Good morning, New York City. Here's what you need to know today.

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It's another cold start to the day, with temperatures in the upper 20s to low 30s.

Clouds will increase and showers return by late afternoon to early evening.

Highs: Mid-40s
Lows:
 Near 40
Increasing clouds with late showers

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Around NYC

1. Study shows marked increase of New Yorkers living in poverty

A new report says the number of poor New Yorkers are on the rise, with a half-million more people living in poverty in 2022 compared with the year before. The study, done in collaboration between the Robin Hood Foundation and Columbia University, determined that the increase to 2 million New Yorkers living in poverty represented the largest single-year jump since the Poverty Tracker research group began collecting data in 2012.

The child poverty rate also jumped from 15% to 25%, meaning one in four children in the city live in poverty, which is equivalent to nearly 420,000 kids.

2. Mayor cancels latest round of budget cuts this spring

Mayor Eric Adams announced Wednesday he is sparing city agencies a 5% cut in spending that would have totaled $4.1 billion and was slated for April. It would have been a third round of service cuts, in part due to spending on migrant services.

“If we had to do the third round, it would impact garbage pickup, it would impact services to our older adults, it would impact libraries, it would impact a series of services that you would actually see the difference,” Adams said during an interview on WABC7.

3. Education groups sound the alarm on expiring federal funding

Seven billion dollars in federal funding helped prop up the city’s public school system as it was recovering from the pandemic. The money is temporary, but officials have used some of it to pay for long-term needs. Now, it’s set to disappear.

“The dollars we’re talking about are largely temporary federal dollars but these are investments that the state and the city should have been making all along,” said Randi Levine, policy director at Advocates for Children.

Around the Nation

1. Georgia Gov. Kemp says he was interviewed in Trump special counsel investigation

2. Family of Malcolm X says they have new evidence in his assasination

3. Supreme Court seems skeptical of EPA's 'good neighbor' rule on power plant pollution

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