Washington

The United States economy is healthy, according to Federal Reserve Bank of New York President William Dudley, who said he would be surprised if a recession occurred in the next couple of years.

A federal judge found that a former UBS "banking champion" broke the law when he advised customers to use lines of credit to invest in risky closed-end bond funds.

Just a few months after the implementation of new tax legislation, the municipal market has a different look and feel to it. Sean Carney, managing director and head of municipal strategy at BlackRock, discusses what impact the new tax laws have already had on munis, and what other ripple effects the market could see down the road. Hosted by Aaron Weitzman.

Bills on Gov. Nathan Deal's desk would allow creation of a new city of Eagle's Landing at the expense of the existing city of Stockbridge.

The Federal Open Market Committee held the fed funds rate target at a range of 1.5% to 1.75% and tweaked its statement on inflation.

The MSRB said its proposals should be approved, despite objections from dealers and municipal advisors.

The timing of federal grants is an issue because that funding was used as a basis by the U.S. Transportation Department to authorize the use of tax-exempt PABs by the private owner for financing the proposed rail line between Miami and Orlando.

The treasury secretary said such a bill could pass within two months.

The MSRB will ask for market feedback on potential interpretive guidance related to a practice the board worries may impair market liquidity.

Hub airports and general aviation airports located in metropolitan areas missed out on the additional funding they were hoping for.