Inflation Snapshot Sets December Read Amid Fed Hikes
The Labor Department releases December consumer inflation data after November's 7.1 percent rise. Economists expect a 6.5 percent year over year increase, the smallest since October 2021, as the Fed sustains rate hikes. Highflyer Wall Street projects Delta Air Lines will report higher Q4 earnings and revenue, supported by strong travel demand and credit card revenue, offsetting fuel costs.
MENTIONED IN THIS ARTICLE
Labor Department
Federal Reserve
Highflyer
Wall Street
Delta Air
Spotlight
KB Home
Indeed Analyst Sees Durable Labor Market as Rates Rise
Nick Bunker of Indeed Hiring Lab says the labor market showing strong jobs and wage data supports sustainability of growth despite the Federal Reserve's rapid rate hikes. The comments reflect optimism about the economy's health amid tighter monetary policy.
MENTIONED IN THIS ARTICLE
Nick Bunker
Federal Reserve
Wall Street Rallies on Hopes of Cooling Inflation and Fed Easing
Wall Street rose as inflation signs pointed toward further cooling and traders bet the Federal Reserve may ease its pace of rate hikes. The S&P 500 recovered after a soft start, with market breadth narrowing as investors weighed mixed U.S. economic readings and earnings, including Costco Wholesale.
MENTIONED IN THIS ARTICLE
Wall Street
Federal Reserve
U.S
S&p 500
Costco
Judge Discretion Employed in Foster Clary Sentencing
Foster Clary faced a judge who allowed departure from mandatory sentences but declined to justify any reason to depart. McCabrin imposed 29 months for eluding an officer and six months each for aggravated endangerment of a child and felony criminal threat, with the six months run concurrently to each other and consecutive to the eluding charge. Douglas County sentences run consecutively with other counties. 237 days jail credit awarded. prior convictions include theft battery and fleeing from law enforcement per Kansas DOC records.
MENTIONED IN THIS ARTICLE
Clary
McCabrin
Foster
Douglas County
Kansas Department of Corrections
Duckworth case details missing Zoom testimony and bond status
The Journal World reports on Duckworth whose Friday inquiry about Zoom testimony or a further continuance was declined. He was arrested October 1 2022 in the 300 block of Maine Street and held on a 50 000 bond. He remained jailed at the time of this report. At his October 2022 first appearance, A D A Kristen Secrest noted pending California firearm charges and Duckworth planned to travel next month to resolve them. A December 27 2022 letter to Judge Sally Pokorny asked for mercy after missing court dates losing his Lawrence job and belongings.
MENTIONED IN THIS ARTICLE
Seiden
Journal-World
Duckworth
Maine Street
Christen Secrest
California
Sally Pokorny
Lawrence
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