WASHINGTON — Business inventories rose 0.6% in August, while sales crept up 0.1%, the Commerce Department reported Friday.
Economists expected business inventories to increase 0.5% for August.
Retail inventories grew 1.0% and retail inventories excluding motor vehicles were up 0.2%.
In July, inventories rose 1.1%, while sales increased 0.8%
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.
