Latest News Updates From Bloomberg News

Business

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, 2015
Business

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, 2015
Business

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, 2015
Business

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, 2015
BusinessFuel

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, 2015
BusinessFuel

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
Business

Deal to End Tariffs on Tech Products Advances

Trade negotiators tentatively agreed to eliminate tariffs on an array of technology products valued at $1 trillion worth of global commerce.

July 20, 2015
BusinessGovernmentLogistics

Consumer Sentiment in US Backpedals Over Concerns About Economy

Consumer confidence declined in July on concerns global risks will dim prospects for the U.S. economy.

July 17, 2015
Business

Consumer Prices in US Rose in June, Paced by Higher Rents

The cost of living in the United States rose in June for the fifth consecutive month, paced by increases in rents that are helping nudge inflation toward the Federal Reserve’s goal.

July 17, 2015
Business

Housing Starts in US Surge to Second-Highest Level Since 2007

New-home construction in the United States climbed in June to the second-highest level since November 2007 as builders stepped up work on apartment projects.

July 17, 2015