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Some straphangers are going to feel the next fare hike more than others.

Mayor Bloomberg says he "cuts the checks," and that's why he can withhold $400 rebate checks without the City Council's approval.

But he also suggests that he might be flexible on the issue as budget negotiations continue.

BLOOMBERG: We are far from having a balanced budget. We will by the time we ...

Governor Eliot Spitzer sounded confident this morning that he would work out a deal with the legislature and Mayor Michael Bloomberg to head off the closure of the city's Off-Track Betting Corporation.

SPITZER: I sympathize with the mayor that he’s frustrated that the racing industry has not done as well as ...

The Port Authority is teaming up with a private developer from Australia to build a shopping center at Ground Zero.

The Westfield Group partnered with the Port Authority to build the the $1.4 billion complex. While the 2 groups will equally split the profits from the mall, the Port Authority is ...