WNYC Newsroom

The Federal Reserve Open Market Committee ended its meeting by agreeing to use more than $400 billion to try and drive down long-term interest rates to make loans cheaper and invigorate economy. The plan unveiled Wednesday has been dubbed "Operation Twist," as the Fed will "twist" long-term rates lower relative to short-term rates.

An off-duty police officer accused of raping a woman in the Inwood was indicted by a Manhattan grand jury, the Manhattan district attorney announced Wednesday.

A Manhattan woman abducted eight of her own children from a child welfare agency in Queens without permission Monday, according to the NYPD.

The Clinton Global Initiative will draw at least one VIP speaker from the United Nations General Assembly meeting across town on Day No. 2 of the annual gathering: President Barack Obama is scheduled to address the meeting Wednesday.

An eclectic collection of art and memorabilia from famed New York City restaurant Elaine's went to auction Tuesday and netted $385,000.

New York City's Department of Environmental Protection is investigating why a water main burst on Manhattan's Upper West Side Monday. The rupture, on West 106th Street near Central Park West, disrupted mass transit for much of the day, flooded subway stations, and created a crater in the street.

Several demonstrators have been arrested near the United Nations for blocking traffic to protest Palestinian President Mahmoud Abbas' campaign for full U.N. membership.

Police investigating the 10 sets of human remains found on a Long Island barrier beach highway have linked one of the bodies to remains found on Fire Island in 1996, Suffolk County detectives said Tuesday.

Former President Bill Clinton said Tuesday that success of the alternative energy movement is hampered by a lack of financing, remarks made as world leaders attending the Clinton Global Initiative expressed fears about rising seas at his annual philanthropic conference.

Governor Andrew Cuomo has asked the federal government for more money to help victims of flooding by tropical storms Irene and Lee and has extended extra state assistance.

Seventeen people suffered minor injuries Monday when scaffolding collapsed and hit a bus in Harlem.

The overall number of violent crimes in New York dropped slightly in the first half of 2011 compared to a year before, state officials said.

Yankees pitcher Mariano Rivera saved his 602nd game Monday afternoon and set a new major league record for saves.

Five people who were part of a few hundred protesters who gathered in Lower Manhattan to demonstrate against financial firms were arrested on Monday, police said. 

Metro-North railroad said part of a line that suffered "catastrophic" damage from Hurricane Irene is back in service.

Jury selection will begin Monday in the trial of a political operative who worked on Mayor Michael Bloomberg's bid for a third term and is charged will stealing more than $1 million from the mayor.

The organizers behind a planned Islamic community center and mosque near ground zero are opening a temporary space at the site.  

Dominique Strauss-Kahn, the former head of the International Monetary Fund, said his sexual encounter with a New York hotel housekeeper "did not involve violence, constraint or aggression" but still was a "moral failing" on his part.

World leaders are descending on New York City this week for the U.N. General Assembly, the yearly gathering takes place on the east side of Manhattan at the United Nations.

As of 3 a.m. Sunday, it costs drivers more to cross bridges and tunnels owned by the Port Authority of New York and New Jersey.