Traffic in New York City’s busiest streets dropped 7.5% during the first work week of the city’s congestion pricing plan. The Metropolitan Transportation Authority launched the U.S.'s first congestion pricing program on Jan. 5, charging motorists $9 during peak hours to enter Manhattan's Central Business District. Morning traModerna, shares, revenue forecast, drug development costs, Covid-19 treatments, RSV medication, support level, buying opportunity, bargain hunters, stock market, expenses reduction, financial challenges, investment strategy.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Traffic in New York City's busiest streets dropped 7.5% during the first work week of
00:07the city's congestion pricing plan. The Metropolitan Transportation Authority launched the U.S.'s
00:12first congestion pricing program on January 5th, charging motorists $9 during peak hours to enter
00:19Manhattan's Central Business District. Morning travel times improved at most major crossings
00:23into Manhattan. Afternoon travel times within the toll zone and on major highways also declined,
00:29with buses moving faster overall, especially during morning commutes. The program, which
00:34aims to reduce traffic, improve air quality, and generate $15 billion for transit system
00:39modernization, has exceeded initial expectations. For all things money, visit benzinga.com slash gstv