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The Federal Reserve is in no hurry to taper its massive bond buying program, Chair Jerome Powell said Wednesday.

For the seventh time in 2020, monthly sales tax revenues in November were below the same month in 2019.

Jersey Shore gambling hub's financial progress under state supervision amid coronavirus headwinds prompted rating agency to revise junk-rated city's outlook to positive.

Most districts reported slight growth, but four reported little or no growth since the last report.

The Senate voted to advance Christopher Waller’s nomination to serve on the Federal Reserve Board, clearing the way for final confirmation Thursday.

National League of Cities Executive Director and CEO Clarence Anthony said his organization is encouraged by the new bipartisan, bicameral proposal.

Florida’s privately owned passenger train company, which halted service citing the coronavirus pandemic, is bringing $950 million of nonrated private activity bonds.

The governor-elect also plans to appoint Manuel Cidre as secretary of economic development and commerce.

Fitch says the bond-financed settlement provides certainty and leaves the state's reserves intact, which puts the state on sound footing to manage the uncertainties with the coronavirus.

The university will begin its two-day retail order period Friday.

Munis are likely to lag Treasuries in some fashion once year-end empathy settles in mid-month and ratios become a factor.

Federal Reserve Governor Lael Brainard said Tuesday that more government fiscal aid is needed to prevent deeper damage to a U.S. economy coping with a fresh surge in coronavirus cases.

Modest revenue growth is projected over the course of the biennium that begins July 1, but “unprecedented volatility” because of the pandemic remains a concern.

The data continue to offer a mixed picture, with manufacturing expanding, services hurting, and while construction spending rose more than expected, it followed a downward revision to the previous month's number.

SIFMA told a federal court that the SEC's process failed when it announced the temporary conditional exemption for muni advisors.

Senate Majority Leader Mitch McConnell set up a vote to advance the nomination of Christopher Waller to the Federal Reserve Board, potentially clearing the way for his confirmation later this week.

Federal Reserve Chair Jerome Powell is cautioning lawmakers that the U.S. economy remains in a damaged and uncertain state, despite progress made in the development of COVID-19 vaccines.

Although November posted the lowest monthly volume total this year, issuance has already exceeded 2019's total and is on track to set a new yearly record in 2020.

After volume in November came in around $19 billion, the lowest since 1999, investors look to December.

The GAO said that the $10.5 billion from the FEMA Public Assistance program might cover only about half of the $20.3 billion identified in Puerto Rico’s Grid Modernization Plan as necessary to repair the grid and make it more resilient.