Back-to-back negative construction spending readings in April and May suggest the second quarter will be weak. Moreover, declines are broadly based with much of the weakness concentrated in public spending.
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NEW YORK Oil prices surged on Friday, and Brent crude posted its largest weekly gain since mid May, as investors positioned for the start of third quarter trading while a weaker dollar boosted prices of most commodities.
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Hyperloop One Inc. on Friday announced an executive shake-up, replacing one of the startup's founders with its senior vice president of engineering, just as it faces a critical juncture in bringing its high-speed transport technology to life.
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Market watchers around the world are struggling to figure out what is happening in our global economy. We are swimming in news of Brexit opinions and terrorist attacks all in hopes of making sense of it all and keeping our heads above water, if not our
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U.S. stock indexes marked their fourth consecutive gain Friday, an upbeat finish for a week that got off to a turbulent start as investors fretted about Britain's vote to leave the European Union.
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