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9 mentions found


☆ The Fed's rate decision and May inflation data will be key tests for the stock market next week
  + stars: | 2024-06-07 | by ( Samantha Subin | ) www.cnbc.com   time to read: +6 min
The next rate decision from the Federal Reserve coupled with May inflation data, both on Wednesday, will play key roles in how stocks perform next week — quite probably lending added volatility to an already jittery market. The Fed's rate decision All eyes are on the Fed next week and its rate decision that's set to come down at 2 p.m. Wednesday. But investors have tempered expectations since then amid a spate of stubborn inflation data. That makes May's consumer price index report due out before the bell Wednesday another key focal point for investors. Economists polled by Dow Jones are bracing for the consumer price index to rise 3.4% year over year and 0.1% on a monthly basis.
Persons: nonfarm, Kathryn Kaminski, Scott Wren, they've, it's, Tony Roth, Envestnet's Dana D'Auria, D'Auria, Dow Jones, Wells, Wren, John Belton, Apple, Jerome Powell, John Wiley Friday Organizations: Federal, Nvidia, Apple, Microsoft, GameStop, Dow, AlphaSimplex Group, Fed, Federal Open Market, European Central Bank, European Union, Wells Fargo Investment, Wilmington Trust's, CPI, Apple's Worldwide, Broadcom, Dave, Treasury, Signet Jewelers, University of Michigan Locations: Wells Fargo, Cupertino , California
☆ Tornado causes havoc in Texas as record-breaking heatwave looms
  + stars: | 2024-05-23 | by ( Patrick Smith | ) www.cnbc.com   time to read: +2 min
Debris and a damaged building are seen in the aftermath of a tornado in Temple, Texas, U.S., May 22, 2024, in this screengrab obtained from a social media video. A tornado ripped through central Texas Wednesday evening, causing huge damage and destroying homes, as forecasters warn of a potentially record-breaking heatwave in the state. The city of Temple, northeast of Austin, declared a state of emergency and opened a shelter for displaced people after a twister caused widespread devastation. Footage posted to social media shows buildings in Temple and nearby Belton missing roofs, piles of rubble and smashed windows. Flood warnings were in place Thursday morning for much of northern Texas, including Dallas and Forth Worth, along with parts of Oklahoma.
Persons: Young Organizations: NBC, NWS, Austin Locations: Temple , Texas, U.S, Texas, Temple, Austin, Bell, Belton, Dallas, Forth Worth, Oklahoma, Louisiana, Antonio, Iowa, Greenfield
☆ Three people shot at Super Bowl parade grapple with bullets left in their bodies
  + stars: | 2024-05-10 | by ( Carma Hassan | Bram Sable-Smith | Peggy Lowe | ) edition.cnn.com   time to read: +18 min
James Lemons was carrying daughter Kensley on his shoulders at the Kansas City Chiefs Super Bowl parade when he felt a bullet enter the back of his right thigh. In the chaos of being shot at the Kansas City Chiefs Super Bowl parade, then hospitalized, Sarai Holguin lost her purse and cellphone. In the chaos of being shot at the Kansas City Chiefs Super Bowl parade, then hospitalized, Sarai Holguin lost her purse and cellphone. A bullet went through the jaw of Mireya Nelson during the Kansas City Chiefs Super Bowl parade on Feb. 14, 2024. Erika NelsonMireya Nelson, who was shot during the Kansas City Chiefs Super Bowl parade on Feb. 14, 2024, undergoes her first physical therapy session while still in the hospital.
Persons: James Lemons, Sarai Holguin, Mireya Nelson, it’s, ” Lemons, Nelson, Lemons, Kensley, Detectives, ”, —, Jaxson, “ I’m, Brandie, I’m, “ I’ve, I’ll, Leslie Carto, Brendan Campbell, Campbell, Louis, ” Punch, Bram Sable, “, They’ve, ’ Sarai Holguin, Holguin, she’d, Cesar, Christopher Smith, Lisa Lopez, Galvan, Lopez, didn’t, ” Holguin, “ It’s, ” Campbell, Holguin isn’t, Erika, Mireya, ” Mireya, ” Erika, aren’t, Punch, Erika Nelson Mireya Nelson, Erika Nelson Mireya, ’, Dr, Sanjay Gupta, Erika doesn’t Organizations: CNN, Kansas City Chiefs Super, Chiefs, University Health, ” University Health, Surgeons, Connecticut Children’s, Control, American College of Surgeons, Trauma, KFF, Union, KFF Health, Mexican Consulate, Centers for Disease Control, Get CNN, CNN Health, KC Locations: Mexico, U.S, Holguin, Harrisonville , Missouri, Kansas City, Connecticut, St, Puebla, Missouri, Mexican, Jackson, Belton , Missouri, downtown, KCUR
☆ Party City is planning to close over 30 stores across the country — here's the full list
  + stars: | 2023-05-09 | by ( Avery Hartmans | Ben Tobin | ) www.businessinsider.com   time to read: +5 min
Party City says it's closing over 30 stores after filing for Chapter 11 bankruptcy protection. Cartersville: Cartersville Crossing, 451 East Main St.IowaWaterloo: Crossroads Commons Shopping Center, 1415 Flammang Dr.IllinoisBradley: Bradley Commons, 2060 N. State Rte. 20Felch Street Shopping Center, 3050 Beeline Rd., Ste. L12East Hills Shopping Center, 3702 Frederick Ave., Ste. K2Five Points Shopping Center, 4101 Hwy.
☆ What the Boston Marathon Finish Line Means Now
  + stars: | 2023-04-15 | by ( Talya Minsberg | Matthew Futterman | ) www.nytimes.com   time to read: +14 min
The Boston Marathon is arguably the most elusive finish line of all, and not just anyone can cross it. In 2013, on a cool, partly sunny day, this ebullient scene was shattered when two bombs exploded near the finish line. On Monday, nearly 30,000 runners will journey, down and up and down, toward the finish line of the 127th Boston Marathon. Volunteer, runner I used to volunteer at the finish line, reading information about runners as they finished for the announcer. It means something so different crossing that finish line compared to other marathon majors.
☆ News organizations reject Elon Musk’s demand of paying to keep checkmarks on Twitter
  + stars: | 2023-03-30 | by ( Oliver Darcy | ) edition.cnn.com   time to read: +3 min
New York CNN —News organizations have a message for Elon Musk: We are not going to pay you for checkmarks on Twitter. Historically, a blue checkmark placed next to the name of an account has indicated that the social media company has confirmed the identity of the person or business operating it. Musk earlier this year launched Twitter Blue, a subscription service that costs $8 a month. A blue checkmark. POLITICO additionally said it will not pay for Twitter Blue.
☆ Party City is planning to close 22 stores after filing for bankruptcy — here's the full list
  + stars: | 2023-02-17 | by ( Avery Hartmans | ) www.businessinsider.com   time to read: +3 min
Party City is closing 22 stores after filing for Chapter 11 bankruptcy protection in January. Cartersville: Cartersville Crossing, 451 E Main St.IowaWaterloo: Crossroads Commons Shopping Center, 1415 Flammang Dr.IllinoisBradley: Bradley Commons, 2060 N State Rte. MichiganHolland: Felch Street Shopping Center, 3050 Beeline Rd., Ste. 20Felch Street Shopping Center, 3050 Beeline Rd., Ste. TexasCorpus Christi: Five Points Shopping Center, 4101 Hwy.
☆ Chewy Looks to Open More Automated Fulfillment Centers in Drive to Control Costs
  + stars: | 2023-01-03 | by ( Nina Trentmann | ) www.wsj.com   time to read: +5 min
Online pet retailer Chewy Inc. plans to open more automated fulfillment centers in 2023 to control costs and raise efficiency, which could help the company repurpose certain capital spending, its finance chief said. Photo: Chewy Inc.“When we think about the future of our fulfillment network, automation is at the center of that,” Mr. Marte said. The company, which had over 21,000 employees and 13 fulfillment centers in December, usually requires about 1,200 people for a manned distribution center. “Those are real dollars,” Mr. Marte said, adding that Chewy is working to grow profits and taking out costs. Over time, the company could defer or lower some of its capital expenditures, Mr. Marte said.
☆ Five Louisiana officers charged in Black motorist’s deadly arrest
  + stars: | 2022-12-16 | by ( The Associated Press | ) www.nbcnews.com   time to read: +7 min
— Five Louisiana law enforcement officers were charged with state crimes ranging from negligent homicide to malfeasance Thursday in the deadly 2019 arrest of Ronald Greene. Others, including a Union Parish sheriff’s deputy and three other troopers, were charged with malfeasance and obstruction of justice. Louisiana State Police via APUnion Parish District Attorney John Belton submitted arrest warrants for all five of the indicted officers. And for the first time in the case, a medical expert deemed Greene’s death a homicide. Edwards has repeatedly said he did nothing to influence or hinder the Greene investigation and has described the troopers’ actions as both criminal and racist.
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