Inflation Watch: CPI Seen Up 0.3 Percent in May
Economists expect the Labor Department to report a 0.3 percent rise in the consumer price index for May from a year earlier, matching April’s gain as the smallest year over year increase since 2015.
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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Jun 10, 2020
Page
8
Economists expect the Labor Department to report a 0.3 percent rise in the consumer price index for May from a year earlier, matching April’s gain as the smallest year over year increase since 2015.
Local market observers warn the economic impact is significant and near catastrophic, affecting households and businesses across the community as stock levels and prices respond to broader market pressures.
Singer developers discuss his song You Ain’t Big and the need for rural American audiences to define stardom. He recalls performing in Lawrence, noting its liberal, tolerant vibe for a gay artist and reflecting on Midwest perceptions. He plans Unfollow the Rules for July 10 release.
Douglas County commissioners plan further discussions on jail expansion after recent permit approval. The group, noting inmate population decline and potential sales tax drops, will also review a Bert Nash lease for Transitions housing and a $53,000 grant for Project Able. Meetings today through online access.
Wall Street pulled back on Tuesday after a weeks long rally that had lifted the S&P 500 into positive territory for the year and pushed the Nasdaq to a record high. Technology, financial, industrial and health care shares led the retreat as skeptics warned the rally may have been overdone. Significantly Sprinkled stock moves included Scotts Miracle-Gro and Stitch Fix, with Stitch Fix showing mixed quarterly results and raised full year forecasts due to demand.
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