Person Root Tag

President Donald Trump suggested that the government debt accumulated by bankrupt Puerto Rico would need to be wiped clean to help the island recover from the devastation caused by Hurricane Maria.

Federal Reserve Governor Jerome Powell deflected questions about his interest in succeeding Janet Yellen at the helm of the U.S. central bank when her term as chair expires on Feb. 3, 2018.

Paul Mortimer-Lee, chief market economist at BNP Paribas, discusses the leadership of the Fed and possible replacements for Janet Yellen.

The subway-improvement plan for New York triggered pushback from board members who say Gov. Andrew Cuomo is overreaching.

The economy will “probably not” rebound in the last half of 2017, according to Federal Reserve Bank of St. Louis President James Bullard, and don’t expect inflation to suddenly turn around either.

Luke Bronin called the latest multiple-notch downgrades no surprise.

Given the numerous uncertainties in the economy, gradual rate hikes remain the best course, Federal Reserve Board Chair Janet Yellen said.

Wide disparities in wealth and income remain in the U.S., Federal Reserve Governor Lael Brainard said.

Mitchell Katz will continue the reorganization plan for the beleaguered city unit, said the mayor.

Assured Guaranty and Build America Mutual presented city and state officials with an alternative to bankruptcy.