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Outgoing Federal Reserve Chair Janet Yellen said U.S. stocks and commercial real estate prices are elevated but stopped short of saying those markets are in a bubble.

The Federal Reserve is not behind the curve and will not overreact to economic growth, Federal Reserve Bank of San Francisco President John Williams said Friday.

Gov. Andrew Cuomo's plan has drawn strong positive and negative reactions.

Federal Reserve Chair Janet L. Yellen will join the Brookings Institution as a Distinguished Fellow in Residence with the Economic Studies program, effective Feb. 5.

Acknowledging budget clouds in Washington and Albany, Mayor Bill de Blasio said his spending plan aims to make New York 'the fairest big city in America.'

During his State of the Union address, President Trump also embraced the recent call by the U.S. Chamber of Commerce -- without mentioning them –- to reduce the permitting approval process to two years or less for infrastructure projects.

Known as “MWBE University,” Comptroller Scott Stringer's series of workshops is designed for such businesses to obtain certification and navigate the procurement process.

The American Trucking Association touts its Build America Fund as a much better solution to financing infrastructure than tolls or public-private partnerships.

The chief executive officer of Morgan Stanley said he’s more worried that the stock market has reached record highs in recent months.

Federal Reserve Governor Jerome Powell was confirmed with broad bipartisan support in the Senate to take the helm of the U.S. central bank when Chair Janet Yellen’s term ends Feb. 3.

City officials intend to fight language that they say would put the city on the hook for emergency repairs by the state-run MTA.

Key variables include how Gov. Andrew Cuomo and the MTA would use the roughly $1 billion projected for mass transit, New York City's role and how Albany would tweak the measure.

A wave of U.S. catastrophes has northeast municipal issuers scrutinizing resiliency options and how to fund them.

The Senate Banking Committee had approved Powell already in December, but a revote was necessary after the Senate adjourned for the year without finalizing his confirmation.

Mayor Bill de Blasio envisions a tobacco-type groundswell in the fight against fossil-fuel companies while skeptics differ.

Low interest rates may not be a “serious problem” and while tax reform will support near-term growth, it will add to the long-term burdens on the economy, Federal Reserve Bank of New York President William Dudley said Thursday.

Gov. Dannel Malloy urged lawmakers to replenish the Special Transportation Fund.

While the latest principles for President Trump's infrastructure plan may not be released until February, several Democrats have introduced bills for competitive grant programs for infrastructure projects.

Price level targeting may be a better tool than inflation targeting, Federal Reserve Bank of St. Louis President James Bullard said.

New York City would be the first major U.S. public pension to divest from fossil fuel businesses.