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Thefirefighters' pension fund says Chicago shorted it $3.3 million, and wants to use an Illinois law to intercept state grant funds.

The Federal Reserve Bank of San Francisco announced Friday Mary C. Daly was named president and chief executive officer, effective October 1, 2018.

The committee is holding a public hearing on its report on the causes of the debt crisis on Sept. 18 in San Juan.

Long considered a dove, Federal Reserve Bank of Chicago President Charles Evans Friday expressed comfort with the inflation outlook and repeated his belief rates will become slightly restrictive. That led some observers to ramp up concern about the flattening yield curve.

Two state senators are backing a proposal to toll low-occupancy vehicles in carpool lanes on highways that currently lack tolls.

Former Federal Reserve Chair Janet Yellen says the central bank should consider deliberately courting an economic boom to make up for a bust by promising to keep interest rates “lower-for-longer” after they are cut to zero.

Municipal bond traders will see a healthy new issue calendar hit the market next week.

The Unsecured Creditors Committee continued an effort to change the deal in a hearing on Thursday.

Dealer firms are trying to comply with newer rules like markup disclosure, while regulators are finding some problems and working to communicate more clearly.

House Republicans want to make permanent the $10,000 cap on state and local tax deductions and the lower tax rates for individuals, both of which are due to expire at the end of 2025.

This week’s trading volume indicates there will be robust demand for municipal bonds, Morgan Stanley Wealth Management says.

The plan will see Indiana paid $1 billion in return for allowing a rate hike on the privately operated Indiana Toll Road.

The $582 million deal in the spring was the largest pooled school district bond issuance in the 74-year history of the Dormitory Authority of the State of New York.

Interest rate hikes should proceed, but Federal Reserve Bank of Atlanta President Raphael Bostic warned that while tariffs haven’t become a huge concern yet, the possibility exists they will.

Municipal bonds were little changed on Thursday as a big sale out of Nevada hit the screens.

Democratic Gov. Gina Raimondo and Republican Cranston Mayor Allan Fung will duel in November's general election.

They are also trying to take over representation of the Puerto Rico authorities in Government Development Bank debt restructuring.

New York Gov. Andrew Cuomo sent letters to the Internal Revenue Service and to Treasury's Inspector General for Tax Administration threatening litigation and and asking for a probe of alleged undue political interference.

Municipal CUSIP requests surged in August, an indication of rising supply in the near-term.

The Federal Reserve's Beige Book noted the economy expanded at a moderate pace for most districts, a small upgrade from the prior report.