U S housing starts surge most since 2016
U S housing starts jumped 21.7 percent in May to a 1.63 million annualized rate, the fastest in over a year, beating Bloomberg economists. Single family building rose 18.5 percent to an 11 month high with applications up 5.2 percent to 1.49 million, while multifamily work surged over 27 percent and completions rose to 1.52 million.
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AMD Ve
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Nvidia
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Carvana A
Palantir
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PayPal
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Pfizer
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Associated Press
Stocks retreat after five week rally on mixed signals
U S stocks fell after a broad rally as investors weighed inflation data and Fed policy. The S P 500 slipped 0 5 percent to 4388 71 the Dow 0 7 percent to 34053 87 and the Nasdaq 0 2 percent to 13667 29. Energy shares led losses while Dice Therapeutics jumped on Eli Lilly acquisition news.
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Jerome Powell
Atlanta Fed
New York
Wall Street
U.S
Federal Reserve
Fed
Lisa Shalett
Morgan Stanley Wealth Management
China
Hong Kong
Shanghai
Alibaba Group
Xi Jinping
Antony Blinken
Taiwan
Exxon Mobil
Chevron
Ball Corp
Dice Therapeutics
Eli Lilly
Biopharmaceutical Company
Lilly
Congress
Bank of England
Dow Industrials
Dow Transportation
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Nasdaq
S&p
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Russell
Judge eyeing mid August start for Trump classified case
A federal judge in Florida has ordered a jury trial for former President Trump on 37 felony counts of mishandling and illegally retaining classified material. The trial could begin as early as August 14 at the Fort Pierce courthouse, with pre trial motions due by July 24.
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Florida
Donald Trump
Aileen Cannon
Trump
Cannon
Mar-a-Lago Resort
Fort Pierce Federal Courthouse
West Palm Beach
Fort Pierce
St. Lucie County
Joe Biden
U.S
United States
FBI
White House
Miami
Jack Smith
Heat-and-serve meals rise as kitchens go short staffed
Hormel Foods, Post and General Mills expand food-service units selling heat-and-serve options to fill staffing gaps in schools, hospitals, and restaurants. Hormel's unit posted 3.6 billion in sales, while General Mills and Post invest in pre-made breakfast and crust products to meet demand and ease kitchen labor. Hawkinson notes widespread staff shortages in schools, driving demand for quick menu solutions.
MENTIONED IN THIS ARTICLE
Hormel Foods
Post
General Mills
Michele Hawkinson
Minnesota School Nutrition Association
Tracy Area
Austin
Minnesota
Food Service
Hormel
Jim Snee
TNT Crust
Pillsbury
Jeff Harmening
Hopkins
Michael Foods
Post Holdings
Norwalk
Iowa
Robert Vitale
Hawkinson
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