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As director of the Fed's Division of Research and Statistics, David Wilcox is responsible for briefing the Federal Open Market Committee on the outlook for the national economy.

Global financial markets got uglier while Federal Reserve officials were on their August hiatus, but bond traders are wagering that won’t be enough to deter them from pressing on with monetary-policy tightening.

Minor-league baseball's Pawtucket Red Sox rejected a Rhode Island bonding framework for more generous subsidies in Worcester.

Moody's lowered the South Carolina-owned public utility’s bond rating to A2, and its bank bond rating to A3.

Business economists are sounding some sour notes about Trump administration policies, from trade to immigration to the budget.

The Lone Star state grabs the spotlight this week as Texas prepares to sell $7.2 billion of top-rated tax and revenue anticipation notes on Wednesday.

Municipal bond volume is running 18.1% lower than last year’s historic level, in line with analyst expectations given the enormous impact the new tax legislation has had on the market.

Municipalities had less need for borrowing to bridge gaps in cash flow and therefore curtailed their issuance of notes

Issuance in these sectors all plummeted by 50% or more in the first half of 2018 in what was generally a weak first half for overall municipal issuance.

The par amount of insured debt decreased in the first half of 2017 but the percentage of bonds issued that carry insurance climbed.