The number of hires was also little changed in May at 5 million. It marked the second month that openings exceeded hiring, which was little changed. “The underlying trend in consumer spending is good”.
On Tuesday, the office of the Greek Prime Minister said that Greece remains at the negotiating table, and that the government has proposed a two-year deal with Europe’s bailout fund. The eurozone’s top official, Jeroen Dijsselbloem, said that the 19 finance ministers...
US-listed Chinese companies fell, including e-commerce giant Alibaba (-0.8 per cent), as well as the smaller social networking platform Renren (-7.0 per cent), Qihoo 360 (-7.1 per cent) and Youku Tudou (-6.7 per cent).
The report said the trade deficit widened to $41.9 billion in May from a revised $40.7 billion in April. That was less than the $42.6 billion deficit expected by analysts and suggests Wall Street economists may slightly raise their forecasts for economic growth in the second quarter.
German publisher Axel Springer said that speculation it could relinquish control over its business was “completely unfounded”, after the Wall Street Journal reported it is in merger talks with ProSiebenSat.1.
The shareholders of Charlotte, NC based Family Dollar Stores chose to sell out to Dollar Tree instead of Dollar General Corp. Dollar Tree offers customers a wide range of goods in suburban stores for $1 or less across most regions of the country.