Annual benchmark revisions to the Consumer Price Index, (1982-84 equals 100) resulted in the December CPI headline number being revised to a 0.3% decline from the initially reported 0.4% drop, the Labor Department said Friday.
The December core rate was revised to a 0.1% increase from the first-reported flat reading.
The November numbers were unrevised at a 0.3% decline in the headline number and a 0.1% rise in the core rate.
Munis saw small gains Thursday, continuing the slight turnaround in sentiment the market has seen this week, with muni yields seeing modest bumps each day, said Jeremy Holtz, a portfolio manager at Income Research + Management.
The city is in danger of defaulting on bonds in the next fiscal year, according to Local Government Commission officials who say they will intervene if needed.
The $12.78 billion fiscal 2027 budget agreement unveiled by Republican officials comes as lawmakers prepare for looming federal Medicaid funding cuts.
A presidential address does nothing to quell the price of crude oil as states are now calculating the effects of rising fuel prices on their tax revenues.
Divisions are emerging among Missouri lawmakers over the $50.3 billion fiscal 2027 budget the House passed last Tuesday.
Judge Laura Taylor Swain is allowing the continued examination of a count in which a trustee is challenging fees, and some proceeds, of pre-bankruptcy bonds.
