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This newspaper page contains 6 articles. Subscribers can read the full text of each article.
Newspaper
The Gaston Gazette
Location
Gastonia, North Carolina, United States of America
Date
Jun 05, 2018
Page
6
The Federal Reserve aims to regain its two policy objectives after six years of missing targets amid rising wages and inflation pressures. The central bank signals rate moves to stabilize prices and support economic growth, marking a shift in approach not seen since the 1930s.
The New York Times says Facebook shared extensive user data with about 60 device makers including Apple and Amazon, while Facebook disputes the report and asserts tight control over APIs. Bayer plans to finish its $63 billion Monsanto acquisition this week after regulator approvals and required divestitures.
U S stock indexes closed higher with Dow Jones advancing 178.48 points to 24813.69 and Nasdaq climbing 52.13 to 7606.46 as investors priced in steady momentum and signs of economic resilience.
The Kings Mountain Main Street program with N-Focus Planning unveils a three part plan to revitalize downtown. It calls for wider sidewalks on Battleground Avenue, brick crosswalks, better storefront exposure, street redevelopments on Mountain and Cherokee, and new condos or townhomes to draw residents and diners. The proposal prioritizes improved connectivity and wayfinding to invite residents, visitors, and new businesses.
Howard Schultz will leave as Starbucks executive chairman and resign from the board on June 26. He says he has not ruled out a presidential bid and will consider roles from philanthropy to public service while exploring his future. He told employees he is focused on giving back amid national division and global challenges.
Stocks of local interest and related notes appear with references to price changes and market actions. The brief mentions DWWAR, 4- no PE, and other shorthand indicators, indicating a compact market update focusing on notable movements and estimates for key holdings.
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