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The state already has budget deficit two months into the fiscal year.

White House economic adviser Gary Cohn is emerging as the clear front-runner for the nomination to succeed Federal Reserve Chair Janet Yellen, according to a National Association for Business Economics survey.

Some see the collapse of President Trump’s infrastructure council as good for municipal bonds.

The governor's adjustment protects the state's neediest districts but hits others hard.

Federal Reserve Chair Janet Yellen will join European Central Bank President Mario Draghi in Jackson Hole, Wyo., next week, setting the stage for a potentially revealing debate over the common challenges facing the world’s two most powerful central banks.

The nonpartisan watchdog calls for a labor-management committee to explore cost-cutting

Federal Reserve officials engaged in a detailed debate about inflation while keeping the door open for a September announcement on the timing of balance-sheet reductions, according to minutes from their policy meeting in July.

Federal Reserve Bank of New York President William Dudley said former Goldman Sachs executive Gary Cohn was a “reasonable candidate” for the job of Fed chief.

Federal Reserve Bank of New York President William Dudley said it isn’t unreasonable to expect the central bank to announce plans in September to start trimming its balance sheet and said he supports another interest-rate increase this year if the economy evolves as he expects.

The vote culminated a five-year effort designed to fund public improvements, notably to transit infrastructure.