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The municipal market extended its December rally in light secondary trading. No new deals came to market.

Federal Reserve officials should slow the pace of interest-rate hikes and consider President Donald Trump’s criticism of their tightening campaign as “background noise,” according to former Fed Gov. Lawrence Lindsey.

Myron Frans will remain the state's top fiscal officer under Gov.-elect Tim Walz.

A Jan. 22 hearing has been set at which time a judge may order Dwayne Edwards to disgorge $766,850 plus interest and pay civil penalties.

Port officials are concerned volume will drop in January and February after import volume surged to record levels.

The municipal market strengthened further on Thursday, with light action in the secondary.

An inverted yield curve can potentially harm U.S. economic growth and even cause a recession by pinching bank-lending margins and causing a contraction in loan activity, according to a blog posted on Thursday by the Federal Reserve Bank of St. Louis.

U.S. rates traders are gearing up for a new landscape in 2019, when Federal Reserve Chairman Jerome Powell plans to start holding press conferences after all eight of the central bank’s meetings.

The SEC has signaled a focus on pay-to-play and disclosure fraud.

The consumer confidence index decreased to 128.1 in December from an upwardly revised 136.4 last month.