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Previously owned U.S. homes sold in May at the fastest pace since November 2009, driven by first-time buyers and indicating budding momentum in the residential real estate market.

Fewer Americans than forecast filed for unemployment benefits last week, a sign labor market momentum continues to strengthen.

Oil supplies are abundant. America’s refiners are running the hardest in 10 years. So why isn’t the country awash in gasoline?

Oil supply has exceeded demand globally for the past five quarters, already the most enduring glut since the 1997 Asian economic crisis, International Energy Agency data show.

Daimler AG made 40,061 vans from 2005 to 2008 with air bags that must be replaced, the National Highway Traffic Safety Administration said.

Consumer confidence rose more than forecast in June as Americans were the most upbeat about their wage prospects in seven years.

Wholesale prices in the United States rose in May as the biggest jump in fuel costs in at least five years swamped muted advances in other categories.

OPEC ministers extended their campaign to restrain rival oil producers by continuing to pump oil into a global supply glut and keeping their combined daily production target at 30 million barrels.

Fewer workers filed applications for unemployment benefits last week, signaling the U.S. job market remains firm even after growth plunged at the start of the year.

Service industries expanded in May at the slowest pace in 13 months as orders eased, signaling tempered improvement in the biggest part of the U.S. economy.