Market volatility lifts as week opens with inflation and oil risks
The week ahead features data early in the period from the Treasury on short term bills and the Commerce Department on June retail sales and May inventories. Inflation indicators including the producer price index and consumer price index dominate the economic calendar as oil moves higher. Major corporates such as U S Bancorp Delta Air Wells Fargo Yum Brands and Textron post second quarter earnings with varied results.
MENTIONED IN THIS ARTICLE
Wall Street
Fannie Mae
Freddie Mac
Treasury Department
Commerce Department
Labor Department
U.S. Bancorp
U.S
Federal Reserve
Delta Air Lines
Comair
Cedar Rapids
Wells Fargo & Co
Wells Fargo Bank Iowa
Yum! Brands
KFC
Pizza Hut
Taco Bell
Long John Silver
A&w
HMI Corp
Muscatine
Textron Inc
Decorah
Airline Fare Notes From Various Sources
Fares shown are subject to taxes charges and fees unless stated otherwise. Prices assume off peak midweek travel with limited flight dates and times. Sources include Allegiant Orbitz Priceline CheapFares and others.
Filiz Thayer a Mediterranean market owner and nurse
Filiz Thayer 38 owns Akdeniz Market at 424 Loth Ave Coralville selling Turkish Greek Italian Spanish and North African goods. She works part time as a unit clerk in the University of Iowa Hospitals child psychology unit and raises three sons Daniel 12 John and Drew 8. family life shapes her career and plans.
MENTIONED IN THIS ARTICLE
Filiz Thayer
Akdeniz Market
Loth Ave
Coralville _s
Turkey
Greece
Italy
Spain
Morocco
Tunisia
Mike
Daniel
John
Drew
University of Iowa
Iran probes oil field near Andimeshk holds over a billion barrels
Iranian state TV reports a newly found oil field near Andimeshk in Khuzestan holds about 1.1 billion barrels with roughly 220 million barrels deemed recoverable. Oil Minister Nazari made the remarks, noting Iran’s status as a top global producer and second in OPEC output.
MENTIONED IN THIS ARTICLE
Tehran
Iran
Gholam Hossein Nazari
Andimeshk
Khuzestan
OPEC
Artist finds hope amid Cedar Rapids flood upheaval
Leonardo, an artist from Juarez now in Cedar Rapids, loses tools but gains an art residency at Paul Engle Center for Neighborhood Arts. He and Ana moved to a Pheasant Run apartment on June 13 during the flood, and he plans to recover tools and continue public art with children and students.
MENTIONED IN THIS ARTICLE
Ana
Electrical Components International
Maytag
Amana
Cedar Rapids
Leonard
Leonardo
Mexico City
Central America
Juarez
University of Juarez
Johnson School of the Arts
Wellington Heights
Paul Engle Cen
Neighborhood Arts
Fourth Ave
Iowa to Mail Smoking Ban Warning Letters to Businesses
Iowa Department of Public Health plans to mail warning letters to business owners where state officials found smoking violations. So far 19 warnings issued. second warnings trigger law enforcement notes and potential tickets. Fines include 50 dollars for smokers and up to 500 dollars for repeat offenses within a year. About 240 complaints had been received as of Friday.
MENTIONED IN THIS ARTICLE
Iowa
Short line railroads seek federal loan changes in Iowa
Iowa short line railroads press for a proposed federal loan tweak to aid disaster repair. Reps. Bruce Braley and Dave Loebsack would cut interest to 1 percent, extend to 35 years, and relax collateral rules under the Railroad Rehabilitation and Improvement Program. Iowa Northern cites $6.4 million in flood damages including a $5 million Waterloo bridge. Cedar Rapids & Iowa City Railway and Iowa Chicago & Eastern also report bridge losses.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa
Bruce Braley
Dave Loebsack
Iowa Northern Railroad
Daniel Sabin
Iowa Northern
Waterloo
William Manweiler
Dunkerton
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