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Key metrics for energy picks for sustainable dividend payments
We all have a stereotypical image of the average consumer – but is it an accurate one? Meet the modern consumer, and what it means for business.
— Read on www.visualcapitalist.com/how-the-modern-consumer-is-different/
Shares of Microsoft Corp. surged 2.8% toward a record high, enough to pace the Dow Jones Industrial Average’s gainers and to push the software giant’s market…
— Read on www.marketwatch.com/story/microsofts-stock-surge-lifts-market-cap-above-1-trillion-more-than-100-billion-above-amazon-and-apple-2019-06-07
The Canadian economy added 27,700 jobs in May, enough to push the jobless rate down to 5.4 per cent — its lowest level since 1976.
— Read on www.cbc.ca/news/business/may-jobs-statscan-1.5166200
Retirement? Four in 10 Americans don’t see it ever happening – BNN Bloomberg
— Read on www.bnnbloomberg.ca/retirement-four-in-10-americans-don-t-see-it-ever-happening-1.1269777
Treasury yields fell Friday after the U.S. government said the economy added far fewer jobs than expected during the month of May.
— Read on www.cnbc.com/2019/06/07/us-treasurys-edge-lower-as-investors-await-jobs-data.html
Economists say it’s now likely the Fed will cut rates this year, possibly as early as July.
— Read on www.cnbc.com/2019/06/07/its-no-longer-a-question-of-whether-the-fed-will-cut-interest-rates-but-when.html
A ban on buying telecoms equipment from Chinese firms would add about 55 billion euros ($62 billion) to the cost of 5G networks in Europe and delay the technology by about 18 months, according to an industry analysis seen by Reuters.
— Read on www.reuters.com/article/us-huawei-europe-gsma/europes-5g-to-cost-62-billion-more-if-chinese-vendors-banned-telcos-idUSKCN1T80Y3
Canadian Unemployment Rate Falls to Lowest Since at Least 1976 – Bloomberg
— Read on www.bloomberg.com/news/articles/2019-06-07/canadian-unemployment-rate-falls-to-lowest-since-at-least-1976
The S&P 500 Index is on pace to post its biggest weekly gain since November 2018, trading above its 50-day moving average for the first time since last month’s sell-off.
— Read on www.bloomberg.com/news/articles/2019-06-07/s-p-500-blasts-above-50-day-moving-average-in-best-week-of-2019