Tag Archives: General news

The Dow is falling as consumer spending disappoints

Text size People wait in line in front of a New York City bank in late May. fake pictures Weaker-than-expected economic data, record coronavirus cases and an unfavorable result for banks in Thursday’s Federal Reserve stress tests left the market lower on Friday. The Dow Jones Industrial Average fell 534 …

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UPDATE 1: US consumer spending recovers; income sinks

(Add report details) By Lucia Mutikani WASHINGTON, June 26 (Reuters) – US consumer spending rebounded by the largest amount on record in May, but earnings are unlikely to be sustainable as revenue will decline and is expected to decline further. more as millions lose their unemployment checks starting next month. …

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The Dow is falling as consumer spending disappoints

Text size People wait in line in front of a New York City bank in late May. fake pictures Weaker-than-expected economic data, an increase in coronavirus cases and an unfavorable result for banks in Thursday’s Federal Reserve stress tests left the market lower on Friday. The Dow Jones Industrial Average …

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Japan confirms its scrapping of the US anti-missile defense system.

Japan’s National Security Council has endorsed plans to cancel the deployment of two costly land-based US anti-missile defense systems aimed at strengthening the country’s capacity against North Korean threats By Associated Press MARI YAMAGUCHI June 26, 2020, 2:30 am 3 min read 3 min read Share on FacebookShare on TwitterEmail …

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