WASHINGTON — Initial claims for state unemployment declined 11,000 to 330,000 in the Nov. 17 week, as expected, following a slight upward revision to the previous week’s level, the Labor Department reported Wednesday. Forecasts in a Market News International survey of economists had centered on 330,000 new claims, within a range of 325,000 to 340,000. The previous week’s initial claims level was revised to 341,000 from the originally reported 339,000 level. A comparison of employment survey weeks shows initial claims declined 9,000 in the Nov. 17 week versus the 339,000 level reported in the Oct. 13 week.The analyst described the week as “pretty ordinary,” adding that there was no new information or effect from the recent California wildfires. Seasonals had expected initial unadjusted claims to fall by about 20,000, but they actually decreased by 30,304 in the Nov. 17 week to a level of 325,024.— Market News International
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The bonds refunded of two earlier series of student fee bonds: the taxable Series Z-2 Build America Bonds, and the tax-exempt Series BB-1 bonds.
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LSEG Lipper reported fund inflows of $447 million while high-yield muni bond funds saw another round of inflows at $246 million, marking the 12th consecutive week of positive flows in that space.
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Hawaii Gov. Josh Green outlined the state's plan to permanently house everyone displaced by the fire — and how he plans to pay for it during a media briefing.
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D.C. promises $515 million in improvements to its existing downtown arena.
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A bond-financed purchase of the Stanley Hotel in Estes Park, Colorado, which served as an inspiration for Stephen King's The Shining, is being pursued by the Colorado Educational and Cultural Facilities Authority.
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In a recently released survey by the Citizens Budget Commission, New Yorkers said they are feeling much less safe, with only 37% rating public safety in their neighborhood as excellent or good, down from 50% in 2017.
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