Latest News Updates From Bloomberg News

Business

Previously Owned °®¶¹´«Ã½ Sales Increase to One-Year High

Purchases of previously owned U.S. homes unexpectedly rose in October to a one-year high as low borrowing costs helped sustain the recovery in residential real estate.

November 20, 2014
Government

Consumer Prices Little Changed as Fuel Costs Decrease

The cost of living in the U.S. was little changed in October, reflecting a drop in energy prices that has yet to filter through to other goods and services.

November 20, 2014
Business

Fewer Than 300,000 Americans File Jobless Claims for 10th Week

Fewer Americans filed for unemployment benefits last week as the need to retain staff keeps firings at the lowest levels in more than a decade.

November 20, 2014
Business

Permits Rise to Six-Year High as Housing Starts Decrease

Residential-construction permits in the U.S. climbed in October to a six-year high, pointing to a pickup in homebuilding after activity cooled because of a slowdown in multifamily projects.

November 19, 2014
Business

Producer Prices Climb on Services Costs

Wholesale prices in the U.S. unexpectedly increased in October as higher costs for services and food outweighed a slump in energy.

November 19, 2014
Business

Container Traffic Rises at L.A. Port as Congestion Issues Continue

Container traffic at the Port of Los Angeles increased in October as the port works to resolve congestion issues.

November 18, 2014
Business

Industrial Output Falls in October

Industrial production in the U.S. dropped in October, weighed down by declines at utilities, mines and automakers that signal manufacturing started the fourth quarter on soft footing.

November 17, 2014
Business

Volvo Said to Near Deal to Deliver Packages to Parked Cars

Working households may soon have an alternative to the modern dilemma of how to take delivery of stuff ordered online: have it dropped off in your car.

November 17, 2014
Government

Consumer Sentiment Reaches Seven-Year High

Consumer confidence rose more than forecast in November, reaching a seven-year high and indicating Americans will be in the mood to step up holiday spending.

November 14, 2014
Business

UPS Sees Wider Margins as E-Tailing Nears Business Volume

United Parcel Service Inc. sees the boom in online retailing as an opportunity, not a threat, as the delivery company devises new tactics to make e-commerce more profitable, Chief Executive Officer David Abney said.

November 14, 2014