Australia and Japan set for positive open while most Asian markets close for Labor Day
Australia's factory activity contracts at fastest pace in 35 months: Juno BankThe manufacturing purchasing managers index for April stood at 48, down from March's figure of 49.1, marking a second straight month-on-month deterioration.In its release, the bank said that this was due to weak demand for Australian goods, observing that new orders declined for the fifth month running and at the fastest rate since August 2021.
It also noted that survey respondents commented on broad-based economic weakness, driven in part by high interest rates.contracted in AprilData from the National Bureau of Statistics revealed the country's manufacturing purchasing manager's index fell to 49.2 from 51.9 in March, below the 51.4 expected by economists.This also marks the first contraction since December, when the official manufacturing PMI was at 47.CNBC Pro: Here's what history indicates is in store for U.S.
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Aurora residents sentenced to prison for forced child laborAc-Salazar and Choc Laj forced two children, who were not their own, to work as their domestic servants and childcare providers. The two would also physically strike and threaten to strike the children if the children did not do as they were told.
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Aerospace managers acquitted in labor-related antitrust prosecutionA Connecticut federal judge on Friday acquitted six aerospace engineering managers charged with conspiring to restrict employee hiring and recruitment, in a ruling that marked another loss for the U.S. Justice Department in its series of labor-related antitrust prosecutions.
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Summer Movie Guide: What to watch from May through Labor DayThere is something for everyone at the movies this summer, both in theaters and streaming at home. Here's a preview.
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Summer Movie Guide: What to watch from May through Labor DayThere is something for everyone at the movies this summer, both in theaters and streaming at home. Here's a preview.
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Man accused of anti-Asian remarks, spitting on victim on Upper West SidePolice are searching for a man accused of making anti-Asian remarks and spitting at a staff member of the New York City Councilwoman Gale Brewer.
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Man accused of anti-Asian remarks, spitting on victim on Upper West SidePolice are searching for a man accused of making anti-Asian remarks and spitting at a staff member of the New York City Councilwoman Gale Brewer.
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