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Inflation risks may warrant the Federal Reserve beginning raising interest rates next year, St. Louis Fed President James Bullard said, backing an even-earlier liftoff than penciled in by many of his colleagues.

The Investment Company Institute on Wednesday reported $2.533 billion of inflows into municipal bond mutual funds, the highest since February.

The state sued after the Trump administration canceled federal funding already approved for the project.

With the mayor's race riveted on public safety, candidates discussed the city’s finances in a televised debate.

One of the city's most significant elections is also one of the strangest with a pandemic, an open seat, crime and financial strife, and ranked-choice voting at play.

A last-minute bill that would have authorized a split of board chairman and chief executive positions appears to have died in the state Senate.

Patrick Foye will leave as chairman and CEO, with Sarah Feinberg elevated to chairman and Janno Lieber becoming chief executive officer.

The California treasurer also suggests adding flexibility to federal rail grants ,which are typically reserved for government projects, to include jointly undertaken public-private partnerships.

If Congress does not act on the island’s Medicaid funding by the end of September, the funding shortfall would force officials to drop an estimated 800,000 people from the rolls.

Randal Quarles left open the possibility that he might remain in his role as a Federal Reserve governor after his tenure as vice chair for supervision expires on Oct. 13 — a move that would reduce the openings for the Biden administration to fill.