When Department of Labor releases its report on nonfarm payrolls, private sector payrolls and unemployment for the month of May, it could greatly skew the bias of when the Federal Reserve tightens the rate…
The Federal Reserve Bank of Dallas released the regional Dallas Fed Business Activity reading for May, showing a drop to −20.8 from a less negative −13.9 from April.
Personal income and consumer spending posted gains for the month of April. The U.S. Department of Commerce said that consumer spending saw the biggest jump going back to 2009.
Unlike several past winters, this last one was relatively wet in California, relieving drought conditions in the northern part of the state and allowing the state to lift some of water restrictions.
Saturday morning, the city of Ramgundam, India, recorded a temperature of 114.8°F, tied with a town in Algeria for the day's highest temperature in the world.
It now appears that the U.S. Senate’s unanimous vote on a bill that would have exposed the Saudi Arabian government to American lawsuits over alleged involvement in the 9/11 attacks was a sham.
The University of Michigan has released its monthly revision for consumer sentiment in May. It still showed a robust gain from the prior month, but far less than originally forecast.
First-quarter GDP growth saw a revision, and it raised to 0.8% from the prior 0.5%. This report was incredibly slow, and it was also under the expectations.