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Lawmakers can't agree on how to fund the state budget, while the governor looks for a loan from the state liquor monopoly.

Federal Reserve Bank of San Francisco President John Williams said moderate growth and his outlook for higher inflation will allow the U.S. central bank to raise interest rates, while his counterpart in Philadelphia signaled he’s anticipating a hike in December.

Top-rated municipal bonds were unchanged at mid-session, according to traders, who were eyeing Puerto Rico’s debt.

California city officials say the rising share of their budgets demanded to fund pensions reduces their ability to provide services and raises the specter of insolvency.

The Treasury Department said Thursday it will auction $42 billion of 91-day and $36 billion of 182-day discount bills on Tuesday, Oct. 10.

Randal Quarles was confirmed 65-32 as a Fed governor, and by voice vote as the vice chairman of banking supervision.

New York Republican mayoral candidate Nicole Malliotakis assails incumbent Bill de Blasio's track record and outlines her plans for running the city. Hosted by Paul Burton and Chip Barnett.

he value of new factory orders rose by 1.2% in August, rising slightly higher than the expected +0.9% by analysts from an MNI survey.

The municipal market is winding up the week’s primary dealings with a negotiated sale from DASNY as traders eye Puerto Rico bonds.

The U.S. international trade gap narrowed in August to $42.4 billion, following a revised smaller $43.6 billion gap in July.

Initial claims U.S. state unemployment benefits fell by 12,000 to 260,000 in the Sept. 30 week, below the 266,000 level expected.

Treasury and the IRS said they may propose more targeted guidance on political subdivisions.

Uncertainties remain around the state’s water supply, according to a report from the California Department of Water Resources.

The authority is selling state revolving fund debt.

The university and its foundation are on review because of allegations into recruiting violations.

The Senate invoked cloture to begin the process of confirming Randal Quarles as a governor on the Fed board.

Puerto Rico’s debt cannot be canceled by order of the president, restructuring experts and a key congressman said.

The Securities and Exchange Commission will issue a new series of educational materials.

The proposed combination is the latest in a continuing wave of nonprofit healthcare consolidation in Illinois and nationally.

Puerto Rico bonds plunged on Wednesday after President Donald Trump suggested the commonwealth’s debt needed to be “wiped out” to help the island recover from the devastation caused by Hurricane Maria.