Leading Economic Indicators Hint Slower Growth Ahead
Washington AP reports the Conference Board’s leading indicators index fell 0.1 percent to 138.9 in April, slower growth forecast for the coming quarters. Economists had expected a small rise as housing, energy costs, and consumer confidence soften amid higher jobless claims and modest payroll gains. The Fed’s rate hikes aim to curb inflation while signaling uncertain future policy.
MENTIONED IN THIS ARTICLE
Washington
Conference Board
Fed
Van's Sandwich Shop brings deli charm to Roswell town
Van Laningham family opens Van's Sandwich Shop at 505 N Main St Roswell offering customizable deli sandwiches from 450 to 545 with meats like turkey pastrami and salami plus soups and sides. Owner Paul Van Laningham and wife Lori moved from Albuquerque in 1996 to settle in Roswell and renovate the historic bus depot building next to Pecos Trails Transit. Local workers Renee Randall and Sara Collar help in the shop open 10 am to 2 pm weekdays with plans to extend hours if business grows.
MENTIONED IN THIS ARTICLE
Roswell
Van
N. Main SA
Paul R.van Laningham
Bill McMurtry
Albuquerque
Lori
Joshua
Seth
van Laningham
McMurtry
Desert Sun
van Laninghams
Paul van Laningham
Dion's Pizza
N. Main St
Pecos Trails Transit
John Grieves
Greyhound Bus Cafe
Van's
Lynda van Laningham
Illinois
Renee Randall
Sara Collar
Iran’s economy struggles amid nuclear tensions and sanctions debate
Iran faces economic limbo as the U N Security Council stalls on sanctions while trade slows, investment drops, and inflation soars. Industry voices blame the nuclear crisis for higher prices and joblessness, with unemployment and poverty concerns rising despite oil revenue gains.
MENTIONED IN THIS ARTICLE
Tehran
Iran
U.N. Security Council
Amir Jazayeri
Ile
Mahmoud Ahmadinejad
Mohammad Khatami
Khatami
Firoozeh Kadijani
European Union
U.N
Mixed Economic Readings Challenge Fed Rate Path
Energy price surge pushes wholesale costs higher while core inflation stays tame. Housing starts fall to 17 month low as industrial production rises 0.8 percent and use of capacity hits 81.9 percent, signaling divergent signals for Fed policy. Leaders like Mark Zandi warn the crosscurrents leave the Fed with a difficult balancing act.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Fed
Labor Department
U.S
Kenneth Beauchemin
Global Insight
Commerce Department
Mark Zandi
Moody's Economy.com
First Federal Bank promotes Roswell staff to senior roles
Amy becomes Vice President and Roswell Branch President with five years in banking, two at First Federal. Tom rises to Assistant Vice President Financial Sales. 14 years in banking, three with the bank. Selene named Banking Officer New Accounts. lifelong Roswell resident, eight years with First Federal. Crystal promoted to Senior Loan Analyst after four years at the bank. started as Wells Fargo credit manager. Orlene becomes Senior Vice President Human Resources. began as a teller in 1983, total 22 years with the bank. Judy promoted to Senior Vice President Accounting. Roswell native, 20 years in banking, joined 2001. Lanie promoted to Assistant Vice President Loan Servicing Supervisor. four years with First Federal, 17 years prior banking experience.
MENTIONED IN THIS ARTICLE
Amy
Roswell
First Federal Bank
Tom
First Federal
Selene
Crystal
Wells Fargo
Orlene
Judy
Lanie
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Puerto Rico
API Maiket
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Sondji
Te Board
Van’s
Pennsylvania Avenue
New Mexico
1Stfedbank.com
Amy Munson
Selene Avila
Orvlene Lucas
Judy Reese
Tom Barresi
Crystal Woods
Lartie Srmich