Washington

President Donald Trump’s top economic adviser said the White House still backs Stephen Moore for a position on the Federal Reserve Board despite growing criticism over past comments deriding Midwestern cities and women.

Inflation took a step back, according to the Federal Reserve’s favorite indicator, while income edged up in March, ahead of this week’s Federal Open Market Committee meeting, suggesting the Fed will be able to remain patient on rates.

The proposed $12.7 billion project to build a new rail tunnel connecting New York and New Jersey has become a flashpoint between Democratic lawmakers and the Trump administration.

Bond Dealers of America members said they have spent an average of more than $17 million on regulatory costs since the beginning of the 2008 credit crisis.

Andrew Dassori, CIO of Wavelength Capital Management, discusses why it’s getting harder to predict the economy; yield curve inversion; mixed economic signals and headwinds; and how new ideas from the upcoming conference on monetary policy could help transform the Fed. Gary Siegel hosts.

Lower gas prices, remote working, easy driving and new competition from ride-share companies are taking slices of the pie.

In the coming months bond lawyers expect numerous municipal governments to issue new bonds to support investments in Opportunity Zones.

The MSRB said Rule G-29 doesn't make sense anymore since the rulebook can be accessed online.

The audit concluded a year and one day after the sports authority received a letter dated April 4, 2018, informing it that the tax-exempt status of the bonds was being examined.

The court shouldn't accept banker Peter Cannava's "narrow and cramped view of materiality,” the SEC urged.