UPDATE 2-German business morale weakens and trade dampens Q1 growth BERLIN, May 22- German business morale deteriorated slightly in May for the first time in seven months though it remained at a high level overall, a leading survey showed, adding to signs of softening in Europe's largest economy. The Munich- based Ifo think tank said its business climate index, based on a monthly survey of 7,000 firms, edged down to 108.5 in May from...
| By: Michelle Martin
A helping hand for returning vets How returning veterans facing financial challenges can find programs to lend them a helping hand. Whether it's a home loan, credit card debt, or getting an education. With CNBC's Sharon Epperson.
Bond market rout over...for now The rout in bonds earlier this month may have subsided, but analysts said that fixed income was no longer a one-way bet.
| By: Dhara Ranasinghe
GLOBAL ECONOMY-U.S., euro zone business growth slower, China contracts *PMIs point to 0.4 pct euro zone growth in Q2- Markit. LONDON/ NEW YORK, May 21- U.S. and euro zone business growth slowed in May while China's factory sector contracted again, reinforcing the need for major central banks to continue supporting economic growth. Growth in euro zone business activity also weakened in May, just two months after the European Central Bank...
| By: Jonathan Cable and Michael Connor