Markets

Total industrial output was 3.5% higher in May than it was a year earlier.

New York State business activity continued to grow strongly in June, according to the Empire State Manufacturing Survey.

There was friction about the integrity of the muni market during a panel discussion Thursday, but the committee agreed to move along with some disclosure recommendations.

Municipal bonds were mixed on Thursday as a New York issuer competitively sold $1.6 billion of notes.

A conservative budgeting approach in the wake of severe fiscal distress led S&P Global Ratings to revise its outlook to positive.

The state Supreme Court's reaffirmation of a 2015 pension overhaul settlement is credit positive for Rhode Island, according to Moody's.

Municipals qwere mixed a day after the Federal Reserve raised interest rates while in the primary, a New York issuer competitively sold $1.6 billion of notes.

Business inventories in April rose 0.3%, as expected data released by the Commerce Department showed.

Import prices rose 0.6% in May, while export prices also gained 0.6%, the Labor Department reported.

Initial jobless claims fell 4,000 to 218,000 in the latest reporting week, the Labor Department reported.