Business activity showed a surprise uptick in May, indicating the US economy may be more resilient than Wall Street thinks.
, which captures activity in both the services and manufacturing sectors , came in at 54.4 in May, up from 51.3 in April. Economists had expected the index to remain largely unchanged in May. Instead, it hit a 25-month high.
Both the services and manufacturing sectors were in expansion mode, with services driving most of the gains for the composite index. The services component of S&P's report showed the index registered 54.8 this month, up from 54.2 in April. Manufacturing activity hit a reading of 50.9, up from 50 in April.
Two high-yield monthly income stocks are attractive options for dividend investors, including retirees. The post Dividend Investors Can Earn $500 Every Month or More With the Right Stock Offering a 6% Yield appeared first on The Motley Fool Canada. -- Canada’s banking watchdog warned that many homeowners who took out mortgages when rates were near zero during the pandemic will soon face a reckoning as those loans renew.
Ukrainian servicemen operating a howitzer in Kharkiv region near the Russian border work around the clock to stop an incursion by Moscow's troops, and they are finally getting the shells to do it. Ukraine's defenders were hamstrung for months by shortages of artillery shells and other weapons as U.S. Congress held up billions of dollars worth of military aid.
New pictures of the US Air Force's newest stealth bomber — the B-21 Raider — just dropped as flight testing continuesLocal TV Journalist Points Out Uncomfortable Truth For Donald Trump Right To His FaceHere's what would happen if Trump is convicted in the New York case, from whether he can still run for President to if he will go to jail.
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