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The Federal Open Market Committee cut its projection for next year to two rate increases from three.

Monetary policy may need to become restrictive at some point, but the Summary of Economic Projections is “not a signal” that it will, Federal Reserve Board Chair Jerome Powell said Wednesday.

An improved Philadelphia economy drove the city’s long-struggling school district to an investment grade rating from Moody’s Investors Service.

A new year will mean new advertising rules and testing requirements for municipal advisors.

The Legislature ended a special session after members concluded that there wasn’t time to overhaul the state’s underfunded pension systems.

A fact-finding report may not be the salve that Los Angeles Unified School District Superintendent Austin Beutner predicted.

The Federal Reserve raised borrowing costs for the fourth time this year, ignoring a stock-market selloff and defying pressure from President Donald Trump, while dialing back projections for interest rates and economic growth in 2019.

The tax fix is being lost in the rush by Congress to enact a temporary spending measure to keep the government operating through Feb. 8.

It remains unknown if Gov.-elect Ron DeSantis will continue Rick Scott’s practice of limiting new bond issuance.

A lone large deal came into an even stronger municipal bond market, as all eyes are on the Federal Open Market Committee.

The commonwealth intends to sell $915 million of tax-exempt new money and refunding bonds and $50 million of taxable bonds.

Existing home sales were up 1.9% to a seasonally adjusted 5.32 million-unit rate in November.

The U.S. current account deficit widened to $124.8 billion in the third quarter from a revised $101.2 billion gap in the previous quarter.

Webster University has struggled to balance operations as it suffers tuition revenue declines.

A few deals trickled into a stronger market, ahead of Wednesday’s interest rate announcement.

The bi-state transportation agency's new budget plan keeps it on track to tackle large-scale airport redevelopment projects.

The state’s revenue forecast for the next two years shows increases of $442.8 million in fiscal 2020 and $386 million in fiscal 2021.

Melanie Her will be based in San Francisco.

The nation's No. 2 financial advisory services firm is hiring municipal executives in Ohio and Michigan.

The survey of securities firms showed pressures caused by unfunded pension obligations is expected to be the biggest issue for the muni market next year.