- Investor's Business Daily
Dow Jones Futures Rise After Holiday Weekend; 7 Stocks Near Buy Points
The market rally had a mixed week as breadth narrowed. Microsoft and Merck led stocks near buy points. Here's what to do.
- Reuters
Business service prices rise at fastest annual pace since March 2015
Japanese corporate services prices in April rose at their fastest pace since early 2015, Bank of Japan data showed on Tuesday, boosted by labour costs in the services sector. The Corporate Services Price Index (CSPI) rose 2.8% year-on-year in April, following a 2.4% increase in the previous month. The annual gains reflect rising labour costs in labour-intensive service businesses such as machine repair and industrial facility renovation.
- Reuters
Argentina's Milei swaps cabinet chief in major government shakeup
In the first cabinet shakeup of his five-month-old administration, Argentine President Javier Milei accepted the resignation of cabinet chief Nicolas Posse on Monday night amid strains over major economic reforms pitched by the government. Posse will be replaced by current Interior Minister Guillermo Francos, according to a government statement. The cabinet shuffle comes at an especially delicate moment for Milei, a far-right libertarian economist, as his signature reform bill is facing fresh obstacles in Congress and a market rally for government bonds and the local currency appears to be stalling.
