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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
May 16, 2023
Page
8
The Commerce Department will publish April retail sales figures on Tuesday. Analysts expect a 0.8 percent rise from March, following a 0.6 percent drop in March. The contraction in March suggests consumers cooled after January spending surge.
The Federal Reserve issues its April industrial production report today. Economists expect stalled growth in manufacturing amid high rates and recession concerns. The release covers energy and mining sectors and notes easing inflation yet cautious consumer spending.
Oneok closes at 57.95 down 5.77 from prior, or 9.1 percent, as it announces acquisition of Magellan Midstream Partners in a notable energy sector move affecting stocks.
Price received 60 months total across six counts for criminal damage interference and a battery on a law officer stemming from the September 9, 2021 incidents at Commerce Bank, Crimson and Brews Bar, QuikTrip, and an apartment near Ninth and Iowa streets. He has served about 610 days in custody.
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