Latest News Updates From Bloomberg News

BusinessTechnology

Germany Exploring Use of E-Bikes for Local Freight

Chancellor Angela Merkel’s government is looking for ways to encourage electric bikes to replace trucks for local freight shipments in Germany.

September 5, 2014
Business

Second Quarter Productivity Rises at Slower Pace Than Estimated

U.S. workers’ productivity rose in the second quarter at a slower rate than previously estimated, the Labor Department reported.

September 4, 2014
Government

Service Industries Expand at Fastest Pace in Nine Years

Service providers expanded in August at the fastest pace in nine years, a sign of growing momentum in the broadest sector of the U.S. economy.

September 4, 2014
GovernmentBusiness

Trade Gap Narrows to Six-Month Low

The trade deficit in the U.S. narrowed in July to the lowest level in six months as exports climbed to a record.

September 4, 2014
Business

Jobless Claims Little Changed as Firings Dwindle

Applications for unemployment benefits in the U.S. were little changed last week as an improving economy prompted businesses to retain staff.

September 4, 2014
Business

Manufacturing Grows at Fastest Pace in Three Years

Manufacturing expanded in August at the fastest pace in three years as orders grew by the most in a decade, showing U.S. factories will help power the economy into the third quarter.

September 2, 2014
Business

US Tightens Rules Amid Worst Barge Spills Since 2008

Tighter regulation of U.S. ships carrying record exports of diesel and gasoline is coming amid the worst year for oil spills from barges since 2008.

August 29, 2014
Business

Consumer Sentiment in US Increases in August

Consumer confidence unexpectedly rose in August, showing a brightening in Americans’ moods as the labor market gains traction.

August 29, 2014
Business

Consumer Spending Falls for First Time in Six Months

Consumer spending in the U.S. dropped in July for the first time in six months, a sign households are lagging behind as wages fail to accelerate.

August 29, 2014
Business

Chicago Manufacturing Index Climbs to 64.3 in August

Business activity in the Chicago area climbed in August as orders accelerated, a sign that manufacturing will continue to add momentum to the economy.

August 29, 2014