Day: June 4, 2021

Financial News for the Week of June 4th 2021

FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Job growth picked up in May, with the economy adding 559k jobs and the unemployment rate falling to 5.8%. ISM indexes pointed to strong growth in manufacturing and services sectors in May, though supply…


Financial News for the Week of May 28th 2021

FINANCIAL NEWS HIGHLIGHTS OF THE WEEK First-quarter consumer spending growth was revised up to an even better 11.3% (annualized). Monthly data showed that nominal spending rose 0.5% in April, but inflation-adjusted (real) spending ticked down a…