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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Jan 25, 2023
Page
8
After doubling in 2022 mortgage rates for a 30 year loan fall to 6.15 last week, the lowest since September. The decline spurs aspiring buyers to seek financing as the MBA reports a near 30 percent jump in weekly loan applications for the week ended Jan 13, the largest since March 2020.
Spotlight on Musk as Tesla reports fourth quarter results. Wall Street watches for annual earnings and revenue growth for the October-December quarter while probing why 2022 vehicle deliveries failed to meet Musk’s 50 percent pledge. The stock fell 65 percent last year amid concerns over Musk’s time split with Twitter.
Stocks ended mixed with energy shares pressured by falling crude oil while 3M and Google faced earnings and antitrust scrutiny. Dow and Nasdaq rose or held flat, S&P 500 slipped as major firms reported fourth quarter results for 2022.
A Kansas release quotes Allison-Natale praising Sheriff Jay Armbrister for public commitment to humane treatment of all residents. Armbrister says ICE detainer for Alonso Martinez may not be legally binding and pledges legal review while noting prior policy allowed limited detainers. Sanctuary Alliance's GoFundMe for Martinez reached its $400 hotel goal after her Monday release.
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