Latest News Updates From Bloomberg News

Government, Business

New Jersey Democrats Support Pairing Higher Gas Tax With Cuts

Democrats who control the New Jersey Legislature are ready to back a proposal to increase the state’s gasoline tax in exchange for cutting other levies.

December 8, 2015
Business

Orders for Business Equipment Rise More Than Predicted

Orders for U.S. business equipment climbed more than forecast in October, indicating steady domestic demand is encouraging corporate investment even as global sales waver.

November 25, 2015
Business

Consumer Spending Rises Less Than Forecast as Americans Pocket Savings

Household spending rose less than forecast in October, showing the biggest part of the U.S. economy was off to a slow start heading into the holiday-shopping season.

November 25, 2015
Business

Jobless Claims Decline to Lowest Level in a Month

Applications for unemployment benefits fell more than forecast last week as claims moved closer to a four-decade low that shows a resilient labor market.

November 25, 2015
Government, Business

Economy Grows More Than First Estimated on U.S. Stockpiles

The U.S. economy expanded at a faster pace in the third quarter than previously reported, reflecting a smaller hit from efforts to rein in bloated inventories.

November 24, 2015
Business

°®¶¹´«Ã½ Prices Rise More Than Expected in September

°®¶¹´«Ã½ prices in 20 U.S. cities climbed more than forecast in September from the same month last year, signaling residential real estate is sustaining momentum.

November 24, 2015
Business

Existing °®¶¹´«Ã½ Sales Fall 3.4% in October

Sales of previously owned U.S. homes retreated in October from the second-highest level since 2007 as lean inventory limited momentum in residential real estate.

November 23, 2015
Business

Cyber Monday Will Come Early for Wal-Mart Shoppers

Wal-Mart plans to start offering its Cyber Monday deals on more than 2,000 items starting at 8 p.m. the Sunday night before.

November 23, 2015
Business, Technology

Google, Amazon Ramp Up Express Shipping in Southern California

The fight for online shoppers is heating up in Southern California, with Google expanding next-day delivery and Amazon.com Inc. broadening its same-day service options as the holiday shopping season gets under way.

November 20, 2015
Business

TransCanada Pulls Back Keystone XL Pipeline Application

TransCanada Corp. is withdrawing its application with Nebraska regulators for approval of the Keystone XL pipeline, less than two weeks after President Obama rejected the project.

November 18, 2015