Price of gasoline increased. But prices may not be on the feds magic number just yet. Vice chair Stanley Fisher warned that its too low. Its too low now. I never thought i would live as a central banker to see us complaining about low inflation. And yeah we are complaining about low inflation. We need to get it to 2 . And the closely followed barometer of the Housing Market came above estimates. Construction of new homes jumped 10 in may but all of it was in the multifamily apartment side. Single Home Building has been been limping along. There is demand but as diana olick reports, they are up against a major absta. Kaylee reporter in allen, texas, this man would like to be building more Single Family homes. But he cant. There is not a great probability of increasing our production right now. There are not enough men to make up the slabs. Theres not enough worker to pour the slab. After the slabs are done theres not enough framers, theres not enough masons. There is a shortage of vende
Frankly. It didnt feel like enough week per stocks, not with the flair ups but it was. After todays strong rally, all three of the broad market barometers, the dow, s p 500 finished the week in the black and for the dow and s p today was the best performance in five months. The dow closing near the highs of the session up 185 points, nasdaq higher by 36 and the s p 500 rallied 22. For the week, each of the big three were up at least a third of 1 . Investors gobbled up stocks unworried about a broken seize fire in the israel gaza conflict and u. S. Air strikes against muslim extremists in iraq but the real catalyst for todays really were reports out of russia that tensions may be easing between it and ukraine. Here is michelle cabrera. Reporter the market rallied in the early afternoon when a Russian News Agency reported russia was ending the military war games on the boarder of ukraine. It caused a relief rally because throughout the week, expectations increased that russia might invad
Good evening, welcome to kqed newsroom, im scott schafer, thuy vu is off tonight. As colorado and washington surge ahead, polls show a growing number of americans support legalizing pot. Four years ago, california voters rejected a statewide ballot measure to legalize Recreational Marijuana use, but plans are under way to put the question before voters again in 2016. Governor jerry brown opposes the idea, but Lieutenant Governor gavin newsom is chairing a task force to study the issue. Thuy vu spoke to him earlier. Lieutenant governor gavin newsom, welcome to the program. Good to be here, thanks. Well, you did not take a stand in californias prop 19 four years ago, a measure that would have legalized cannabis. Voters rejected it. Why are you supporting legalizing marijuana now . Prop 14 i was a coward, i didnt give it a lot of thought, i tried to get excuses. There were parts i legitimately would not argue for today that could have created a real patchwork that was difficult, but i adm
(Clem) Harold Clement Brooker passed away. This is the full obituary where you can express condolences and share memories. Published in the Guelph Mercury Tribune on 2024-04-27.