Washington

Federal Reserve interest-rate hikes are causing the U.S. trade deficit to widen, not unfair Chinese trade practices, former Fed Chair Janet Yellen said.

Federal Reserve Bank of San Francisco President Mary Daly said U.S. policy makers ought to be gradually lifting interest rates to bring an economy that’s running above potential in for a soft landing.

The dollar value of net pension liabilities rose in 43 states while the dollar value of outstanding tax-supported debt rose in 17 states, the report said.

The board stands by its chief economist's conclusions after criticism from the Bond Dealers of America.

The vote ends the effort to create a new city and ends the legal debate over who would have been responsible for Stockbridge bond debt.

The MSRB should tread carefully in basing future research or rulemaking on its July study of secondary market spreads, BDA said.

Katano Kasaine, director of finance for the City of Oakland, Calif., and Noreen White, co-founder of Acacia Financial Group, will receive the 2018 Freda Johnson Award for Trailblazing Women in Public Finance.

The incoming chairman of the House Transportation and Infrastructure Committee is optimistic of striking a deal with President Trump on major infrastructure legislation, noting that House Democrats will need White House support to get the Republican-controlled Senate on board.

The Federal Reserve left interest rates unchanged and stayed on course to hike in December,

Todd Barker appears prepared to have negotiated a monetary settlement with the SEC, while Dwayne Edwards plans to contest the SEC's motion in court.