The accelerating growth of Cape Coral, Florida, is spurring the town to tap the municipal bond market for basic needs like running water and working toilets.

A BlackRock Inc.-backed plan to build a pipeline that would capture carbon emissions from the US corn ethanol industry was scrapped in the face of regulatory obstacles and opposition from landowners.

Federal Reserve policy makers risk slamming the brakes too hard on the economy by reacting aggressively to each data point that comes in, said Mohamed El-Erian, the chief economic adviser at Allianz SE. They should, he said, establish a longer-term vision for where interest-rate policy is heading.

Investors in Argentine assets are bracing for losses ahead of Sunday’s presidential election, with uncertainty high as voters grapple with triple-digit inflation and economic gloom.

President Joe Biden unveiled a nearly $106 billion request for emergency funds to arm Israel and Ukraine and to reinforce the US-Mexico border, in hopes that a comprehensive package could help speed passage through the fractured political climate on Capitol Hill.

Oil advanced, heading for a second straight weekly gain, as geopolitical tensions ratcheted higher in the Middle East.