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The federal government ran a $13.5 billion deficit in December, the Treasury Department reported Wednesday.
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A $12.5 billion rainy day fund protects Texas from the next recession, said Comptroller Glenn Hegar, who wants to invest the fund into productive assets.
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Federal Reserve officials are getting their stories straight on the U.S. economy.
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If the economy moves as expected, Federal Reserve Bank of Philadelphia President Patrick Harker expects one rate hike this year and one next year.
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More new supply hit the screens led by general obligation deals from the District of Columbia and Delaware.
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Ned Lamont says his initiative could cut Connecticut’s borrowing by 39%, or hundreds of millions of dollars annually.
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Labor market “activity declined modestly and momentum remained high in January,” as the Federal Reserve Bank of Kansas City Labor Market Conditions Indicators (LMCI) slid to 0.97 from 1.06 in December, the Bank said Wednesday.
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Ron DeSantis in Florida focuses his bond priorities on Transportation while Georgia's Brian Kemp wants to fund statewide capital needs.
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The Fort Madison School Board on Monday adopted a resolution ordering a special election on the issuance of a $30 million general obligation bond.
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A key measure of U.S. inflation was little changed in January while the broader gauge slowed on lower energy costs, underscoring the Federal Reserve's recent decision to be patient on raising interest rates.
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