Automakers on Friday are expected to report a rebound in sales of new cars and trucks following a 6 percent decline in May. Loading… Post to Facebook.
Wheat for July delivery declined 15 cents at $4.1625 a bushel; July corn fell 5.75 cents to 3.53 a bushel; July oats rose .25 cent at $2.0550 a bushel; while July soybeans lost 6.25 cents to $11.6875 a bushel.
In response to vocal complaints from residents, the Anaheim City Council voted to ban all future short-term rentals in residential areas of the city and gave existing rental operators 18 months to close up shop.
Chancellor George Osborne has abandoned his target to restore government finances to a surplus by 2020. In a speech he said, given the effects of the referendum vote, the government had to be "realistic about achieving a surplus by the end of the decade".
WASHINGTON - U.S. construction spending fell for a second month in May, with weakness hitting all areas of building. Construction spending declined 0.8 percent in May following a 2 percent tumble in April, the Commerce Department reported Friday.