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Lawrence Journal World in Lawrence, Kansas

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Articles on This Page

This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Lawrence Journal World

Location

Lawrence, Kansas, United States of America

Date

May 18, 2023

Page

8

NAR reports April home sales slip amid price decline

The National Association of Realtors released monthly data showing sales of existing homes eased in April as mortgage rates stay high and supply remains tight. March saw a 2.4 percent drop from February and a 22 percent year over year decline, while the national median price fell to 375,700, the steepest annual drop in over ten years.

National Association of Realtors U.S NAR

Labor market update hints at easing unemployment claims

The Labor Department reports weekly unemployment benefits applications with economists expecting a decline from last week, signaling a potential reversal after two weeks of increases. The broader job market remains watched as the Fed tackles inflation while Walmart prepares its first quarter results, seen as a gauge of inflation and recession impact on shoppers.

Labor Department Federal Reserve Walmart Wall Street

I'm confident that we'll get the agreement on the budget and America will not default.

Local market roundup notes confidence on a budget agreement averting a default, with stocks of local interest cited as holding steady amid budget talks.

America

Wall Street rises as debt deal hopes lift markets

Wall Street climbed with hopes the U.S. can avert a debt default. The S&P 500 gained 1.2 percent while the Dow and Nasdaq rose alongside. President Biden said he’s confident a deal will be reached with Republicans ahead of June 1 cash deadline. Target posted stronger profit, boosting confidence. National Western Life.

Wall Street U.S Joe Biden Washington

Witness testifies in Lee gun case at welding shop scene

Witness recounts Lee pulling up his shirt to reveal a black pistol in his pants, causing fear and concern about a possible return threat. Officers describe subduing Lee with a stun gun at his Coventry Manor apartment as investigators cite uncertain gun ownership and pending California felony paperwork. Lee remains free on an own recognizance bond with GPS monitoring and a June 16 continuance granted for firearm possession review.

Lee Christen Secrest Nicholas Hayes Lawrence Steven Koenig Coventry Manor Taylor Zook Hayes Zook Secrest California Amy Hanley U.S Nebraska Oklahoma Washington County Washington County Bend

Keystone Oil Spill Highlights Pipeline Safety Concerns

The spill released nearly 13,000 barrels of crude into a creek 150 miles northwest of Kansas City, marking the largest on shore spill in nine years. Critics urge stronger federal action as TC Energy defends pipeline reliability while investigators cite faulty welds and missed inspections.

Kansas City Jane Kleeb Bold Nebraska Environmental and TC Energy U.S. Department of Transportation Washington County Kleeb Canada Gulf Coast Illinois Montana South Dakota Nebraska Kansas U.S Richard Prior Prior Bill Caram Pipeline Safety Trust Watchdog Group PHMSA Caram Richard Kuprewicz Kuprewicz Accusacts Inc

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