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Author Archives: Top News Editor

U.S. Factory Orders Show Significant Rebound In May

New orders for U.S. manufactured goods showed a substantial rebound in the month of May, according to a report released by the Commerce Department on Thursday. The Commerce Department said factory orders spiked by 8.0 percent in May after plunging ...

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Eurozone Unemployment Rises Less Than Expected

Despite a deep recession, the euro area jobless rate rose only marginally in May as the short-time work programs of member countries to support jobs amid the downturn caused by the coronavirus pandemic suppressed actual unemployment. The unemployment rate climbed ...

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U.S. Manufacturing Activity Unexpectedly Expands In June

After reporting contractions in U.S. manufacturing activity for three straights months, the Institute for Supply Management released a report on Wednesday showing activity unexpectedly expanded in the month of June. The ISM said its purchasing managers index jumped to 52.6 ...

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