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US Durable Goods Orders rise 16.4% in May vs. 8.5% expected
Durable Goods Orders in the United States (US) rose by 16.4%, or $48.3 billion, in May to $343.6 billion, the US Census Bureau reported on Thursday. This reading followed a 6.6% decrease (revised from -6.3%) reported in April and came in better than the market expectation for an increase of 8.5%.Fxstreet
Thu, Jun 26
RPT-BREAKINGVIEWS-Muddled US meddling grinds factory gears
By Gabriel Rubin WASHINGTON, June 25 (Reuters Breakingviews) - Trying to reshape the U.S. economy around manufacturing is hard enough without helter-skelter industrial policy. Cancelled subsidies, shredded contracts and unpredictable tariffs should be partly countervailed by tax and regulation br...Reuters
Thu, Jun 26
EXPLAINER-What is the UN's development conference in Seville, and what can it achieve?
By Libby George LONDON, June 26 (Reuters) - Global leaders will kick off the once-a-decade Conference on Financing for Development (FFD4) in Seville, Spain, on Monday, which aims to improve the world's aid and financial architecture. Ambitious reforms to everything from global tax to climate-...Reuters
Thu, Jun 26
