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NYC Is Cleared for First-in-US Congestion Tolls as Soon as April

New York City receives final federal approval for congestion tolls, with motorists potentially paying as early as April 2024. The toll plan is set to generate $1 billion annually for the MTA.

The plan to charge motorists driving into New York City's midtown Manhattan received final federal approval.
Motorists may start paying the new tolls as early as April 2024.
The toll plan is projected to provide $1 billion annually for the MTA.
Congestion pricing aims to reduce traffic, improve air quality, and boost mass-transit ridership.
The tolling plan faces pushback from New Jersey politicians concerned about increased traffic and pollution.

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Central banks around the world are pausing tightening campaigns as inflation eases and economies slow. Inflation-targeting regimes are keeping their own houses in order, while the US Fed's key inflation gauges fell to the slowest annual paces since late 2021.

Factbox: Turkey earthquake and some of the worst natural disasters of this century

Factbox: Turkey earthquake and some of the worst natural disasters of this century

Two massive earthquakes on Monday have devastated cities and towns across Turkey and Syria, with death toll of over 16,000. This is one of the worst natural disasters this century, alongside the 2004 Sumatran Tsunami, 2010 Haiti earthquake and 2008 Cyclone Nargis.

Take Five: Strap in for no landing

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