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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Jan 22, 2025
Page
8
The Mortgage Bankers Association reports a 33 percent week-to-week surge in mortgage applications amid rates rising to 7.04 percent, the highest in eight months. An MBA spokesperson cautions that activity is volatile this time of year and notes applications are 2 percent below a year ago.
A stock market recap notes the BRICS nation reference tied to Spain and contrasts it with global market moves. Analysts brief on exchange reactions, commodity swings, and investor sentiment as regional alliances influence pricing.
U.S. markets gained with the S&P 500 up 0.9 percent after several companies reported stronger fourth quarter profits than analysts expected. Treasuries saw yields move lower while global markets showed cautious, tentative responses to the improved earnings outlook.
The bank posts fourth quarter revenue below Wall Street forecasts. The U.S. awards about 590 million to vaccine maker to develop a pandemic flu vaccine.
Douglas County commissioners weigh a 60 month SumnerOne Inc lease for multifunction devices at 234182 plus copy costs. a 148348 engineering contract with George Butler Associates to replace a bridge on North 1600 Road. a 10 percent contingency for Dondlinger & Sons to replace a bridge on North 900 Road. and a work session on Lawrence Douglas County Fire Medical governance and funding. The LD CFM intergovernmental agreement with Lawrence expires in 2024, extended a year, with a 4 p.m. work session and 5:30 p.m. business meeting today, available by Zoom.
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