Washington

The U.S. economy isn’t likely to slip into recession anytime soon, and there is no reason for the Federal Reserve to cut interest rates, former Fed Chair Janet Yellen said.

The American economy looks on track for continued growth, though the inversion of the yield curve may be signaling that the U.S. central bank may have set policy too tight.

The House Natural Resources Committee has scheduled a May 2 hearing to examine the successes and failures of PROMESA.

Presidential candidate Sen. Amy Klobuchar rolled out her trillion dollar infrastructure plan, supporting Move America and Build America bonds.

Capital Finance Director David Erdman emphasizes that the Wisconsin's bills and debt service will be paid even if the state budget is late.

The addition of the conservative pundit could signal the Trump administration's intent to have a more direct hand in central bank policies, yet Moore could experience his own transformation as a Fed governor.

A former municipal advisor accused of billing a city thousands of dollars for services it did not receive is now facing criminal fraud charges.

Stephen Moore, whom President Donald Trump said he’ll nominate for a seat on the Federal Reserve, owes more than $75,000 in taxes and other penalties, according to the U.S. government.

The Senate on Wednesday debated a $13.45 billion disaster aid bill that would require Puerto Rico to assume a local share of additional FEMA aid rather than the 100% federal share in a bill passed by the House.

As Congress prepares work on an infrastructure package, the transportation secretary endorsed private funding through pensions and endowment funds.