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EU regulators to rule on $130 billion Dow, DuPont deal by July 28

June 23, 2016 by · Leave a Comment 

EU antitrust authorities will decide by July 28 whether to allow the $130 billion merger of U.S. chemical company Dow Chemical Co and its rival DuPont , one of several large agribusiness deals. The companies requested approval on Wednesday

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EU regulators to rule on $130 billion Dow, DuPont deal by July 28

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U.S. jobless claims near 43-year low; new home sales decline

June 23, 2016 by · Leave a Comment 

The number of Americans filing for unemployment benefits fell last week to near a 43-year low, suggesting labor market resilience even though hiring slowed sharply in May. The drop in jobless claims could give Federal Reserve officials more confidence that job growth will pick up. “Overall labor market conditions are not as bad as one might assume based on May's non-farm payroll print alone,” said Jim Baird, chief investment officer at Plante Moran Financial Advisors in Kalamazoo, Michigan.

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U.S. jobless claims near 43-year low; new home sales decline