Washington

A twenty year-old problem is thwarting the influx of IIJA Funds.

Central bankers must augment what they learn from incoming data with clues gleaned from the real economy and avoid putting too much weight on financial markets, said Federal Reserve Bank of Chicago President Austan Goolsbee.

The fresh guidance seeks to end a debate over how to prioritize federal transportation funds that's dogged Biden administration officials for more than a year.

The Internal Revenue Service challenged the status of Hampton County School District's $14,000,000 general obligation Qualified School Construction Bonds.

The IRS has published its final regulations on e-filing of Form 8038-CP and will require electronic filings beginning with returns filed after Dec. 31, 2023.

The Office of Recovery Programs Contact Center helps municipalities with American Rescue Plan Act funding questions.

The idea for a national infrastructure bank has resurfaced in Congress, with advocates saying it will attract private equity and pension funds to fill a gap that federal money can't address.

A spate of derailments is a unique issue for the Washington Metropolitan Area Transit Authority amid the challenges all transit agencies face post-COVID.

Cleveland Fed President Loretta Mester said a bigger-than-expected rise in the central bank's preferred inflation gauge shows the need to keep raising interest rates.

Mohamed El-Erian says the financial markets are starting to doubt whether the Federal Reserve can bring inflation down to its 2% target.