Sales at U.S. retailers changed little in April, starting the second quarter on a weak note as Americans remained reluctant to splurge.
May 13, 2015Latest News Updates From Bloomberg News
Retail Sales Disappoint Again
Oil Retreats on Speculation Global Supply Glut to Endure
Oil dropped a third day in London May 11 amid speculation that a global oversupply will persist.
May 11, 2015Volkswagen Creates Truck Group to Push MAN, Scania Cooperation
Volkswagen AG created a holding company for its MAN and Scania heavy-truck units in the latest effort to kick-start cost savings and cooperation efforts after buying the former rivals.
May 7, 2015Jobless Claims in US Hover Near Lowest Levels in 15 Years
Fewer Americans than forecast filed applications for unemployment benefits last week, dropping the average over the past month to the lowest in 15 years, indicating companies are holding on to workers.
May 7, 2015BNSF Oil-Train Derailment Sets Tank Cars on Fire in North Dakota
A BNSF Railway train carrying crude oil derailed in North Dakota, setting several tank cars on fire and prompting the evacuation of nearby residents, U.S. and local authorities said.
May 6, 2015US Oil Jumps Above $60 for First Time This Year as Glut Eases
Oil surged above $60 a barrel in New York for the first time since December on speculation the biggest U.S. supply glut in 85 years will ease.
May 5, 2015Trade Gap in US Swells to 6-Year High as Imports Surge
The U.S. trade deficit widened in March to the highest level in more than six years, fueled by a record surge in imports as commercial activity resumed at West Coast ports after a resolution to labor disputes.
May 5, 2015Manufacturing Holds at Weakest Pace of Growth Since 2013
Manufacturing in April held at the weakest pace in almost two years, prompting factories to pull back on hiring as they await stronger demand in the United States and abroad.
May 1, 2015Consumer Sentiment Rises to Second-Highest Since 2007
Consumer confidence increased in April to the second-highest level in more than eight years as Americans grew more upbeat about their financial prospects.
May 1, 2015Jobless Claims Drop to Lowest Level in 15 Years
Applications for U.S. jobless benefits declined last week to the lowest level in 15 years, showing employers view a first-quarter slowdown in the economy probably is temporary.
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