Washington

Steven Friedman, senior economist at BNP Paribas Asset Management, discusses the flattening yield curve, the neutral rate and Federal Reserve rate hikes. Gary Siegel hosts.

The first phase of the long-delayed Gateway project under the Hudson River is "shovel ready" and ready to take flight once the Trump administration provides the green light, according to New Jersey Gov. Phil Murphy.

Congress could pass legislation authorizing advance refundings and liberalizing private activity bond restrictions to aid in disaster recovery, NABL said.

The Senate voted 85 to 14 on Wednesday, mostly along party lines, to confirm Republican Elad Roisman to become a member of the Securities and Exchange Commission for a term expiring June 5, 2023.

The yield curve could invert later this year, but unless it's prolonged, it may not signal a recession.

The yield curve and other market signals give better clues about the economy in the current environment.

The bill would make permanent the lower tax rates for individuals and small businesses and the $10,000 federal cap on state and local tax deductions.

The SEC is sorting out those charged with engaging in a large multi-year "flipping" and kickback scheme.

SEC Chairman Jay Clayton cited Rebecca Olsen's "deep knowledge of the U.S. municipal bond market" and focus on "integrity and transparency" in naming her director.

As central banks the world over find their place in the monetary policy tightening cycle, the one at the helm is the most at risk of falling behind on interest-rate increases.