April housing start tumble seen easing to 1.1 million
The April U S pace of housing starts fell 30.2 percent to a five year low of 891 000 annualized. Economists expect May shows a rebound to about 1 1 million, while the Commerce Department will release the May tally today. Wall Street looks for ABM Industries to report softer Q2 earnings and revenue versus a year ago amid ongoing volatility from the Covid 19 outbreak. Mortgage applications rose 9.3 percent two weeks ago as rates stayed near record lows, but remained volatile due to unemployment and recession pressures.
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Commerce Department
Wall Street
ABM Industries
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Mortgage Bankers Association
Markets Rise On Bets of Slower Recession Dynamics
Stocks climbed Tuesday aided by a rebound in U S retail sales and Fed support as investors bet the worst of the downturn may be over. DTE Energy and Moderna MRNA cited progress in vaccine programs and forecasts, while WW International posted a large subscriber gain on digital growth.
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U.S
County to operate crisis center with Bert Nash at Treat ment Campus
Douglas County commissioners plan a joint crisis center with Bert Nash on the Treat ment and Recovery Campus located at 1000 West Second Street. The center should open by end of 2021. They will also consider rezoning half an acre at 892 East 661 Diagonal Road in Lone Star from general business to village district to conform with new codes. The county will meet today by online video conference at 4 p.m. for a work session and 5:30 p.m. for a regular meeting in the county courthouse, 1100 Massachusetts St. Public access is available via live link on douglascountyks.org or by phone at 1-312-626-6799 with Meeting ID 995-927-60073. Full audio and agenda are on the site.
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Douglas County
West Second Street
Diagonal Road
Lone Star
County Commission
Massachusetts St
Douglascountyks.org
Lawrence cancels city July Fourth fireworks and celebration
Fireworks and Fourth of July events in Lawrence have been canceled. Jaycees organizers say crowds numbering in the thousands in city parks and downtown could not be safely accommodated while maintaining social distancing, and viewing from home or small gatherings was not feasible due to the city's size.
MENTIONED IN THIS ARTICLE
McClure
Lawrence
Jaycees Club
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