In August, the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2% seasonally adjusted (SA); rising 2.7% over the last 12 months, not seasonally adjusted (NSA), the Bureau of Labor Statistics reports. The index for all items less food and energy rose 0.1% in August, SA; up 2.2% over the year, NSA. In the week ending September 8, the advance figure for seasonally adjusted initial claims was 204,000, a decrease of 1,000 from the previous week’s revised level. This is the lowest level for initial claims since December 6, 1969 when it was 202,000. The previous week’s level was revised up by 2,000 from 203,000 to 205,000. The 4-week moving average was 208,000, a decrease of 2,000 from the previous week’s revised average. This is the lowest level for this average since December 6, 1969 when it was 204,500. The previous week’s average was revised up by 500 from 209,500 to 210,000. |
Yesterday, the Dow closed 147.07 points (0.57%) higher at 26,145.99, the NASDAQ gained 59.48 points (0.75%) to finish at 8,013.71, and the S&P 500 was up 15.26 points (0.53%) at 2,904.18. The Russell 2000 closed 1.38 points (0.08%) lower at 1,714.32, and the Wilshire 5000 increased 128.34 points (0.43%) to 30,245.40. The price of the 10-year Treasury note was down 3/32, increasing its yield to 2.976%. The price of the 30-year Treasury bond fell 5/32, bringing its yield up 3.113%. |
ON THIS DATE: In 1807, former U.S. Vice President Aaron Burr was acquitted of a misdemeanor charge. Two weeks earlier Burr had been found innocent of treason. In 1814, Francis Scott Key wrote the “Star-Spangled Banner,” a poem originally known as “Defense of Fort McHenry,” after witnessing the British bombardment of Fort McHenry, Maryland, during the War of 1812. In 1847, U.S. forces took control of Mexico City under the leadership of General Winfield Scott. In 1866, George K. Anderson patented the typewriter ribbon. In 1901, U.S. President William McKinley died of gunshot wounds inflicted by an assassin. Vice President Theodore Roosevelt, at age 42, succeeded him. In 1940, the Selective Service Act was passed by Congress providing the first peacetime draft in the United States. In 1948, in New York, a groundbreaking ceremony took place at the site of the United Nations’ world headquarters. In 1960, the Organization of the Petroleum Exporting Countries (OPEC) was founded. The core members were Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela. In 1963, Mary Ann Fischer gave birth to America’s first surviving quintuplets. In 1972, “The Waltons” premiered on CBS-TV. In 1975, Pope Paul VI declared Mother Elizabeth Ann Bayley Seton the first U.S.-born saint. In 1978, “Mork & Mindy” premiered on ABC-TV. In 1984, Joe Kittinger became the first person to fly a balloon solo across the Atlantic Ocean. In 1999, Disney World closed down for the first time in its 28-year history. The closure was due to Hurricane Floyd heading for Florida. In 1999, it was announced that “US” magazine would change from monthly to weekly and change its name to “USWeekly.” In 2001, the FBI released the names of the 19 suspected hijackers that had taken part in the September 11 terror attacks on the U.S. And now it’s time for FRIDAY FILES! A man who thought to stop and buy his dog, Boots, a snack—Slim Jims at a Cumberland Farms convenience store—also bought a winning $10 million scratch-off lottery ticket. Seventy-three-year-old Dale Farrand, of Fort Edward, New York, says he’ll use the money to pay off and mortgage and help his children and grandchildren. Maybe Boots’ next snack should be steak. In Kansas City, Missouri, a worker at a convenience store spotted a suspicious looking gadget at a Jimmy John’s sandwich shop and called 911. After police spent two hours investigating this plastic container, officers determined it was a high school student’s science experiment meant to demonstrate how hydrogen can be used as power. The student who built the project demonstrated it to friends inside the store and had left it behind the store so other friends could enjoy it. In Shannonville, Ontario, three thieves attempted to raid a Canadian pot shop, spraying bear mace at two store employees. According to the Huffington Post, a male worker—who had been gushed with the mace—aimed a bong at the robbers to fend them off, using the device as a weapon. His strategy was a hit, as it prompted the burglars to retrieve and run away without any of the store’s merchandise. As it turns out, a string of emergency services callers in Harrisville, Mississippi, weren’t jumping to conclusions. As the AP reports, the Simpson County sheriff’s office says deputies have been looking out for an escaped kangaroo. The missing marsupial has been sighted several times this week, including once by a woman who initially reported seeing a deer running around on two legs. According to the AP, no one has been able to catch the kangaroo “because he’s just too fast.” Philadelphians should be just as relieved as Insectarium CEO John Cambridge when his stolen live collection is found. Not only were the Philadelphia Insectarium & Butterfly Pavilion’s 7,000 arthropods worth $40,000 to $50,000, the venom of one—the six-eyed sand spider—could rot 25% of its victim’ body. Based on the staff uniforms knifed to the wall, authorities think some terminated workers committed the heist. Have a great weekend! |