Thursday, June 17, 2021

Jenelle Evans: Neither of My Sons Lives With Me, Dude!

Jenelle Evans is fighting to rebuild her reputation with the goal of landing another reality show and thus, never having to hold a real...
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    Latest Posts

    Three Honolulu officers charged in fatal shooting of 16-year-old

    June 16 (UPI) -- A Hawaii police officer was charged with murder and two others were charged with attempted murder in the fatal shooting...

    Democrats call for increased funding for high-speed rail system

    June 16 (UPI) -- A group of Democratic lawmakers on Wednesday called on Congress to increase funding for high-speed rail in President Joe Biden's...

    Washington Wizards part ways with head coach Scott Brooks

    June 16 (UPI) -- The Washington Wizards announced Wednesday that head coach Scott Brooks won't return to the team next season, with general manager...

    S&P 500 hits new closing high, investors disregard rising inflation

    June 10 (UPI) — U.S. markets rose Thursday, with the S&P 500 reaching a new closing high as investors disregarded a report signaling rising inflation.

    The S&P 500 climbed 0.47% to a closing record of 4,239.18, after hitting an intraday record of 4,249.4974 earlier in the day. The Dow Jones Industrial Average rose 19.10 points, or 0.055%, while the Nasdaq Composite gained 0.77%.

    Eli Lilly stock rose 3.34% to an all-time high to help propel the S&P higher, while the Dow got a boost from Walgreens, which rose 3.52% and a 2.84% gain by Merck.

    GameStop stock fell 27% after the company announced former Amazon CEO Matt Furlong as its next CEO.

    Investors largely shrugged off a report from the Bureau of Labor Statistics which found the core interest inflation rate over the past 12 months skyrocketed 3.8% while the consumer price index has risen 5%, its fastest rate since 2008.

    “This CPI isn’t likely to change the narrative dramatically and there are still indications that inflation momentum is set to abate in the coming months,” said Adam Crisafulli, founder of Vital Knowledge, in a note Thursday.

    Thursday also saw unemployment claims decrease slightly for the sixth consecutive week, with the Labor Department reporting a total 376,000 claims, a decrease of 9,000 from the week prior.

    UPI

    Latest Posts

    Three Honolulu officers charged in fatal shooting of 16-year-old

    June 16 (UPI) -- A Hawaii police officer was charged with murder and two others were charged with attempted murder in the fatal shooting...

    Democrats call for increased funding for high-speed rail system

    June 16 (UPI) -- A group of Democratic lawmakers on Wednesday called on Congress to increase funding for high-speed rail in President Joe Biden's...

    Washington Wizards part ways with head coach Scott Brooks

    June 16 (UPI) -- The Washington Wizards announced Wednesday that head coach Scott Brooks won't return to the team next season, with general manager...

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