Markets

The consumer price index fell 0.1% in May, and the core rate rose 0.1%, the Bureau of Labor Statistics reported Wednesday.

Top-quality municipal bonds finished mixed on Tuesday, traders said, as the state of Wisconsin came to market with a sale of general obligation bonds and investors awaited the Federal Open Market Committee's decision on interest rates.

Weak reserve levels led S&P Global Ratings to downgrade Suffolk County, N.Y.

National Public Finance Guarantee got a vote of confidence from Kroll Bond Rating Agency a week after S&P Global Ratings put the MBIA Inc. municipal bond insurance unit on credit watch negative.

Top-quality municipal bonds were mixed at mid-session, traders said, as the state of Wisconsin came to market with a sale of general obligation bonds.

Academy Securities hired Kevin Steinhauer as director of municipal trading, part of a build-up of the veteran-owned firm's muni business.

Financial woes in Illinois raise a red flag for investors in state and local bonds.

Municipal bond traders are awaiting the start of this week's new issue sales.

Pennsylvania Gov. Tom Wolf signed a pension overhaul compromise bill.

Business inflation softened in May as services - including profit margins - were firm, but goods prices counterbalanced with a big decline.