Initial jobless claims rose 1,000 to 260,000 in the week ended Sept. 10, the Labor Department said Thursday.
Continuing jobless claims were 2.143 million in the week ended Sept. 3, up from 2.142 million the week before.
Economists polled by Thomson Reuters expected 265,000 initial claims and 2.140 million continuing claims.
The four-week average of initial claims was off 500 in the week ended Sept. 10 to 260,750.
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.
