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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
May 19, 2022
Page
8
Economists expect the Conference Board's index of leading indicators to show no change in April after a 0.3 percent rise in March. The index, released today, aggregates data mostly already reported and aims to gauge economic conditions three to six months ahead.
Target CEO Brian Cornell acknowledged that the company did not forecast the sharp jumps in freight and transportation costs. The remarks followed a disappointing quarterly report that revived concerns about inflation weighing on U.S. retailers and margins.
Stocks fell sharply as Target and other major retailers posted weak results fueling fears of prolonged inflation eroding profits. The Dow skidded over 1,100 points and the S&P 500 saw its biggest drop since 2020, pushing toward a bear market with about a 20 percent year decline. The TJX Companies posted strong first quarter earnings.
The judge, who was appointed in 2010 by Gov. Mark Parkinson at age 53, expresses gratitude for meaningful, challenging work and misses colleague camaraderie and staff dedication, especially during the pandemic, after replacing Judge Jean Shepherd who retired.
Court records show Lorene faced January 2021 charges including aggravated endangerment and a separate failure to report count as a mandated reporter. The failure to report was dismissed. Lorene obtained her counselor license in January 2019.
KU leaders seek about 18 million in new engineering and general student fees to fund graduate teaching assistants, labs, and instructional costs while preserving steady tuition. Regents weigh staged increases after state budget funds fall short of recommendations.
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