The government says the unemployment rate increased to 9.1% in May as employers added fewer jobs than expected. The ISM says the service sector is growing. Gold prices jump as oil slides.
First-time unemployment filings decline, but the report offers little confidence ahead of the government's May data on Friday. The Labor Department ups its first-quarter productivity estimate, but factory orders fell in April.
US job growth slowed considerably in May. Construction spending rose marginally in April, while a reading on manufacturing activity in May fell well short of expectations. Chinese manufacturing slips. Oil falls.
The troubled nation is likely to receive a new loan package. Global markets rise. Oil climbs on a weaker dollar. Home prices fell more than 4% during the first quarter. Consumer confidence dips in May.
Personal spending slowed in April, but incomes rose. Pending home sales plunged in April. A reading on consumer confidence increased in May. EBay sues Google, alleging intellectual theft. Gold and oil prices rise as the dollar weakens.
US gross domestic product remains unrevised, while first-time jobless claims increase. UBS considers incorporating its investment bank outside of Switzerland.
Fitch Ratings says German banks do not have significant exposure to Greek debt issues. Japan exports fell significantly after the earthquake. Toll Brothers misses estimates. Durable goods orders declined more than expected in April.
Goldman Sachs raises its oil price forecast, citing decreased supply levels. Sales of new homes rose marginally in April. Global markets regain ground a day after eurozone debt fears spurred steep losses.
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The new restaurant, the first of which will open this summer, features premium tacos, fries, craft beer and wine.
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