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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

Jul 22, 2023

Page

8

Fed poised to raise rates and then hold this year

The Federal Reserve is set to lift its policy rate by a quarter point to 5.25 to 5.50 percent on Wednesday, after skipping a hike at the last meeting. Markets expect a year end pause after one more potential increase this year as inflation cools and the PCE index shows slower consumer spending growth.

Conference Board Federal Reserve Central Bank Wall Street Fee Fed P/E AMC Entertainment AMC At&t Inc T Ull Alphabet Inc C Goog Amazon.com Inc AMZN Anheuser-Busch InBev Bac Atmos Energy Ato Boeing Co BA Capitol Federal Cffn Colgate-Palmolive Cmrce Bncsh MO Cbsh Energy Inc Evrg Ford Motor F Garmin Ltd Grmn Gen Dynamics GD General Motors Co GM Goodyear GT ICL ICL Group Ltd Kohls Corp KSS Kroger Co KR Hidgs Corp NBHC Nvidia Corporation MDA Schlumberger Ltd SLB Seabrd Cp Seb SIRI Sirius XM Hidgs Inc Smucker JM Sjm Spirit Aerosystems Spr T-Mobile US Inc TMAS Target Corp Tgt Tesla Inc TSLA T2 Biosystems Ttoo UMB Financial Umbf USB US Bancorp Verizon Comm VZ WalMart Strs

Fashion Stocks Recap Returns to Controversial Pink

Pink dominates fashion markets with rising demand amid debate over its cultural symbolism. Retailers report stronger than expected sales across apparel and accessories, while analysts note brand campaigns boost engagement and pricing power despite mixed consumer sentiment.

Wall Street Ends Mixed as Weekly Gains Persist

Stocks closed mixed with the S&P 500 edging higher by under 0.1 percent and an eighth weekly win in ten. Scholastic rose over 11 percent after beating Q4 forecasts, Aviva moved up about 10 percent on quarterly results, Comerica slipped slightly as deposits fell, and CSX fell roughly 3.7 percent on weaker than expected Q2 revenue.

Wall Street

Kansas judge rules two step detentions unlawful on highways

U S District Judge Kathryn H Wratil ruled the two step practice used by Kansas Highway Patrol to detain out of state drivers without reasonable suspicion is unlawful. She noted the patrol waged a war that is easy to win and cheap but unfair for motorists. The ruling precedes an injunction, with prior rulings in 2017 and 2019 cases cited and a 40 000 award for a 2019 stop.

KHP Highway Patrol U.S Kathryn H. Wratil Kansas Vratil Joshua Bosire Herman Jones Highway Patrol Now Topeka Capital Journal Sharon Brett ACLU Brett

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DOW Dow Jones Commerce Department DOW TrAns DOW Util Nyse Comp S&p Wilshire Russell Valerie Steele FIT The Associated Press Scholastic Close Publishing, Education and Media Roper Technologies ALV Comerica American Express FIS Autoliv CME Ige Interpublic Group of Cos IPG Empiretoday.com Empire Today, LLC
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