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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Sep 18, 2021
Page
8
The Federal Reserve released an update on the economy and interest rate policy after a two day meeting. Economists had anticipated tapering the 120 billion dollar monthly bond purchases but data showing 235 thousand jobs added in August dimmed the chance of a move.
Wall Street expects Nike to report Thursday a rise in fiscal first quarter earnings and revenue from a year earlier. The results would mirror gains spanning the year to May, including record fourth quarter North America sales, aided by reopened retail stores after pandemic closures.
The speaker notes many years of handling great achievements and says the current moment is as exciting, perhaps more, than before. They describe gaining experience while staying energized by ongoing opportunities.
Wall Street capped a volatile week with a broad sell-off wiping out weekly gains across major indexes. The S&P 500 fell for a second straight week as technology and communications stocks dragged the market, while health care edged higher and the Dow and Nasdaq declined. Diamondback Energy announced a $2 billion stock buyback plan.
Kansas educators stress preschool access shapes outcomes with Amanda Petersen noting research shows preschoolers are likelier to graduate and avoid crime. Local districts monitor enrollment trends amid COVID disruptions while Wichita hires staff to reconnect families with prekindergarten. Suzanne Perez reports for Kansas News Service.
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