NEW YORK, June 7 -- New York City Mayor Eric Adams issued the following news on June 6, 2025: * * * City of New York Takes Action To Protect Over $820 Million in Federal Funding for Public Safety Organizations Nationwide Coalition Files Amicus Brief Outlining Why Non-Profits Must Have Federal Public Safety Grants Restored Continues Adams Administration's Work To Ensure New Yorkers Get Every Dollar They Are Entitled to at Every Level of Government * NEW YORK - The City of New York today -  more

WASHINGTON, June 7 -- Federal Reserve Governor Adriana D. Kugler, speaking at the Economic Club of New York on June 5, 2025, warned that increased import tariffs and other policy changes could significantly impact the U.S. economy. While the labor market remains resilient, Kugler stated that such policies, particularly higher tariffs, risk raising the unemployment rate and pushing inflation above the Federal Open Market Committee's 2% target. * * * Here is the text of the remarks: Thank you,  more