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Puerto Rico’s federal overseers are poised to raise their forecast for the island’s budget surplus over the next four decades after an influx of aid and rebuilding from last year’s storm is expected to give a jolt to the economy.

Existing home sales were flat at a seasonally adjusted 5.34 million-unit rate in August.

The composite of the Leading Economic Index was up 0.4% in August following a 0.7% gain in July, the Conference Board said Thursday.

Despite being in a relatively stable environment, there are many factors to remain diligent about, according to Matthew Gastall, executive director at Morgan Stanley Wealth Management. He discusses ratios, macro factors, spreads and key cycle indicators and cautions on local GO and transportation credits heading into the late cycle. John Hallacy is host.

U.S. filings for unemployment benefits unexpectedly fell for a third straight week to a new 48-year low.

Manufacturers report expanding at a quicker rate in September, and the Federal Reserve Bank of Philadelphia Report on Business respondents reported “diminished price pressures this month.”

President Donald Trump plans to nominate Nellie Liang, a former Federal Reserve economist with expertise in financial stability, to the central bank’s Board of Governors.

States reported a 20.2% jump in the issuance of private activity bonds from the $20.4 billion issued in 2016.

A pilot program for the new Series 54 exam should be available early next year, the MSRB announced.

Columbus and Cincinnati are faring better than Cleveland and many other regions of Ohio, according to Moody's Investors Service.