Enjoy complimentary access to top ideas and insights — selected by our editors.
The University of Michigan's final November consumer sentiment index reading was 97.5, compared to the preliminary November 98.3 and the final October 98.6, according to market sources.
The expectations index was 88.1 compared to the preliminary November 88.7 and the final October 89.3.
The current conditions index was 112.3, compared to the preliminary November 113.2 and the final October 113.1.
Economists polled by IFR Markets had predicted a 98.3 reading for the main index.
The five-year inflation expectation index was 2.6%, compared to 2.4% in October, while the one-year inflation expectation index was 2.8%, compared to 2.9% in October.
The University of Michigan index is not released to the press, but only to paying subscribers.
LSEG Lipper reported fund inflows of $447 million while high-yield muni bond funds saw another round of inflows at $246 million, marking the 12th consecutive week of positive flows in that space.
Hawaii Gov. Josh Green outlined the state's plan to permanently house everyone displaced by the fire — and how he plans to pay for it during a media briefing.
A bond-financed purchase of the Stanley Hotel in Estes Park, Colorado, which served as an inspiration for Stephen King's The Shining, is being pursued by the Colorado Educational and Cultural Facilities Authority.
In a recently released survey by the Citizens Budget Commission, New Yorkers said they are feeling much less safe, with only 37% rating public safety in their neighborhood as excellent or good, down from 50% in 2017.