US Federal Reserve Board Chairman Jerome Powell.Anna Moneymaker/Getty Images Stocks climbed higher, taking the S&P 500 near its all-time high. A downgrade revision in March’s producer price index helped curb inflation concerns. Fed Chairman Jerome Powell signaled that interest rates will have to remain higher for longer. The S&P 500 closed just under its all-time […]
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Widespread showers, thunderstorms hover over Kansas City area. Is severe weather likely?
Folks headed out on their morning commute and errands will want to grab their rain gear as a rainy day is on tap for the Kansas City area Thursday, according to the National Weather Service. A large thunderstorm complex passed over northwest Missouri early Thursday morning, bringing strong to severe thunderstorms to areas between Interstate […]
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Chipotle jumps on first ever stock-split as shares hover at record high
(Reuters) — Shares of Chipotle Mexican Grill surged in premarket trading on Wednesday after the burrito chain’s board approved a 50-for-1 stock split. Its shares rose roughly 6% to trade at around $2,950 before the bell. Shares of the California-based company have rallied to record levels over the past year, powered by strong earnings owing […]