Retail sales, factory data show growing pains for US recovery
USA finance

Retail sales, factory data show growing pains for US recovery

An onslaught of economic reports on Tuesday added to evidence of a U.S. recovery in full swing, yet one experiencing growing pains. While retail sales in May fell more than forecast, Americans may simply be shifting more of their spending to services such as travel and entertainment. The government’s report also showed merchant receipts were stronger […]

Web traffic for cryptocurrency exchanges hit all-time high in May
Cryptocurrency exchanges

Web traffic for cryptocurrency exchanges hit all-time high in May

Crypto exchange Web traffic hit a record high of 638.2 million visits in May, according to SimilarWeb data compiled by The Block.  Traffic to crypto exchanges grew 20.4% in May compared to April’s figure. May’s 638.2 million in crypto exchange traffic drew 108 million more hits than the last all-time high, which occurred in January …