| Indicator | Last Report | Forecast | Actual |
|---|---|---|---|
| Initial Claims | 1/23: 277,000 | 1/30: 280,000 | 1/30: 285,000 |
| Continuing Claims | 1/16: 2.273M | 1/23: 2.240M | 1/23: 2.255M |
| Productivity | Q3: +2.1% | Q4: -1.6% | Q4: -3.0% |
| Unit Labor Costs | Q3: +1.9% | Q4: +3.8% | Q4: +4.5% |
| Factory Orders | Nov.: -0.9% | Dec.: -2.6% | Dec.: -2.9% |
The incoming Bond Buyer Hall of Famer built public finance businesses at U.S. Bank and Academy Securities by combining experienced teams, issuer trust and a clear reason for clients to choose a new franchise.
The SEC has issued a proposal to rescind its "pay-to-play" rule relating to investment advisers. The rule "was modeled, in large part," on MSRB Rule G-37, Commissioner Hester Peirce said.
Indiana illustrates both the shifting political risk for data centers and the direction of the infrastructure finance discussion on this issue.
Oregon Gov. Tina Kotek canceled plans for a Salem data center in July. Her new edict goes further.
This week's new-issue calendar is sizable, NewSquare Capital's Kim Olsan said, given fairly light September redemptions. Around a third of the $15 billion calendar is tied up in deals from New York City and Alabama.
The incoming Bond Buyer Hall of Famer helped build Citi into a dominant municipal underwriting franchise by making complex finance understandable, actionable and useful to issuers.
