Washington

J.W. Korth & Co. was found to have charged excessive markups in 38 sales of municipal securities.

Analysts homed in on the phrase “some time” and the absence of rate cut discussion in the minutes of the last Federal Open Market Committee meeting..

The new guidance issued Wednesday under Notice 2019-39 covers, among other things, Tribal Economic Development Bonds and direct-pay Build America Bonds.

Municipal market participants are increasingly skeptical that an infrastructure bill will pass this year.

The latest slip in inflation will likely be short-lived and interest rates could stay where they are “for some time.”

Adding $374 million alleged in New York to the three other cases also filed by Johan Rosenberg brings the total damages claimed to $1.58 billion.

Trade issues with China should end with a deal, leaving the U.S. economy mostly unscathed, the Federal Reserve Bank of Boston president said.

The Trump administration canceled $929 million of funding that had been appropriated for California high-speed rail.

The MSRB is requesting comment on whether Rule G-23 is still relevant and whether it helps the MSRB achieve its objectives of protecting issuers and investors.

Two Federal Reserve Bank presidents discussed how trade policy is effecting the economy; neither seemed ready to cut interest rates.