Washington

Marvin Goodfriend, a top U.S. monetary economist who was nominated by President Donald Trump to serve as a governor of the Federal Reserve Board, has died at the age of 69.

Implementation Guidance 2020 covers leases, fiduciary activities, asset retirement obligations, conduit debt obligations and amendment to parts of implementation guides issued in 2015 and 2017.

The Financial Industry Regulatory Authority found D.A. Davidson & Co. provided inaccurate pricing in issue price certificates.

The $10.2 billion is designated for long-term mitigation work to prevent a future recurrence of the damage and to make electrical grid improvements that will withstand future storms.

The U.S. trade deficit narrowed to $47.2 billion in October, the smallest shortfall since May 2018.

Kenneth E. Bentsen Jr., the securities industry trade group's CEO, warned against a proposal to exempt some muni advisors from registering as broker-dealers.

Peter Ireland, an economics professor at Boston College and a member of the Shadow Open Market Committee, discusses why the Fed’s 2019 “reversal” made sense, the economy, low inflation, how referencing a rule could help the Fed with monetary policy, and the biggest challenge facing the central bank. Gary Siegel hosts.

The state should allocate $4 billion, the majority of its 2020 private activity bond allocation, to affordable housing, said the California Housing Consortium.

The Federal Reserve’s banking regulation chief granted that Wall Street may have been right that the agency shares blame in September’s alarming strain in money markets.

The survey of 17 economists found they were split over the next interest rate move by the Federal Reserve.