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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Jun 10, 2023
Page
8
Analysts expect that sales slipped 0.1 percent last month after a 0.4 percent gain in April. Consumers grew more cautious after earlier spending spurts as inflation eases but stays high. The ongoing inflation squeeze raises concerns about a possible recession on the horizon.
Commodities retreat with natural gas down over 4 percent and U S crude slipping 1.6 percent while wholesale gasoline falls 0.7 percent Heating tightens 1.2 percent and gold and silver hold steady Amanda Agati chief investment officer at PNC Asset Management Group warns of a coming wakeup call amid signs of a modest recession.
Wall Street shares rose with the S&P 500 gaining enough ground to mark a fourth straight weekly win. The Nasdaq and Dow edged higher as investors weighed recent economic signals and corporate results. GM, Vail Resorts, and other major components helped lift sentiment.
Crowe, held on a 25000 cash or surety bond, pleaded no contest to three DUI charges linked to incidents in Nov 2022 and Mar 2023 in which he had passengers including children in the car. Blood alcohol levels reached .33 to .35, four times the .08 limit. Sentencing ranges from 5 to 46 months with possible consecutive terms.
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