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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Mar 31, 2023
Page
8
The Commerce Department reports a 0.6 percent rise in the PCE price index from December to January with a 5.4 percent year over year gain, while consumer spending climbs 1.8 percent in January. The University of Michigan warns March sentiment may slide to 63.4, marking a dip after months of gains despite inflation.
The Federal Reserve publishes its weekly assets and liabilities of commercial banks as attention sharpens after Silicon Valley Bank and Signature Bank failures. Regulators intervened to halt a bank run and reassure markets while the sector’s health is under close scrutiny.
Johnson, living in Missouri with his parents, entered a no contest plea to one count each of criminal discharge of a firearm and criminal damage to property, both low level felonies, as part of a plea deal. He faces sentencing May 10 after a July 2022 arrest following a fight at a club with Wuenstel and Rayton, whom charges were dismissed or acquitted in separate cases.
Iris Craver signs Do Lizards Have Lips at Raven Book Store 1 to 3 p.m. Tickets five dollars for a piano concert at Lawrence Arts Center at 1 and 4 p.m. Sacred Red Rock Project presents at 3 p.m. Public Library. Restoring Our Landscapes meets Sunday 11 to noon. Kite event at Dad Perry Park 2 p.m. Sunrise Project hosts open mic 2 to 4 p.m. Video game music talk 3 to 4 p.m. Nora McInerney speaks 7 p.m. at Liberty Hall. PlanetPalooza Monday 7:30 to 9 p.m. Alzheimer’s workshop Tuesday 6 to 7 p.m. Cemetery Remembrance Wednesday 10:30 a.m. to 6:30 p.m. with geophysical presentation 6:30 to 7:30 p.m. on Zoom.
Greg Baer of the Bank Policy Institute criticizes Biden administration proposals to revive and broaden postcrisis rules for mid-size banks, arguing the measures would raise costs to the economy after Trump era loosenings.
Wall Street shares closed higher with the S&P 500 up 0.6 percent in a fifth gain across six days as March performance improves after early war fears. Beam Global trades at 14.47, down 13.4 percent, while Semtech sits near 36.24 as earnings disappoint. The corporate training company reports a fiscal second quarter loss, and strong stocks remain in focus with movements around 50 dollars.
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