Markets

Personal income rose 0.4% in June following an unrevised 0.4% increase in May, the Commerce Department reported Tuesday.

U.S. employment costs accelerated in the second quarter from a year ago by the most in this expansion on faster growth in worker pay and benefits.

The June Midwest Economy Index slipped to 0.40 from an upwardly revised 0.58 in May.

Despite recent softness, the supply demand imbalance is uplifting the market, according to a new report.

The MSRB is hurrying to release multiple rounds of guidance on its pending muni advisor advertising rule, but industry groups say the first round could use some polish.

Municipal bonds were mixed ahead of this week’s $4.4 billion calendar.

The West Virginia Parkways Authority prices senior lien turnpike toll revenue bonds Tuesday as part of the state’s Roads to Prosperity Program.

Texas factory activity growth, as measured by the production index, suggested a “robust expansion.”

Pending home sales gained 0.9% to an index reading of 106.9 in June.

The pension funding problems reflect several decades of underpayments, said Rep. Jonathan Steinberg, who chairs a commission formed to tackle the problem.