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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Dec 14, 2024
Page
8
The Commerce Department reports October retail sales up 0.4 percent from September, led by stronger spending at auto dealers, restaurants, and electronics and appliance stores. Economists expect a 0.5 percent rise in November.
Federal Reserve officials finish a two day meeting and issue an interest rate policy update. They cut the main rate by a quarter point last month after a September half point cut, with expectations of another reduction this month amid mixed committee signals. The National Association of Realtors will release its latest housing data with economists forecasting November existing home sales at an annual rate of 4.01 million as October gains noted.
U.S. markets finish a volatile week with the S&P 500 virtually flat while Broadcom and other names show mixed moves. Broadcom rose on strong results and dividend, while Newmont declined as gold prices eased.
A recorded exchange shows pop star Taylor Swift chatting with a young fan about Brock Purdy and the Super Bowl, where Patrick Mahomes led the Chiefs to a 25 22 overtime win over the 49ers. The dialogue covers Swift’s feelings about Purdy and a budding interest in Travis Kelce.
The city allows payment arrangements for utility bills with deadlines to avoid disconnection and a reconnection fee. Plans cannot be reinstated after a breach. Signups are through lawrence.org/utility-billing or by calling 785-832-7878. The program previously ran in 2021 and 2020 during the COVID moratorium.
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