Pace of job losses in U.S. slowed in May

Employers in the United States in May cut their payrolls by 345,000 — a much smaller drop than the 520,000 reduction expected by economists — but that was the smallest job loss since September.
While the pace of layoffs in the U.S. may be showing signs of easing, the unemployment rate in the U.S. rose by […]


U.S. Durable Orders Increase More Than Forecast

U.S. Durable Orders Increase More Than Forecast
U.S. Durable Goods Orders (Apr) Actual 1.9%, Expected -0.1%, Previous -2.1% (Revised from 0.8%)
Core Durable Goods Orders (Apr) Actual 0.8%, Expected -0.4%, Previous -2.7% (Revised from -0.6%)
Release Explanation: The value of new purchase orders placed with manufacturers that have a life span of more than three […]


Friday drop adds to losing week on markets