U.S. July construction spending seen rising modestly
Economists expect Commerce Department data showing July construction spending up 0.4 percent after a 0.1 percent rise in June and a 0.2 percent May drop. Single family housing gains contrast with flat multifamily spending as demand stays strong yet costs rise and supply chains constrain sales. Campbell Soup Co. anticipated to report Q4 earnings at 47 cents per share, down from 63 cents a year ago, with prior quarter declines also noted.
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Eye On Housing
U.S
Commerce Department
Campbell Soup
New Jersey
Chewy
Economist predicts rising U.S. consumer spending as savings remain high
The Associated Press notes Robert Frick of Navy Federal Credit Union says Americans are flush with cash and eager to spend as the economy reopens. He forecasts higher consumer spending in coming months based on current household savings levels. Previous and change figures for commodities reflect current contract.
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Robert Frick
Navy Federal Credit Union
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Associated Press
Parent sues after preschool incident and ER visit
A mother reports her child’s ER visit after a heat incident at a Northeast Kansas preschool. She says the school lacked documentation and clear policies on sickness and heat safety, and she filed a complaint with the Department for Children and Families, raising concerns about accountability and pay for the ER bill.
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Reffett
Kansas
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Topeka
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The
St. John
Truth telling sparks reconciliation in Mississippi Delta exhibit
Activist Jerome Little organized Tallahatchie County residents in the 1970s to break the silence around Till. In 2005 he helped form the Emmett Till Memorial Commission, a nonprofit promoting racial reconciliation through telling the Till story. The exhibit notes apologies to the Till family as a first step, and highlights signs, dialogue, and changes like removing Confederate paraphernalia and opening Black woman owned businesses as evidence of progress over 14 years. Rick Hellman reports for KU News Service.
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Tallahatchie County
Till
Little
Emmett Till Memorial Commission
Emmett Till
Tell
Till Memorial Commission
Mississippi Delta
Tallahatchie
Wall Street Wobbles as August Ends With S&P Gain
A wobbly day on Wall Street left major indexes just below record highs and the S&P 500 closed August with a seventh straight monthly gain. Technology shares weighed on the index while Zoom Video Communications faced a disappointing Q3 forecast, dragging sentiment.
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