Washington

The bill would restore an important source of liquidity for state and local governments and the financing of critical infrastructure projects in communities across the nation.

The court’s announcement on Friday that it will hear arguments in South Dakota v. Wayfair comes as lawmakers have been divided over the online sales tax issue.

The gradual rate hikes will continue even as inflation remains below the Federal Reserve’s 2% target, Federal Reserve Bank of Boston President Eric Rosengren said Friday.

Three firms and an individual were fined a total of $187,500 for a range of rule violations related to the use of alternative trading systems, spending during rating agency trips, unsuitable trading, and untimely reporting of munis.

Experts are uncertain how significant the decline in multifamily housing bond issuance in 2018 might be.

Although he continues to maintain that two rate hikes this year are appropriate, Federal Reserve Bank of Philadelphia President Patrick Harker said Friday he is closely monitoring the flattening yield curve.

The Federal Reserve will raise interest rates in March, followed by one or two more in 2018, former Fed Gov. Randall Kroszner predicted Thursday night.

New York City Councilmember Daniel Dromm will take over as Chair of the finance committee, assuming a key role in budget negotiations with the mayor’s office.

The first meeting of the Securities and Exchange Commission’s Fixed Income Market Structure Advisory Committee focused mostly on corporate bonds and barely addressed the municipal securities market.

Low interest rates may not be a “serious problem” and while tax reform will support near-term growth, it will add to the long-term burdens on the economy, Federal Reserve Bank of New York President William Dudley said Thursday.