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Federal Reserve Chairman Jerome Powell faced questions from U.S. lawmakers Wednesday over the central bank’s help for Americans compared with markets.

Federal Reserve Bank of St. Louis President James Bullard said the U.S. economy has enough momentum to continue its recovery from the coronavirus slump even if Congress fails to pass additional taxpayer support.

The U.S. current account deficit widened to $170.5 billion in the second quarter from a revised $111.5 billion gap in the previous quarter, data released Friday by the Commerce Department showed.

Family emotions, union pushback, fears of a new COVID-19 wave, cost drivers and data fluctuations are all at play as the city flip-flops on in-person education.

Most panelists don't expect rates to budge in the three-year projection horizon.

In a long-range revenue forecast, a state economist told lawmakers that it could take two or three years for Florida’s hard-hit tourism industry to recover.

Guam Gov. Lourdes Leon Guerrero told lawmakers she wants the island territory to be eligible for the Fed’s Municipal Liquidity Facility.

Despite a positive employment report last week, Chair Powell predicted a slow recovery with COVID-19 still not under control.

The stop-and-go 2020 legislative session left some lawmakers feeling there is unfinished business in Sacramento.

The short-term Municipal Liquidity Facility does not meet the city's needs, the mayor said while repeating his call for borrowing authority from New York State.

Neal, the most influential advocate for tax-advantaged bonds in Congress, is assured re-election because Republicans are not fielding a candidate in November.

The Fed will have to "pivot from stabilization to accommodation" during the pandemic, Fed governor says.

Federal Reserve Board Chair Jerome Powell announced the group's new policy framework, but didn't explain why it would work.

Polling shows President Trump is currently the underdog in nine out of 11 battleground states.

Federal Reserve Chair Jerome Powell announced a new approach to monetary policy Thursday that takes a more relaxed stance on inflation and on its view of how low U.S. unemployment can go.

New York City's comptroller wants the mayor to pull the executive order he issued in March, when the city needed to quickly purchase ventilators and other coroavirus-related equipment.

Trump's bare-bones campaign agenda released Aug. 23 promises to “build the world’s greatest infrastructure system.”

A group of former Federal Reserve officials and staffers, including former Vice Chairman Alan Blinder, published an open letter Thursday calling on the U.S. Senate to reject President Donald Trump’s nomination of Judy Shelton to the central bank’s Board of Governors.

State economists project Florida will lose $5.4 billion of general revenues over the next two years, partly from reduced sales and lack of tourism.

The level of Washington aid is but one yardstick for the fiscal soundness of the city-owned system, says the watchdog Independent Budget Office.