Advance Auto Parts reports first quarter results before bell
Advance Auto Parts releases its first quarter earnings before the bell with analysts forecasting $2.56 per share on $3.48 billion in sales. The North Carolina based chain operates about 5,000 stores, mostly in the United States, after $3.57 per share on $3.37 billion last year.
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Labor Market Update Reveals Slowing Openings
The government releases its April labor market report showing March job openings at 9.6 million, the lowest since April 2021, with economists predicting a further decline to about 9.5 million in April. The drop from February’s near 10 million indicates weakening momentum as higher rates weigh on hiring.
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Wall Street Mixed as Debt Crisis Eases
Wall Street closed mixed with the S&P 500 essentially unchanged as investors awaited guidance amid a long list of worries and Washington actions to avert a debt default reducing near term market volatility.
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Moore aims to fund schools and advocate for arts and LGBTQ inclusion
Lawrence election filings show Moore calling to boost school funding and support arts and LGBTQ communities while addressing rising class sizes. Several incumbents depart as candidates including Cadue-Blackwood seeking reelection. a special meeting fills Emerson’s term. Filing ends noon Thursday, with potential August 1 primary if candidates exceed three times open seats.
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