For: April 29, 2025
>>Ahead Of The Bell
(New York, NY) -- The opening bell rings this morning on Wall Street after stocks got off to a mixed start this week. Big tech shares including Amazon, Apple and Microsoft came under pressure early in the session ahead of their quarterly results. At the closing bell, the Dow Jones Industrial Average gained 114 points to 40-227. The S&P 500 added three points to 55-28. The Nasdaq lost 16 points to 17-366.
>>A Look At Consumer Confidence
(Undated) -- Consumer confidence, job openings and the S&P Case-Shiller home price index are due out today. Come Wednesday, the focus will be on first quarter GDP along with ADP's employment report, pending home sales plus personal income and spending. Thursday brings weekly jobless claims and auto sales data. The week wraps up Friday with the always highly-anticipated monthly employment report.
>>L.A. County Workers On Strike
(Los Angeles, CA) -- Some 55-thousand Los Angeles County employees are on strike. They walked off the jobs ranging from healthcare and libraries to parks and debris pickup Monday night. The union says the strike, set to last through Wednesday night, was called over failure by the county to negotiate a new contract. Organizers say the county has been contracting out work that's supposed to be done by union members and that pay offers have been insultingly low. The county says it will have a hard time with raises because of the recent wildfires, loss of federal money and a huge sex abuse settlement.
>>Realtor.com's Housing Report Card Gives The U.S. A "C"
(Undated) -- A new report from Realtor.com says affordable housing and homebuilding is hard to come by in the U.S. The online real estate marketplace graded all 50 states on criteria including housing affordability and new construction. The five states with the highest grades were South Carolina, Iowa, Texas, Indiana and North Carolina, which all got a B-plus or better. A majority of states got a "C" from Realtor.com for affordable housing.
>>Joann Fabrics Closes Stores
(Undated) -- Over a third of all Joann Fabric stores are closed. The company filed for bankruptcy back in January, its second filing in eleven months, and has now been bought by a retail liquidator. More than 250 locations were set to permanently close by the 30th, and 500 more will be closed by the end of May.
