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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Mar 29, 2024
Page
8
The Commerce Department releases its latest monthly tally showing U.S. wholesale inventories down 0.3 percent in January after a 0.4 percent rise in December. The decline reflects fewer orders and suggests softer factory output and slower growth.
The Federal Reserve releases its weekly updat noting commercial banks' balance sheets unchanged year to date. The report gains urgency after this year’s bank failures including the second and third biggest in U.S. history with regulators halting a bank run. Major banks will begin reporting results in a few weeks.
John Ray, CEO of bankrupt FTX, calls SBF’s former business insolvent and unsafe as a judge imposes a 25 year term for one of the largest U.S. financial frauds. The remark frames SBF as living in delusion after the November 11, 2022 exit.
Sto Wall Street ended its month and quarter with records as the S&P 500 rose 0.1 percent to extend an all time high. The index surged about 10.2 percent in the first quarter, fueled by momentum and strong earnings from leading firms.
The stock market kept Monday momentum with the Dow rising 0.1 percent while the Nasdaq fell 0.1 percent. Treasury yields inched higher after several economy reports, as investors weighed growth and inflation signals. Miller Knoll.
Prosecutor Tatum, formerly with Wyandotte County District Attorney Mark DuPree, joins Douglas County after citing lack of leadership and training in DuPree’s office. She holds KU Law and has multiple honors including 2020 Patrick B. Hall Trial Attorney of the Year. Also leaving Douglas County are Christen Secrest and David Greenwald, who plans to run for Johnson County DA. Wyandotte County prosecutor Tonda Hill has filed to run as well as Suzanne Valdez seeks reelection.
The film Triumph features Terrence Howard Colton Haynes Johnathon Schaech and Grace Victoria Cox. It streams on Amazon Apple TV Google Play and more. Coffey says his decade long journey from idea to wide video release proves never giving up.
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