Quoted warning on consumer strain and limited policy room
A quoted figure notes that the economy and consumer are stretched and there is little wiggle room to respond if geopolitical or other unexpected risks materialize, signaling caution for policymakers.
Star U.S. stocks slide on weak data raising rate cut doubt
U.S. stock markets fell sharply as weak data fueled concerns that the Federal Reserve missed its chance to cut rates, threatening growth. The S&P 500 declined about 1.4 percent after a report indicated U.S. Meta Platforms faced pressure amid broader market weakness.
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America
Federal Reserve
U.S
Meta profits offset Nasdaq loss as stocks shrink
Stocks extended a slide with the Dow down 1.2 percent and the Nasdaq slipping 2.3 percent. Gains were cushioned by a solid profit report from Meta Platforms, while Shake Shack remained among the market’s chatter as investors weighed earnings and economic data.
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Wall Street
Meta
Shake Shack
Burgess Sentencing After Child Abuse Trial in Lawrence
The judge denied Dakota Loomis plea for life with parole after 25 years for Burgess, citing a history of misdemeanors and protective order violations. The girl testified Burgess assaulted her from age five at budget motels, a campsite, and the Lawrence Community Shelter, with charges including identity theft and removal of an electronic monitoring device in 2022.
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Burgess
Pokorny
Dakota Loomis
Kansas
Loomis
Suzanne Valdez
Lawrence
Douglas County
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