The average price of regular gasoline at U.S. pumps slid to the lowest level in almost four years, dropping 18.18 cents in the two weeks ended Oct. 24 to $3.076 a gallon, according to Lundberg Survey Inc.
October 27, 2014Latest News Updates From Bloomberg News
New °®¶¹´«Ã½ Sales Were Little Changed in September
Purchases of new houses in the U.S. rose in September, and revisions showed the magnitude of the unfolding recovery was more modest.
October 24, 2014L.A. Port Chief Predicts Movement in Contract Talks
Contract negotiations between West Coast port operators and dockworkers are progressing toward a tentative agreement in November, the head of the Port of Los Angeles said.
October 24, 2014Caterpillar Raises Forecast, Sees 2015 Growth Prospects
Caterpillar Inc., the largest construction equipment maker, raised its full-year earnings forecast and said sales may gain in 2015 on an improvement in global economic growth.
October 23, 2014Leading Indicators Index Shows Economy to Keep Growing
The index of U.S. leading indicators accelerated in September, signaling the world’s largest economy will keep expanding into 2015.
October 23, 2014Jobless Claims at 14-Year Low Over Past Month
Fewer Americans filed applications for unemployment benefits over the past month than at any time in 14 years as an improving economy prompted employers to hold on to staff.
October 23, 2014Consumer Prices Rise 0.1% as Inflation Remains Muted
The consumer-price index climbed 0.1% after decreasing 0.2% in August, a Labor Department report showed in Washington.
October 22, 2014Canadian Pacific Rail Misses Profit Estimates as Stock-Based Pay Rises
Canadian Pacific Railway Ltd., foiled in a bid to merge with CSX Corp., reported third-quarter profit that missed analysts’ estimates as the carrier spent more on stock-based compensation.
October 21, 2014Guardrail Maker Defrauded US of $175 Million and Created Hazard, Jury Says
Secret changes by Trinity Industries Inc. to its guardrail systems were found by a jury to have cheated the U.S. government, exposing the company to $1 billion in liability and sending shares plummeting as states question the safety of the product.
October 21, 2014Sales of Existing °®¶¹´«Ã½s Rise to One-Year High
Sales of previously owned U.S. homes rose in September to the highest level in a year, adding to signs that residential real estate will be a plus for the economy.
October 21, 2014Trending
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