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Federal Reserve Board Gov. Lael Brainard presented her alternative to quantitative asset purchases.

Federal Reserve Chairman Jerome Powell struck an upbeat tone in gauging the ability of policy makers to extend the record U.S. economic expansion, while signaling interest rates would probably remain on hold.

The Division of the Budget said escalating Medicaid costs are the main reason for the projected shortfall.

NYC's November plan is up $1.6 billion, or 1.7%, from the June budget.

The repeal will help states and cities move forward with bonding and future projects, especially as spring construction season is around the corner.

Bank of America Chief Executive Officer Brian Moynihan said the U.S. has no need for negative interest rates because its economy is strong, unlike other regions that have employed the tricky strategy.

Miami-Dade County Expressway Authority board meetings and procurements are on hold as it fights a state law to abolish the authority.

Gov. Ron DeSantis’ recommended a $91.4 billion budget for fiscal 2021 that includes borrowing for more than just transportation needs.

President Donald Trump invited Federal Reserve Board Chair Jerome Powell to meet at the White House with him and Treasury Secretary Steve Mnuchin, with few details released.

But survey of 550 MWBE firms finds minority- and women-owned firms still face barriers to competition.