a work in progress.

Cities coping with phenomena like climate change and cybersecurity are empowering themselves through data mining and other smart technologies.

State authorization for design-build use on a Brooklyn-Queens Expressway work is a door-opener, New York City transportation Commissioner Polly Trottenberg said.

Bullard says the Fed should be sending signals that the policy rate is near or at neutral.

The plan could hinder city operations and provide Washington further motivation to cut funding, Vito Mustaciuolo told City Council members.