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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Aug 15, 2023
Page
8
Home Depot releases its fiscal second quarter results amid expectations of lower earnings and revenue from the prior year. Wall Street forecasts reflect weaker demand, echoing the softer first quarter driven by lumber deflation and bad weather.
The National Association of Home Builders Wells Fargo Housing Market Index sits at 56 for last month the highest since June 2022 readings above 50 signal positive sentiment amid strong demand and dwindling inventory of existing homes.
U S Steel said it has received multiple offers after rejecting a buyout bid from Cleveland Cliffs. Star Wall Street rose ahead of a week of consumer spending reports as hopes persisted that strong U S shoppers could shield the economy from a recession. The S P 500 edged up 0 6 percent. PayPal shares climbed after naming Alex Chriss as its new chief executive effective September 27.
KU directs exiting dorm traffic east on 15th Street then south on Naismith Drive with shuttle service to the Daisy Hill area and a marked walking path with water for walkers. A new check-in lot near Allen Fieldhouse replaces Park & Ride and West Campus spaces, as the latter two areas are under the Crossing project. The Daisy Hill district and nearby residence halls on 11th and Louisiana and 19th Street and Ousdahl Road are expected to see congestion with about 5,000 on-campus students and classes starting Monday, Aug. 21.
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