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Lawrence Journal World in Lawrence, Kansas

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Lawrence Journal World

Location

Lawrence, Kansas, United States of America

Date

Jan 27, 2023

Page

8

Inflation signals easing as December consumer data loom

The Commerce Department’s December snapshot shows personal consumption expenditures up 0.1% in November and 5.5% year over year, slower than October’s 6.1%. December data will guide Fed policy on February 1 while AmEx earnings are awaited with expectations of higher profit on stronger revenue and rising loan loss reserves amid recession worries.

Commerce Department U.S Federal Reserve AmEx Wall Street American Express FactSet

Economist flags slower U.S. growth as risk of contraction rises

Sal Guatieri of BMO Capital Economics notes the economy cooled to a 2.9 percent annual pace in the last quarter, down from 3.2 percent from July to September, signaling fading stamina rather than a cliff.

Sal Guatieri BMO Capital Economics U.S

Wall Street climbs as profits beat forecasts amid earnings flood

Wall Street rose to near eight week highs after reports showing stronger economy and corporate profits. Major indexes gained with Tesla, Chevron, Lam Research, and American Airlines posting gains or raised dividends as investors digest quarterly results and forecasts.

Wall Street Tesla

Gosewisch brothers arrested after bar incident in Douglas County

Lawrence police booked two brothers at the R Bar and Patio on Florida Street. Judge James T. George barred them from Brothers Bar and Grill. Chance Gosewisch received six months prison suspended to 12 months probation. Cade Gosewisch got 12 months prison with 15 year violent offender registration but judge granted a departure to 24 months probation. Cade faced no contest plea to aggravated assault with a firearm, while Chance spoke of life changes and a mission trip to Costa Rica.

Lawrence R Bar and Patio Florida St Douglas County James T. George Massachusetts St Brothers Bar and Grill Stacey Donovan Chance Gosewisch Kansas Gosewisch Costa Rica Cade Gosewisch Donovan Cade Bradley Hook Hook RTN AMC Entertainment AMC At&t Inc T Akanda Corp Akan Alphabet Inc C Goog Amazon.com Inc Amzn Anheuser-Busch InBev Bac ATO Boeing Co BA BuzzFeed Inc Capitol Federal Cffn Colgate-Palmolive cL Energy Inc Exela Technologies Xela Ford Motor F Garmin Ltd Grmn Gen Dynamics GD Natl Bank Hidgs Corp Schlumberger Ltd Slb Seabrd Cp Seb Smucker, JM Sjm Spirit Aerosystems Spr T-Mobile US Inc TMUS Cc Target Corp Tgt Tesla Inc Tsla UMB Financial Umbf US Bancorp Usb Verizon Comm VZ WalMart

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