Colorado Rebounds for 3-2 Win at Texas
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Wells Fargo Sees Brighter Days for US Consumer Spending
The opening week of first-quarter earnings season was billed as a referendum on the state of the U.S. economy, specifically consumer spending. While Wells Fargo didn’t post stellar earnings Friday (April 12) it did vote “yes” on the economic prospects for the balance of 2024. “We continue to see strength in the U.S. economy,” CEO Charlie Scharf said during the company’s […]
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US consumer sentiment slips in April; inflation expectations rise
U.S. consumer sentiment ebbed in April while inflation expectations for the next 12 months and beyond increased, a survey showed on Friday. The University of Michigan's preliminary reading on the overall index of consumer sentiment came in at 77.9 this month, compared to a final reading of 79.4 in March. Since January, the sentiment index has remained within a very narrow 2.5 point range, well under the 5 points which the University of Michigan said was necessary for a statistically...
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Westbound US-90 shut down due to 3-truck accident
An accident involving three semi trucks has shut down westbound US-90 between Baldwin and Four Corners, authorities said.