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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Jan 15, 2023
Page
12
Widespread flight cancellations and delays followed a NOTAM system outage as FAA detected a damaged database file. The failure paused takeoffs for hours and prompted a government investigation and steps to prevent a repeat, with 1,300 plus flights canceled and 9,000 delayed by evening on the East Coast.
US inflation slowed to 6.5 percent in December marking the sixth straight monthly decline. Prices fell 0.1 percent from November to December, while core prices rose 0.3 percent month over month and 5.7 percent from a year earlier. The Fed is seen likely boosting rates by at least a quarter point at the end of January.
U S jobless claims for the week ending January 7 fell to 205000, down 1000 from the prior week, with the four week moving average at 212500. The figures reflect a resilient labor market as Fed efforts to cool growth continue.
iMoneyNet Inc provides weekly rankings of top stock performers and laggards across industries. The report highlights leading gainers and decliners, offering a snapshot of sector momentum for investors and market watchers.
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