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U.S. factory orders drop in May after three straight gains
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MarketWatch - Business
Factory orders in Germany slide in May
German factory orders tumbled in May, marking the fifth month of a decline from Europe’s industrial powerhouse, according to data released Thursday. -
CNBC - Business
U.S. crude oil posts fourth straight weekly gain on solid demand outlook
U.S. inventory data shows a tightening market, with crude stocks declining by 12.2 million barrels last week. -
The Wall Street Journal - World
U.S. Natural Gas Futures Settle Lower
U.S. natural gas futures settled lower in light up-and-down trade. -
The Wall Street Journal - World
German Factory Orders Unexpectedly Fall Again
Manufacturing orders were 1.6% lower in May than the prior month, indicating that the key sector for Germany’s export economy continues to struggle.Germany -
MarketWatch - Business
Oil prices tally 4th straight weekly gain as data hint at better demand
Oil futures fell on Friday, but U.S. and global benchmark prices tallied a fourth straight weekly gain as a recent drop in U.S. crude supplies and a rise in gasoline demand helped ease some concerns over the outlook for energy demand. -
MarketWatch - Business
Gold and silver futures end at highest levels since May after U.S. jobs data
Gold and silver futures posted their highest settlements since May on Friday, as downbeat U.S. economic data helped put pressure on the dollar and fueled expectations for an interest-rate reduction by the Federal Reserve. -
MarketWatch - Business
2-year Treasury yield ends at almost three-week low after ISM data offers signs of waning U.S. growth
Treasury yields finished lower on Wednesday for a second straight session after the Institute for Supply Management’s index of services businesses produced its lowest reading since the height of the pandemic in May 2020. -
The Guardian - World
UK construction activity grows despite housebuilding drop; EV sales rise to make up fifth of new car market – business live
Pound steady as UK votes; global stocks extend rally on US rate cut hopes. In stark contrast, construction in the eurozone remains mired in recession, according to a separate survey. Construction activity shrank at a faster rate last month, with ... -
Yahoo News - World
Pay rise freeze for Kenyan MPs after public anger
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MarketWatch - Business
‘Our loyalty isn’t worth anything’: I paid $70 for a seat with more legroom, but two women grabbed similar empty seats for free. Is that fair?
“I wrote to the airline to explain what had happened and asked for a refund of my miles.” -
MarketWatch - Business
How the IRS is using a bigger budget — and more ‘swagger’ — to audit more rich taxpayers. ‘They are pushing hard now.’
Longtime tax avoiders are realizing they had taken “false comfort” in thinking they weren’t on the IRS’s radar. -
MarketWatch - Business
We’re in our mid-50s and planning to retire soon. We have $2 million saved. How can we extract income from our $900,000 home?
“We have no children or heirs, and have no one to leave our estate to other than charitable causes.” -
MarketWatch - Business
I considered taking Social Security at 62 instead of waiting. Why you should too.
Your health, life circumstances and the viability of Social Security might conflict with your ideal age to start taking benefits. -
MarketWatch - Business
Most people earning $100K or more are making this huge 401(k) mistake
For high earners, saving up to your company match isn’t going to be good enough to replace the income you’ll need later on.