The United States trade deficit narrowed in April on a drop in imports - which surged in March after the end of a labor dispute at West Coast ports - and companies picked up their hiring in May after a pullback the previous month.
The private sector added 201,000 jobs in May, a robust improvement over the previous month and a sign the economic recovery is back on track.
The world economy is on track to grow less this year than last year, according to the latest forecast from the Organization for Economic Cooperation and Development (OECD).
Wal-Mart Stores Inc. is updating its dress code to let store workers wear denim, seeking to appease employees who've complained about the required wardrobe.
NEW YORK, June 3 U.S. stocks rose on Wednesday, helped by optimism that Greece was close to an agreement to avoid a default and as further gains in bond yields lifted financials.