Markets

Sycamore Advisors taps muni veterans Dominick Setari and Chris Valentino to help build its Northeast muni business.

Fitch Ratings dropped the South Carolina utility’s rating two notches to A-minus and revised the outlook to negative, citing a legal claim by its largest customer.

Chicago is heading to market Thursday with a scaled-down version of sales tax securitization bonds.

Business inventories were up 0.3% to $1.967 trillion in September, while sales were 0.4% higher at $1.468 trillion, the Commerce Department reported Thursday.

Chicago is coming to market Thursday with its delayed sales tax securitization bonds.

Import prices were up 0.5% in October, up 0.2% excluding petroleum.

Initial jobless claims rose 2,000 to 216,000 in the week ended November 10, the Labor Department said Thursday.

U.S. retail sales rose in October by the most in five months on purchases of autos, fuel and building materials.

Manufacturers report expansion at a slower rate in November.

Prices paid remained elevated, employment levels rose and business activity expanded faster in November, according to the Empire State Manufacturing Survey.