WASHINGTON — Initial jobless claims fell 22,000 to 405,000 in the week ending July 9, the Labor Department reported Thursday.
Continuing claims for the week ending July 2 were 3.727 million.
Economists expected 415,000 initial jobless claims and 3.670 million continuing claims, according to the median estimate from Thomson Reuters.
Initial claims for the week ending July 2 were revised up to 427,000. The continuing claims figure for the previous week was revised to 3.712 million.
The bond plan, a key priority for Mayor Brandon Johnson, will be paid for with revenue gained by letting tax increment financing districts expire.
Moody's Ratings on Monday revised Illinois' outlook to positive from stable and affirmed the state's A3 issuer rating and the A3 rating on its GO debt.
"Bifurcated demand reflects the persistent bid strength from [separately managed accounts] and retail investors, not to mention more accounts marshaling cash and liquidity up front while the Fed perspective evolves," said MMA's Matt Fabian.
In a move that kicks the can down the road at the very least, the Commission has begun a process that often results in outright rejection.
The 2022 law, which has so far banned three major investment banks from underwriting municipal bonds in Oklahoma, could be amended to limit its reach to state agencies.
The SEC has won a partial victory against Choice Advisors and its principal Matthias O'Meara for their role in acting as unregistered brokers and for engaging in a fee-splitting arrangement.
