Caixin China manufacturing activity contracts in May, diverges from official PMI

China’s factory activity contracted for the first time in 11 months, a private survey showed on Thursday, as output and new orders slowed as companies shed jobs. The Caixin/Markit Manufacturing Purchasing Managers’ index (PMI) fell to 49.6 in May, lower...

Steady Jobs, but With Pay and Hours That Are Anything But

By PATRICIA COHEN May 31, 2017 Mirella Casares has what used to be considered the keystone of economic security: a job. But even a reliable paycheck no longer delivers a reliable income. Like Ms. Casares, who works at a Victoria’s Secret store in...

Trump to announce decision on Paris climate agreement Thursday, expected to pull out

President Donald Trump is expected to pull out of the Paris climate agreement, multiple news organizations are reporting, citing White House officials. Administration sources told NBC News that Trump is leaning toward leaving the historic climate accord, but has not...