Latest News Updates From Bloomberg News

BusinessSafety

Factory Production Barely Rises in March

Factory output barely climbed in March, marked by a rebound in auto making as other industries retreated, indicating a strong dollar and cheap oil are hurting American manufacturing.

April 15, 2015
Business

Retail Sales Rise Less Than Forecast in March

Sales at U.S. retailers rose less than forecast in March after being depressed by harsh winter weather, signaling consumers are intent on not overextending themselves.

April 14, 2015
Business

Gasoline Prices Fall With Refiners Running at Decade High

Retail gasoline prices declined for a second time since a March peak in the Lundberg Survey as U.S. refineries ran at the highest seasonal rates in a decade.

April 13, 2015
Business

Consumer Comfort Climbs to Highest Level Since May 2007

Consumer confidence increased last week to an almost eight-year high as Americans viewed the U.S. economy in a more favorable light and said it was better time to spend.

April 9, 2015
Business

Jobless Claims Over Past Month Lowest in Almost 15 Years

Fewer Americans applied for unemployment benefits over the past four weeks than at any time in almost 15 years, signaling underlying strength in the labor market even as hiring cooled last month.

April 9, 2015
Business

Service Industries Grow at About Same Pace as Prior Month

Service industries grew in March at about the same pace as a month earlier, indicating the biggest part of the U.S. economy is holding up.

April 6, 2015
Business

Labor Dispute at West Coast Ports Contributes to Trade Deficit Shrinking to Five-Year Low

The trade deficit in the U.S. shrank in February to the lowest level in more than five years as a labor dispute at West Coast ports contributed to the weakest reading on purchases from abroad since 2011.

April 2, 2015
Business

Jobless Claims Decline to Nine-Week Low

The fewest Americans in nine weeks filed applications for unemployment benefits, a sign of further strength in the labor market that will continue to support the U.S. expansion.

April 2, 2015
Business

Economic Indicators Rise in February, Manufacturing Unchanged in Philadelphia Region

The Conference Board’s index of leading economic indicators, a measure of the outlook for the next three to six months, rose 0.2% in February for a second month, the New York-based group said March 19.

March 19, 2015
BusinessFuel

Quick Take: Oil Prices May Have Further to Fall

Oil bulls got another piece of bad news March 16 from an unlikely source: the Federal Reserve.

March 17, 2015