Latest News Updates From Bloomberg News

Government

FTR's Trucking Conditions Index Jumps 56%

FTR's Trucking Conditions Index jumped 56% to 7.7 in June from May, Bloomberg News reported.

August 10, 2015
Business

Service Industries Expand at Fastest Pace in a Decade

America’s service providers from restaurants to real estate agencies expanded in July at the strongest pace in a decade, putting the U.S. economy on track for faster growth.

August 5, 2015
Business

Americans Kept Spending in June to End Stronger Second Quarter

American households kept spending in June, capping a stronger quarterly performance for the biggest part of the economy.

August 3, 2015
BusinessGovernmentLogistics

Consumer Sentiment Falls in July on Weaker Expectations

Consumer confidence retreated in July as Americans’ expectations deteriorated to an eight-month low.

July 31, 2015
BusinessFuel

Oil Market Embraces Lower-for-Longer Price View as Futures Sink

The global oil surplus increasingly looks like a problem that will take years rather than months to solve — and the market is pricing that in.

July 30, 2015
Government

GDP Rises 2.3% in Second Quarter; First Quarter Revised Upward

The world’s largest economy expanded at a faster pace in the second quarter and managed to eke out a gain at the start of the year, painting a picture of incremental progress consistent with the Federal Reserve’s view.

July 30, 2015
Business

Jobless Claims Climb From Four-Decade Low

Applications for U.S. unemployment benefits rose last week after reaching a four-decade low, consistent with a stronger labor market.

July 30, 2015
Business

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, 2015
GovernmentBusinessSafetyTechnology

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, 2015
Business

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, 2015