WASHINGTON: New orders for big-ticket US manufactured goods fell for the second month in a row in May, recording their biggest drop in six months, the Commerce Department reported on Monday (Jun 26).
The continued slowdown was largely driven by a...
Oil prices struggle for direction, seesawing between losses and gains as traders weighed expectations of further growth in U.S. crude output against forecasts of a weather-related weekly decline in domestic supplies.
Oil prices crept higher on Monday in quiet trade that featured bargain hunting after prices slid last week and hit seven-month lows, but gains were limited by rising crude supply in the United States and other countries.
The future of the Senate Republican leadership's healthcare bill, released on Thursday, is already in doubt as at least five Republican senators have come out in opposition of the legislation in its current form.
Even if Majority Leader Mitch...
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