Japan’s Nikkei 225 jumps 2% as Asia stocks rise ahead of major economic data this week – CNBC

Stock picks and investing trends from CNBC Pro:Several major data releases are expected later in the week. China is set to announce its official manufacturing Purchasing Managers' Index for May…

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Russian forces “storming” city in eastern Ukraine, Ukrainian officials say – CBS News

Russian and Ukrainian troops engaged in close-quarter combat in an eastern Ukraine city Sunday as Moscow's soldiers, supported by intense shelling, attempted to gain strategic footholds for conquering the region…

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More than 3500 flights canceled so far over Memorial Day weekend – CBS News

Airline travelers are not only facing sticker shock this Memorial Day weekend, the kickoff to the summer travel season. They're also dealing with a pileup of flight cancellations.More than 1,500 flights…

Continue ReadingMore than 3500 flights canceled so far over Memorial Day weekend – CBS News

Uvalde School Districts Police Chief Pedro Arredondo Must Resign After Robb Elementary Massacre – The Daily Beast

Pedro “Pete” Arredondo started out as a 911 operator, responding again and again to calls from people in Uvalde, Texas desperately needing help when seconds could mean the difference between…

Continue ReadingUvalde School Districts Police Chief Pedro Arredondo Must Resign After Robb Elementary Massacre – The Daily Beast

Ukraine fears repeat of Mariupol horrors elsewhere in Donbas – The Associated Press

KRAMATORSK, Ukraine (AP) — Moscow-backed separatists pounded eastern Ukraine’s industrial Donbas region Friday, claiming to capture a railway hub, as Ukrainian officials pleaded for the sophisticated Western weapons they say…

Continue ReadingUkraine fears repeat of Mariupol horrors elsewhere in Donbas – The Associated Press

The Stock Market Finally Had a Winning Week. Why It Might Not Last. – Barron’s

Ed Yardeni, founder of Yardeni Research: “We now are raising the odds of a recession from 30% to 40%.” Christopher Goodney/Bloomberg The stock market ended its multiweek losing streak, and…

Continue ReadingThe Stock Market Finally Had a Winning Week. Why It Might Not Last. – Barron’s

World stock markets rally, treasury yields fall on inflation data – Reuters

SummaryCompaniesU.S. consumer spending increases, rise in inflation slowsWall Street rallies, snaps weekly losing streakTreasury yields fallBrent oil rises $2NEW YORK, May 27 (Reuters) - Global markets enjoyed a broad-based rally…

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