With tax and rate hikes on the horizon, a surge in high-earning American households sets up robust demand for munis.
Private equity firm is said to want Paramount Global's studio operations.
Global stocks and bonds gained following the Fed's announcement.
The proposal sets the stage for an election-year fight with President Biden, who accused the GOP of going after entitlement programs during his State of the Union address.
Policymakers now see just three rate reductions in 2025, down from the four they forecast in December, following a recent uptick in inflation.
The firm is vying to be a top player in a an industry that's projected to grow to $11 trillion by 2028.
The size of award underscores Citi's desire to overhaul its struggling wealth division.
The latest Federal Open Market Committee decision on rates is due at 2 p.m. in Washington.
The Texas State Board of Education delivered the blow Tuesday.
The completion of the country's general elections is set to spark interest.
