Money
U.S. durable goods orders up but trend, outlook weak
WASHINGTON - Demand for long-lasting U.S. manufactured goods rebounded more than expected in May and a gauge of planned business spending increased, but a cooling global economy suggests the momentum might not be sustained.
Recent Money News
A better way to monitor reward programs
- Natalie Wahl has more rewards program memberships than she can track. The Las Vegas mom and blogger figures she has signed up for about 30 programs, give or take.
Big pension funds plough money into farmland
LONDON - Some of the world's biggest pension funds said they have been ploughing money into farmland around the world as they seek to diversify portfolios and generate stable returns at a time of market volatility.
What's under the hood of your target-date fund?
NEW YORK - There's nearly $400 billion and growing invested in target-date funds, but these one-size-fits-all funds are neither as safe nor as simple as most people believe.
Should you take that job?
BOSTON - Determining whether to take a job offer can — and should — be a difficult decision, even in a difficult economy, says Harvard Business Review.
UK bank property owners fare better than shareholders
LONDON - Investors in UK bank properties have not suffered as badly as the banks' shareholders during the global financial crisis, a gulf in performance that will continue to widen, property consultancy CBRE said on Wednesday.
How couples sabotage their finances
U.S. couples are waiting longer to get married, meaning they may also be several years into making their own financial decisions. Lacking early discussions over their finances may be a mistake that hurts them later. Full Article | Document
Reuters Money Tweets
Markets
- U.S.
- Europe
- Asia
- Sectors
DOW | 12,627.01 | +92.34 | +0.74% |
S&P; 500 | 1,331.85 | +11.86 | +0.90% |
NASDAQ | 2,875.32 | +21.26 | +0.74% |
TR US Index | 120.37 | +1.09 | +0.91% |
Sector Summary
Energy | +1.84% |
Basic Materials | +0.48% |
Industrials | +0.82% |
Cyclical Goods & Services | +0.14% |
Non-Cyclical Goods & Services | +0.87% |
Financials | +1.21% |
Healthcare | +0.95% |
Technology | +0.70% |
Telecoms | +0.77% |
Utilities | +1.18% |
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