Applications for U.S. unemployment benefits rose last week after reaching a four-decade low, consistent with a stronger labor market.
July 30, 2015Business
Fed Sees Improved Labor, Housing Markets; Interest Rate Hikes Draw Closer
Federal Reserve policymakers said the labor market and housing have improved, moving closer to ending an unprecedented period of near-zero interest rates without providing a clear signal on the timing of liftoff.
July 29, 2015Government, Business, Safety, Technology
Amazon Envisions Distinct Drone Zones for Future Delivery Fleet
The first wave of long-range commercial drones should be allowed to operate in a narrow, low-altitude band and must agree to be tracked, according to Amazon.com Inc.’s vision of the future.
July 28, 2015Business
Durable Goods Increase 3.4% in June
Orders for business equipment rose in June for just the second time this year as U.S. factories start to regain their footing after a weak spell.
July 27, 2015Business
Fiat Chrysler Recalls Some Ram Pickups to Defend Against Hacks
Fiat Chrysler Automobiles NV is recalling about 1.4 million cars and trucks, including some 2015 Ram pickups, equipped with radios that are vulnerable to hacking.
July 24, 2015Business
VW, Metzler to Sell LeasePlan Fleet Management Business for $4 Billion
Volkswagen AG and banker Friedrich von Metzler agreed to sell fleet-management company LeasePlan Corp. for 3.7 billion euros ($4 billion) to a group of investors including TDR Capital LLP.
July 23, 2015Business
Jobless Claims Fall to Lowest Level in Four Decades
The fewest Americans in four decades filed applications for unemployment benefits last week, continuing to unwind an early July surge that probably was tied to midyear factory shutdowns and school vacations.
July 23, 2015Business
Sales of Existing °®¶¹´«Ã½s Climb to Highest Level in 8 Years
Sales of previously owned U.S. homes climbed to an eight-year high in June as momentum in the residential real estate market accelerated.
July 22, 2015Business, Fuel
Crude Falls Below $50 for First Time Since April on Glut Concerns
Crude slumped below $50 a barrel in New York for the first time in more than three months on speculation that Iranian shipments will climb, extending a global glut.
July 20, 2015Business, Fuel
Brent Crude Holds Losses as Iranian Supply Counters Drop in US Rigs
Brent crude held losses after a third weekly decline as investors weighed the prospect of increased Iranian supplies against a drop in U.S. drilling rigs.
July 20, 2015