The headline Regional Business Activity Index of the Federal Reserve Bank of Philadelphia’s Nonmanufacturing Business Outlook Survey improved to 36.9 in May from 36.3 in April.

The headline Regional Business Activity Index of the Federal Reserve Bank of Philadelphia’s Nonmanufacturing Business Outlook Survey improved to 36.9 in May from 36.3 in April.
Energy titans ExxonMobil and Chevron reported significant profit declines for the second quarter, driven by …