june

A Surprise 1% Drop in June's Durable Goods Orders

U.S. durable goods orders unexpectedly fell 1% in June, their largest decline since August 2009. That was in sharp contrast to the predictions of the Bloomberg survey, which had forecast orders to increase 1%. The drop provides more evidence that the nation's economic recovery has slowed.

June Retail Sales Forecast to Rise With the Mercury

The East Coast heat wave is warming up more than sidewalks: It's also helping retailers shake up sales. Merchants are expected to report healthy numbers when they post their June sales figures Thursday, and several could update their second-quarter guidance as a result.