Washington

The study provides the first rigorous quantitative evidence supporting the widely held belief that the municipal bond industry benefits from the classification.

VRDO reset rates in California consistently were too high to be justified, a new filing contends.

Ports went into the pandemic with strong revenue models, though they say they need help to ensure they make good on their debts.

Without a return of inflation, rate hikes are off the table, according to Charles Evans, president of the Federal Reserve Bank of Chicago.

Former Fed Chair Janet Yellen referenced a study from the Center on Budget and Policy that suggests the shortfall for just states was $555 billion through 2022. Bernanke agrees.

Both the American Hospital Association and the American Council on Education had urged the Fed to offer nonprofits a lower borrowing rate.

The shroud of uncertainty surrounding further COVID-19 federal rescue aid has many public transit agencies and advocates antsy.

A $9.9 billion emergency bonding bill approved by the Democratic-controlled state legislature Thursday will likely face a legal battle.

Several groups are arguing their case to keep their seats on a smaller board.

Although economic activity increased, an uncertain outlook clouds the future.