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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Dec 01, 2021
Page
8
The Commerce Department releases a monthly tally showing construction spending up this year driven by demand for new homes. Economists forecast a 0.5 percent rebound in October after September’s 0.5 percent decline, the first monthly pullback since February.
The quote states the economy is very strong with high inflationary pressures. It argues for wrapping up the taper of asset purchases sooner, possibly within a few months.
Hanley sentenced Spotted Horse to 61 months per count totaling 1911 months after he pleaded no contest to two felony charges. The judge called the sentence the maximum under guidelines, citing the victims as children in his care and his abuse of trust. The case traces back to 2007 and 2017 events with charges initially six counts, four later dropped. Spotted Horse has remained in custody on a $500000 bond.
Wall Street extended losses after the Federal Reserve chief signaled it may reduce its financial market support sooner than anticipated. Energy stocks declined as crude oil and natural gas prices fell, pulling the sector lower.
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