U.S. consumers' outlook on the expected path of inflation was mixed in December amid rising worries about households' ability to make debt payments, a survey by the New York Federal Reserve showed on Monday.

A New York Federal Reserve survey indicated that U.S. consumers’ inflation expectations rose over the medium term but declined over a five-year horizon. According to the December 2024 Survey of Consumer Expectations conducted by the Federal Reserve Bank of New York’s Center for Microeconomic Data,

New York City transit officials said on Monday that traffic fell by 7.5% last week and 273,000 fewer cars entered Manhattan's central business district after the United States' first congestion pricing fee took effect on Jan.

New York City's Metropolitan Transit Authority says preliminary data shows the introduction of congestion pricing has led to a sharp cut in traffic in the first few days.

The MTA released a report Monday showing traffic heading into New York City was down a week after the new congestion pricing plan went into effect.