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Moody's boost at Aa1 means lower borrowing costs, additional savings and a more diverse market for the city's bonds, according to Melanie Hartzog.

The level of initial claims fell by 3,000 to 223,000 in the March 2 week, just below expectations for a 225,000 reading, data released Thursday showed.

Productivity gains in the U.S. last quarter exceeded forecasts though were little changed from the prior reading as output and hours worked both cooled.

Ohio Gov. Mike DeWine is running into flack from fellow Republicans who control the legislature for his 18 cent-per-gallon proposal.

J.B. Pritzker will defend his fiscal 2020 budget and pension proposals as well as his gamble on waiting for voters to approve graduated income tax rates.

A heavy debt burden driven largely by a decade-old bond issuance led the small liberal arts school to announce that it will close.

Municipal bond buyers grabbed general obligation bonds from California and New York City on Thursday.

Victor Quiroga Jr. previously was a vice president at Frost Bank.

Newly issued Treasury securities held in stripped form decreased about $1.197 billion in February.

The U.S. economy cooled in the first two months of 2019, with growth characterized as “slight-to-moderate” across most of the country in a Federal Reserve survey.

A new Big Apple Transit agency would issue new debt for transit under City Council Speaker Corey Johnson's plan.

The firm sought to coerce banks that underwrite high-yield state and local government debt deals from doing business with Preston Hollow Capital, the Dallas-based lender alleged in a lawsuit.

Slower economic growth shouldn’t be a concern since it’s the “new normal,” according to Federal Reserve Bank of New York President John Williams, who said Wednesday this allows the Fed to be patient and data dependent on rate changes.

The House speaker wants a $2 billion school bond bill to fund capital needs, but the Senate's leader wants a pay-as-you-go approach.

The U.S. international trade gap widened to $59.8 billion in December from $50.3 billion.

Private-sector employment increased by 183,000 in February, on a seasonally adjusted basis, ADP estimated Wednesday.

Corey Johnson has called for wresting control of five-borough transit operations from the state-run Metropolitan Transportation Authority.

State Sen. John Moorlach's legislation would make California only the second state to adopt the machine-readable computer language for financial documents.

New Jersey Gov. Phil Murphy’s second proposed budget relies on tax increases to fund his policy initiatives.

Gretchen Whitmer's first budget proposal would also provide a tax break for pension and retirement income.