The U.S. fourth-quarter employment cost index rose 0.5% for overall compensation costs to civilian workers, the Labor Department reported Friday.
Economists polled by IFR Markets predicted a 0.7% rise in the index.
In the third quarter, the civilian index was up 0.7%, with wages up 0.7% and benefits up 0.6%.
Friday price talk for the unrated tax-exempt paper was between 11% and 15%.
The board approved that step at its second quarter board meeting held this week.
The Inflation Reduction Act, affordable housing and clean energy were among the topics discussed at Baker Tilly's DevelUP conference in Chicago this week.
The replacement Hollywood Burbank Airport terminal won't have more gates, but will be less cramped and resolve its noncompliance with FAA safety regulations.
"Folloing recent yield moves, a generic muni index is now down 1% on the month with no real sub-sector showing much deviation from that result," said Kim Olsan, senior vice president of trading at FHN Financial.
The law firm revealed 2024 promotions.
