There's another leadership change coming to the Federal Reserve System. Federal Reserve Bank of New York President and CEO William Dudley announced Monday that he intends to retire in mid-2018, confirming industry rumors. Dudley becomes the latest Fed official to leave, whether by their own choice or not.

Falling in line with other Fed officials, New York Federal Reserve President William Dudley is the latest to tell the industry to expect a rate hike soon. As it stands, the FOMC is scheduled to meet in mid June and late July. Are you ready for rising interest rates?

The bank's board unanimously voted to reappoint its president and first vice president, after looking at their past performance, peer interaction, future visions for the bank and other things. Get ready for five more years of William Dudley.

Nestled inside New York City, the Brooklyn borough has remained particularly strong in recent years, especially when compared to other boroughs. But there are a few areas of concern.