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Federal Reserve Board Chair Jerome Powell defended the 25 basis point rate cut in the face of a resilient economy and refused to speculate about future moves.

Coming off the biggest month of the year, volume dipped in July to the second slowest pace of 2019.

As expected, the Federal Reserve cut its Fed Funds target rate by 25 basis points on Wednesday.

The complaint filed by Philadelphia and Baltimore fails to rise to the level of specificity needed to prove conspiracy, Wall Street banks told a federal judge.

University of Alaska President Jim Jensen has six weeks to craft a plan to consolidate three universities.

The U.S. Treasury Department announced plans to maintain record debt sales.

The rating agency cited the city's financial position and the effectiveness of Connecticut's Municipal Accountability Review Board.

The new law lowers contribution rates for some agencies and allows them to opt out of the worst-funded pension plan in the country.

Chicago Mayor Lori Lightfoot reset the clock on release of the next year's budget forecast by moving the deadline one month later to the end of August.

It's uncertain whether Pedro Pierluisi's nomination to succeed Rossellówill pass the House.