Good Business News

From MSNBC, durable goods orders for April, excluding transportation, were up 2.5% last month.  Orders for electrical equipment and appliances were up 27.8%, the biggest increase in history.

"In another good sign, orders for non-defense capital goods excluding aircraft, considered a good proxy for business investment, rose by 4.2 percent last month, the best showing since last December."

More good news, the price of crude oil fell by $3.00 yesterday and the dollar gained ground against the yen and the euro.

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