Washington

The market is in a bit of a lull right now as it braces for a deluge of economic data, which could spark volatility, said Jeff Timlin, a partner at Sage Advisory.

Federal Reserve Gov. Christopher Waller said in a speech Monday that private and public-sector data suggests that the labor market is continuing to weaken, making a 25 basis point rate cut in December a prudent choice.

The scheme cost at least 99 victims $5.7 million, the U.S. Attorney's Office for the Eastern District of Missouri said.

Bank of America provided a letter of credit for Harvard after the Trump administration put it on a list usually reserved for vocational and beauty schools. 

Two House municipal finance caucus members are running for Senate next year.

For munis, the end of the shutdown helps steady the backdrop, said James Pruskowski, an investor and market strategist.

Rural providers face $137 billion in federal Medicaid cuts from the One Big Beautiful Bill Act.

Fed Gov. Stephan Miran has spent his short tenure at the central bank arguing that disinflation in housing and immigration reforms will tamp down inflation in the near term. But other economists say the timing, degree and context of those effects is very much in question.

The decline in muni enforcement actions is part of a broader trend at the SEC.

The Treasury secretary highlighted the impacts the bond market has on affordability and previewed regulatory tweaks the administration is eyeing to keep yields stable and credit flowing.