The M.T.A. is developing automatic closures for the subway system’s 39,000 air vents, according to a recent report by the authority. But those kinds of upgrades are expensive; the authority has ...

Passengers on an uptown No. 1 train saw floodwaters swamping the station at 28th Street and Seventh Avenue in Manhattan.

Two people died in New Jersey after their car was swept away. Public transit was largely running normally on Tuesday morning, hours after water flooded subway stations and damaged highways.

Indeed, the only guaranteed path for Mr. Trump to get lower interest rates is slower inflation or a weaker job market. Right ...

Investors attracted by high yields, while recent natural disasters have failed to trigger losses for bondholders ...