| | | Jun 13, 2024 / The Right News Right When It Happens | | Top Story | | | | Fed Expected to Cut Rates Once in 2024 | | New York, NY, June 13, 2024-"Federal Reserve officials penciled in just one interest-rate cut for this year, indicating most are in no hurry to lower rates, even after a widely watched report Wednesday showed inflation improved last month,” reports the Wall Street Journal. | | |
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| | Today's Flooring News | | | | Producer Prices Declined 0.2% in May | | Washington, DC, June 13, 2024-The Producer Price Index for final demand declined 0.2% in May, seasonally adjusted, the U.S. Bureau of Labor Statistics reported. | | |
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| | | | Cali to Open New Pacific Northwest Distribution Center | | San Diego, CA, June 13, 2024—Cali will open a new distribution center in the Pacific Northwest in July 2024. | | |
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| | | | Initial Jobless Claims Rose 13,000 in Week Ending June 8 | | Washington, DC, June 13, 2024—In the week ending June 8, the advance figure for seasonally adjusted initial claims was 242,000, an increase of 13,000 from the previous week's unrevised level of 229,000, according to the Department of Labor. | | |
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| | | Zeftron's Tim Blount to Retire | | Dalton, GA, June 12, 2024-After more than four decades with Zeftron nylon, executive Tim Blount announced he will retire, effective June 15. | | |
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| Featured Video | | | | Roby Isaac Discusses Mannington Commercial's NeoCon Awards and New Collections | | June 13, 2024—Roby Isaac, VP of Product Design with Mannington Commercial, and Kemp Harr discuss the firm’s Best of NeoCon award and a few | | |
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