Markets

U.S. consumer prices rose less than expected in June amid falling utility prices and a record decline in hotel costs.

Two Dallas-area school districts put their recently approved bonds up for sale to a receptive market.

Requests for municipal bond identifiers rose in June for the fourth month in a row as the Dormitory Authority of New York sold $1.79 billion of bonds to a supply-starved market.

The league tables show a return to normal from the first quarter, when PFM, Citi and JPMorgan all placed lower than usual.

The Central Puget Sound Regional Transit Authority is expanding its rail and bus services in the Seattle region.

Municipal bonds were stronger at mid-session as a swell of supply swept into the market on Wednesday.

Labor market “activity declined and momentum remained high in June,” as the Federal Reserve Bank of Kansas City Labor Market Conditions Indicators (LMCI) slid to 0.77 from 0.91 in May.

May wholesale inventories increased by 0.6%, revised upward from the 0.5% gain reported in the advance estimate.

U.S. wholesale prices rose in the 12 months ended in June by the most since November 2011 as the costs of services accelerated.

A large share of the refundings that saved the city hundreds of millions of dollars wouldn't be possible now that advance refundings are eliminated, a city official said.