Washington

They say a report shows state could shave billions off interest costs if it borrows to pay down the state's unpaid bill backlog.

Lloyd Blankfein, who was Gary Cohn’s boss for more than a decade at Goldman Sachs Group Inc., endorsed his former deputy’s qualifications to run the Federal Reserve.

Federal Reserve Board Vice Chair Stanley Fischer said he will resign from the Board of Governors on or about Oct. 13.

Mayor Rahm Emanuel will introduce an ordinance Wednesday to pave the way for the new bonds.

If Trump nominates Robert Jackson and the Senate confirms Peirce and him, the SEC would be full.

The case stems from a state denial of a grant for a playground at a church's child learning center.

While many would prefer the SEC's MCDC Initiative be a distant memory, late last month the SEC's Chief of the Enforcement Division's Public Finance Abuse Unit reminded issuers and underwriters alike that they will continue to be held accountable when they fail to provide investors with an accurate picture of past compliance with continuing disclosure obligations.

The Federal Reserve’s rate hikes over the past year and a half may be harming the economy, Federal Reserve Bank of Minneapolis President Neel kashkari said Tuesday.

The Federal Open Market Committee must be confident inflation will rise to the 2% target before raising interest rates again, Gov. Lael Brainard said Tuesday.

Federal Reserve Bank of New York President William Dudley was investigated and cleared by an outside law firm for failing to disclose his half-sister’s position as an executive at Wells Fargo & Co., according to an annual disclosure filing.