Initial jobless claims fell to 453,000 for the week ending May 29, the Labor Department reported yesterday.
Continuing claims rose to 4.666 million for the week ending May 22.
Economists expected 450,000 initial claims and 4.60 million continuing claims, according to the median estimate from Thomson Reuters.
Initial claims for the week ending May 22 were revised higher to 463,000 from the 460,000 reported last week. Continuing claims were revised to 4.635 million from 4.607 million.
The law firm revealed 2024 promotions.
As the nation's fourth largest city faces a growing structural budget deficit, it is also expecting to issue more than $3 billion of debt for its airport, water and sewer system, convention center, as well as to fund a settlement with firefighters and for cash-flow purposes.
The extension of the current solar net metering system could lower revenue for the utility.
The finance team is "marketing slices of risk" to raise money to refinance its debt, investors said.
John Fleming is pushing back against a proposal in the state Legislature to change the way the state Bond Commission oversees the issuance of debt by cities, counties and local governments and entities.
Despite higher yields, muni to UST ratios remain rich. Ratios look "progressively richer" moving into the five- to 10-year part on the curve, with the 10-year spot "still far more attractive in taxables versus tax-exempts," J.P. Morgan said.
