"The threat of having both inflation and unemployment rising simultaneously continues to create a big headache for the Fed's interest policy," said Wells Fargo Investment Institute global fixed income strategist Luis Alvarado.

Speakers discussing how the U.S. will fare in the world post-Trump trade war and anti-immigration policies were largely optimistic.

The spending plan for the fiscal year that begins July 1 was balanced through an ongoing reorganization of city government, according to Mayor John Whitmire.

The U.S. Department of Transportation rolls out $3.2 billion via 329 infrastructure grants that will fund more than 3,200 projects that the agency contends were tangled up in red tape and DEI requirements.

The law prohibits state and local government contracts worth $100,000 or more with companies that "discriminate" against the firearm industry.

Legislation would overhaul Dallas Area Rapid Transit's financial structure in a way that could impact outstanding debt and derail bonds for Austin light rail.

Amid deep cuts to public K-12 schools, the proposed budget would boost charter school investment as the administration said "more local school options are needed."

Bessent explained why he thinks Trump's tariffs, tax cuts and deregulation will create fertile ground for investors in a speech at the Milken Institute's global conference.

With a funding agreement in the state budget, the Metropolitan Transportation Authority is gearing up to start capital repairs — and find $3 billion of savings. 

Lawmakers are putting the final touches on the budget, and Gov. Kathy Hochul said there is broad agreement. Federal cuts may yet scramble everything.