Michelle Kaske

(Bloomberg) -- New Jersey Transit, the much-maligned rail system linking the state with New York City, emerged as a surprise winner in this year's FIFA World Cup.

Monthly ridership on the Long Island Rail Road — the nation’s busiest commuter rail line — surpassed pre-pandemic levels for the first time, as a hectic New York City summer boosted trips.

New York Mayor Zohran Mamdani wants to make the city’s buses free. To many riders, they already are — a trend transit officials are finding hard to reverse.

NEW YORK (BLOOMBERG) -- Mayor Zohran Mamdani wants to make the city's buses free. To many riders, they already are — a trend transit officials are finding hard to reverse.

New York City’s public transportation network, the biggest in the US, is facing yearly budget deficits that are expected to grow to nearly $900 million by 2030 as rising healthcare costs strain its finances.

San Juan, the economic hub of Puerto Rico, triggered a rush for its $121 million muni-bond sale this week, as investors seized a rare opportunity to get exposure to island.

San Juan, the economic hub of Puerto Rico, triggered a rush for its $121 million muni-bond sale this week, as investors seized a rare opportunity to get exposure to island.

Matt Dalton, a fixed-income portfolio manager who in 2002 founded Belle Haven Investments out of a former broker-dealer firm, has died. He was 62.

The 2026 FIFA World Cup generated $3.5 billion in total economic impact in New York and New Jersey, according to a report commissioned by New York Governor Kathy Hochul.

State lawmakers approved the tax in 2019 to give the MTA additional revenue to help fund capital projects. The revenue is dedicated to the MTA's infrastructure upgrades and does not flow through the transit agency's operating budget.