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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Aug 12, 2021
Page
8
The Labor Department reports weekly unemployment benefit claims with economists expecting 375 000 filings last week down from 385 000 two weeks earlier. Disney prepares fiscal Q3 results as Wall Street expects higher earnings and revenue amid recent travel and streaming trends.
Economists forecast the Labor Department will report a 0.6 percent seasonally adjusted increase in the producer price index for July, slowing from June’s 1 percent rise. Over the year ending in June, wholesale prices climbed 7.3 percent, the largest 12 month gain since 2010.
International Data Corp analyst Nabila Popal notes slow sales for pricey foldable models including Samsung Galaxy 7 Fold 2. The stock market briefing highlights investor caution as demand remains weak and prices stay high.
Banks and industrial firms helped lift stocks on Wall Street on Wednesday as the S&P 500 and Dow edged above the record highs set a day earlier. Norton LifeLock and Avast deal was cited while weight loss operator WW reported Q2 results missing forecasts.
LMH announced 15 active COVID inpatients today with 46 inpatients since June 15. Of those, 37 are unvaccinated, 7 fully vaccinated, and 2 with one dose. Douglas County’s 14 day daily case average rose to 27.43, and 95 new cases since Monday push active cases to 652. Total county cases exceed 10,100 with 86 deaths.
LMH officials report burnout among nurses as hospital care strains increase. Tanya Eckhardt says vaccinated neighbors still worry hospital staff. Lawrence Douglas County Public Health urges masks for 2 plus and vaccines for 12 plus, with test resources at Imh.org. Incident Command monitors supply chains to prevent shortages.
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