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Friday, 16 August 2024

Financial Focus for August 17

Credit: KTNV Channel 13 Las Vegas
Duration: 01:13s 0 shares 1 views

Financial Focus for August 17
Financial Focus for August 17

In today's Financial Focus, we have a check of the stock market and the stocks with ties to Las Vegas.

U.S. Postal Service is set to increase rates for sending mail and packages.

Some smaller pizza restaurants throughout the U.S. are seeing a shortage of pepperoni amid the COVID-19 pandemic.

Financial Focus is sponsored by Clark County Credit Union.

Watch it weekdays on 13 Action News.

NASDAQ UP ONE PERCENT.SP500 UP SLIGHTLY.AND GAMING...BOYD DOWN SLIGHTLY.CAESARS UP HALF A PERCENT.MGM DOWN ALMOST TWOPERCENT.LAS VEGAS SANDS DOWN ONE AND AHALF PERCENT.WYNN DOWN ALMOST TWO PERCENT.RED ROCK RESORTS UP ONEPERCENT.GET READY TO PAY MORE TO SENDSOMETHING THROUGH THE U-SPOSTAL SERVICE.THE POSTAL SERVICE ANNOUNCED ATEMPORARY PRICE INCREASE FROMOCTOBER 18TH THROUGH DECEMBER27TH.DEPENDING ON WHAT YOU NEED TOSEND THE INCREASE WILL RANGEFROM 24- CENTS TO A-DOLLAR-50.THE POSTAL SERVICE BLAMES HIGHDEMAND FOR ONLINE ITEMS FOR THERATE INCREASE.IT'S ALSO EXPECTED TO HELP THEAGENCY BRING IN MUCH NEEDEDREVENUE THROUGH THE END OF THEYEAR.SMALL PIZZA SHOPS ARE FACING ASHORTAGE.... IN PEPPERONI.THEY BLAME THE SHORTAGE.....ON SURGING PRICES...NOT NECESSARILY BECAUSE.....THEY CAN'T GET IT.SOME SMALL SHOPS SAY....PEPPERONI COSTS ARE UP....MORE THAN....-50- PERCENT FROM LAST YEAR.LARGER CHAINS ARE NOT SEEINGTHE PRICE HIKE.....BECAUSE THEIR COSTS ARESET.....IN LONG-TERM CONTRACTS.TONIGHT'S FINANCIAL FOCUS ISBROUGHT TO YOU BY..."THE CLARK COUNTY CREDITUNION"..REMINDING WORKERS TO FOLLOW

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