Markets

Initial claims for U.S. state unemployment benefits fell by 17,000 to 216,000 in the Jan. 5 week, below expectations for a 220,000 level.

New Jersey Transportation Trust Fund Authority was able to increase the size of its deal by half.

Transportation deals from New Jersey and Florida along with sales from Trinity Health and Indiana drew market attention Wednesday.

Labor market “activity increased and momentum remained high in December.”

Proceeds from the bulk of the bond sales will be used to reimburse the hospital for various capital projects.

San Francisco International Airport's bond sale helps fund $7.4 billion capital program.

Strategists sang the praises of munis Tuesday as New York and Massachusetts led a pack of new issues into the market.

Consumer credit increased by $22.1 billion in November to $3.979 trillion, the Federal Reserve reported Tuesday.

S&P Global Ratings cut Coralville to speculative grade citing the added debt burden and financing risks.

The state will issue revenue bonds backed by tax and fee revenues collected from casinos in the state.