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The Federal Reserve will raise interest rates in March, followed by one or two more in 2018, former Fed Gov. Randall Kroszner predicted Thursday night.

Almost three years after sinking to the verge of a junk, New Jersey’s largest city received an outlook boost from Moody's.

The municipal bond market is gearing up for a lighter-than-average new issue calendar in a holiday-shortened week, with about $3.35 billion of bonds slated for sale.

The value of business inventories rose 0.4% in November as expected by analysts and calculated by MNI after the wholesale inventories report on Wednesday, data released Friday morning by the Commerce Department showed.

The value of retail sales rose 0.4% in December, as expected by analysts, and were up 0.4% excluding motor vehicle sales.

The consumer price index rose by 0.1% in December, as expected, while core CPI posted a stronger-than-expected 0.3% rise.

Mayor Bill de Blasio envisions a tobacco-type groundswell in the fight against fossil-fuel companies while skeptics differ.

New York City Councilmember Daniel Dromm will take over as Chair of the finance committee, assuming a key role in budget negotiations with the mayor’s office.

In the week ended Jan. 11, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose to 3.84% from 3.81% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

Henry Dachowitz replaces Tony Saunders, who left the county last April.