The Latest

New York's mayor says the budget for the 2021 fiscal year is balanced despite the coronavirus impacts.

Joseph P. Rogers, Jr. “Buck", 84, a U.S. Navy veteran, retired bond lawyer at Hawkins, Delafield & Wood LLP, and innovator in the public finance industry, died on Oct. 23 of a recurrence of Lymphoma.

Fed Governor Lael Brainard has slipped from among top contenders for Treasury secretary under Joe Biden, according to people familiar with the matter, as the president-elect’s team winnows its choices for key positions.

As gridlock grips the federal government, Colorado is hoping to shield citizens and businesses from worsening pandemic impact.

With rates at the effective lower bound, increased asset purchases will be the Fed’s main monetary policy easing tool going forward, and that's what analysts will be scanning the FOMC minutes for.

The hurdles faced by Black professionals who break into the financial services belie the notion that their small numbers at the industry’s top ranks are a pipeline problem.

The Federal Reserve said Friday it would comply with a Treasury Department request to return unused funds meant to backstop five emergency lending programs, moving to tamp down a public rift that arose a day earlier.

Under certain conditions the board could submit the proposal to the court without a further vote.

Analysts, issuers and lawmakers have mixed responses to the closure of the Municipal Liquidity Facility with some saying the move puts the municipal market in a precarious spot as COVID-19 continues to ravage the country.

Municipals continue to rally as market participants get ready to head into a quiet holiday week.