U S consumer confidence slips in May
The Conference Board reports U S consumer confidence fell to 92.6 in May from 94.7 in April. The May reading matches November’s level, the lowest since last July, with economists noting caution on business and job prospects. The data contrast with the University of Michigan sentiment index which rose in May to its highest in almost a year.
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Washington, D.C
U.S
Conference Board
University of Michigan
Andrew Montalvo
Grand Cherokee
Doral
Florida
The
Energy stocks slide as oil prices push mixed Wall Street
U S markets closed mixed with energy shares retreating on higher oil, while utilities and phone firms gained. Conference Board showed consumer confidence at six month low, weighing on household goods makers as OPEC talks in Vienna and UAE minister comments influenced sentiment. Dow fell 86 points to 17 787 while S&P edged down and Nasdaq rose about 15 points.
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New York
Conference Board
Vienna
David Schiegeleit
U.S. Bank
Standard & Poor
California Gov Brown backs Clinton in June primary
California Governor Jerry Brown endorses Hillary Clinton a week before California’s June 7 primary. In a letter he calls Donald Trump dangerous and says Clinton has the best chance to stop him. He notes Sanders’ strong showing but argues Clinton is the only path for Democrats to win the presidency.
MENTIONED IN THIS ARTICLE
Los Angeles
California
Jerry Brown
Hillary Clinton
Brown
Clinton
Donald Trump
Bernie Sanders
Sam's Club in China Thrives by Packaging Fresh Meat
Wal-Mart’s Sam's Club in Shenzhen leads China with packaged meat and seafood and Western merchandising. The format attracts wealthy shoppers who value freshness and convenience, helping Sam's Club become Wal-Mart’s top success in China with 13 stores and plans for seven more by 2017.
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Wal-Mart
Sam’s Club
China
Shenzhen
Wal- Mart
U.S
Liu
AP Photong
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