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Federal Reserve Bank of Dallas President Robert Kaplan cautioned against policy actions that would push short-term borrowing costs above longer-term yields and said the U.S. central bank should move gradually with its plan to raise interest rates.

The loss of advance refunding hurts community control and stymies local infrastructure investment.

The value of business inventories in March was roughly unchanged, below the 0.1% gain expected by analysts.

Builders’ confidence in the market for new single-family homes grew again as the National Association of Home Builders' housing market index climbed to 70 in May from a downwardly revised 68 in April, first reported as 69.

U.S. retail sales rose for a second month in April in broad fashion as bigger after-tax paychecks helped compensate for rising fuel costs, signaling consumer demand was off to a good start this quarter.

Prices paid remain elevated, while business activity improved, the Empire State Manufacturing Survey, released Monday by the Federal Reserve Bank of New York, suggested.

Richard Clarida, President Donald Trump’s nominee for vice chairman of the Federal Reserve, will tell U.S. lawmakers he would support policies that take a “balanced approach” to achieving the Fed’s goals of maximum employment and price stability.

Healthcare giant Catholic Health Initiatives now has a stable outlook on its Baa1 rating from Moody's Investors Service.

Ball State University's takeover of the troubled Muncie Schools will come as soon as July 1.

Raising its $15 million borrowing cap on local projects would smooth Minneapolis' borrowing process on more expensive projects.