Stock Market WireManufacturing in New York Region Rises More Than ForecastBloombergManufacturing in the New York region expanded more than forecast in May as shipments surged and new orders improved. The Federal Reserve Bank of New York's general e…
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Retail Sales in U.S. Cool on Early Easter and Seasonable Weather – Bloomberg
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BloombergRetail Sales in U.S. Cool on Early Easter and Seasonable WeatherBloombergRetail sales in the US rose in April at the slowest pace of the year, showing unseasonably mild weather and pre-Easter shopping may have pulled consumers to stores the pr…
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U.S. Consumer-Price Index Unchanged, Core Rate Climbs 0.2% – Bloomberg
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Novinite.comU.S. Consumer-Price Index Unchanged, Core Rate Climbs 0.2%BloombergA measure of the US cost of living was unchanged in April, restrained by a drop in energy prices and supporting the view of some Federal Reserve policy makers that inflation…
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Foreign investment in China falls for sixth month (via AFP) Full Story
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Foreign investment in China falls for sixth month (via AFP) Foreign direct investment (FDI) in China fell for the sixth consecutive month in April, according to the latest official figures, dragged down by a plunge in fund flows from crisis-struck Europe. Investment from overseas fell 0.7 percent from a year earlier to $8.4 billion, the…
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India inflation posts surprise 7.23 percent jump (via AFP) Full Story
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India inflation posts surprise 7.23 percent jump (via AFP) India’s inflation unexpectedly accelerated in April to over seven percent as food bills soared, data showed on Monday, diminishing chances of swift interest rate cuts to boost a stumbling economy. The closely watched Wholesale Price Index rose to 7.23 percent in April from the same month…
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Slim Job Growth in April, But Fewer Americans Reporting They Worked – PBS
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PBSSlim Job Growth in April, But Fewer Americans Reporting They WorkedPBSPeople wait in line at a job fair in the Queens borough of New York City. Photo by Spencer Platt/Getty Images. It's time for the unemployment news, and our monthly U-7, the mo…
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FT Alphaville » April started bad and got worse, final PMIs show
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On Friday morning, the Markit Eurozone Composite Purchasing Manager Indices were out, signalling further weakness. The manufacturing indices, released on Wednesday, had already set the scene for further deterioration not only in the periphery, but also the core. Add the services sector, and the composite reading was 46.7, versus an earlier flash estimate of 47.4,…
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US creates 115000 jobs in April – Financial Times
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wekuUS creates 115000 jobs in AprilFinancial TimesBy Robin Harding in Washington The US created only 115000 jobs in April, well below expectations of 162000, a disappointing number that will add to fears that the economic recovery has lost some momentu…
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Markit France Services PMI falls at sharpest rate for three years
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New business falls at sharpest rate for three years during April Key points: Final Markit France Services Activity Index at 45.2 (50.1 in March), 6-month low. Final Markit France Composite Output Index at 45.9 (48.7 in March), 6-month low. Summary: The performance of France’s service sector weakened markedly in April. Incoming new business fell at the steepest rate for…
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US STOCKS-Futures flat before payrolls report – Reuters
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TheStreet.comUS STOCKS-Futures flat before payrolls reportReuters* April payrolls report on tap * Weekend European elections eyed * LinkedIn jumps on results, outlook * Futures up: Dow 2 pts, S&P 0.3 pt, Nasdaq 1 pt By Chuck Mikolajczak NEW YORK, M…
