The Latest

Moody's placed a negative outlook on the higher education earlier this year. 2026 looks even more uncertain, according to a new report from the rating agency.

Federal Reserve Gov. Christopher Waller said in a speech Monday that private and public-sector data suggests that the labor market is continuing to weaken, making a 25 basis point rate cut in December a prudent choice.

Chicago homeowners face a record property tax hike after the city's downtown office buildings and other commercial real estate values fell again.

The "data dumps" over the next several weeks could lead to market volatility, said Abdulla Begai, director and fixed income portfolio management at A&M Private Wealth Partners.

Transit advocates are pushing back on the Trump administration exploring the elimination of the Mass Transit Account of the Highway Trust Fund.

Moody's cited the airport's "significant improvement in liquidity" and "continued enplanement recovery" in its decision to upgrade the rating to Aa3.

The scheme cost at least 99 victims $5.7 million, the U.S. Attorney's Office for the Eastern District of Missouri said.

The Department of Government Ethics on Saturday released financial disclosures for former Federal Reserve Gov. Adriana Kugler, showing she had executed several individual stock trades in 2024, including during Fed blackout periods, an apparent violation of Fed ethics rules. The Federal Reserve Inspector General has launched an investigation.

The long-awaited budget closely resembles the governor's original proposal, pared down by just over $1 billion.

Ten winners across five regions and five additional categories will be celebrated Dec. 2 in New York City, where one will be crowned the overall Deal of the Year.