Washington

BVAL marketed its bond valuation methods as sophisticated but sometimes based the valuation on a single broker quote, the SEC said.

The Eleventh Circuit Court of Appeals has issued an opinion that blocks Treasury from enforcing the "tax cut ban" against 13 states.

Speaking at an event hosted by the Council on Foreign Relations, Federal Reserve Gov. Christopher Waller said the Federal Reserve has a long runway for its balance sheet reduction.

Treasury's move is the latest by the federal government to enforce its Offset Provision that bars states from using ARPA funds for tax cuts.

High-speed rail connecting Portland, Seattle and Vancouver, B.C. would spark $355 billion in economic development, supporters say.

Kansas City Fed President Esther George said officials don't want to raise interest rates by so much that policy becomes overly restrictive and the economy can avoid a sharp downturn.

The company transferred its second party opinion business and analytical staff to Moody's Investors Service from Moody's ESG Solutions in October.

In a speech delivered Thursday afternoon, the Federal Reserve's vice chair said she does not see a wage-price spiral driving inflation, but rather a "price-price spiral."

A panel discussion hosted by the Volcker Alliance explored the future of American cities

Transportation sectors from airports to toll roads are expected to remain stable despite a likely recession and high inflation and interest rates, ratings analysts said.