Business activity in Europe and Asia slowed in May as energy costs rose and new orders cooled, an indication the fallout from the conflict in the Middle East has weakened the global economy.
Source link
The headline index from the Conference Board’s survey rose to 92.8, versus 92.2 in March. Source link
U.S. jobless claims rose last week but were still relatively low, signaling employers held back from widespread layoffs. Source link
In an interview, the Fed official said she is watching how households’ inflation expectations have drifted higher. Source link
