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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Sep 01, 2019
Page
4
The Commerce Department reports GDP rose at a 2 percent annual rate in the April-June quarter, down from 3.1 percent in Q1 and below initial estimates. With Trump aiming for 3 percent or more, economists warn of a possible slowdown that could affect his 2020 re election campaign.
Oklahoma jurists awarded Johnson & Johnson 572 million for its role in the opioid crisis. Prosecutors had labeled J and J a kingpin after a seven week trial as the epidemic killed more than 400000 Americans since 2000. J and J vows to appeal.
The National Association of Realtors reports a 2.5 percent drop in pending home sales to 105.6 in July. The index is down 0.3 percent from a year earlier as uncertainty about the economy grows. Market tightness and high prices continue to curb buyers even with low mortgage rates.
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