The average price for regular gasoline at U.S. pumps rose 4.9 cents in the past two weeks to $3.6065 a gallon, the highest since July 26, according to Lundberg Survey Inc.
April 7, 2014Business
US Trade Deficit Grows 7.7%
The U.S. trade deficit widened 7.7% in February to the highest level in five months as exports of fuels and capital equipment dropped, the Commerce Department reported April 3.
April 3, 2014Government
ISM Services Index Rises in March
The Institute for Supply Management’s nonmanufacturing index rose to 53.1 in March from 51.6 the prior month, the Tempe, Ariz.-based group said April 3.
April 3, 2014Business
Companies Added 191,000 Workers in March, ADP Says
Companies boosted payrolls in March by the most in three months, adding to evidence the job market is recovering from a blast of harsh winter weather, a private payrolls report showed.
April 2, 2014Business, Equipment
Caterpillar Avoided $2.4 Billion Tax With Swiss Subsidiary, Senate Probe Finds
Caterpillar Inc. avoided paying $2.4 billion in U.S. taxes by shifting profits from a parts business to a subsidiary in Switzerland, according to a report released by a Senate investigative committee.
April 1, 2014Business, Safety, Government
Manufacturing Index Rises in March
The Institute for Supply Management’s index increased to 53.7 in March from 53.2 a month earlier, the Tempe, Ariz.-based group reported April 1. Readings above 50 indicate growth.
April 1, 2014Business
Consumer Spending Increases by Most in Three Months
Consumer spending in the United States rose in February by the most in three months as incomes increased, a sign that economic momentum was returning as Americans recovered from an unusually harsh winter.
March 28, 2014Government
US Economy Expands More Than Previously Estimated in Fourth Quarter
The U.S. economy grew more rapidly in the fourth quarter than previously estimated, as consumer spending climbed by the most in three years, showing the expansion had momentum heading into this year’s harsh winter.
March 27, 2014Business
Existing °®¶¹´«Ã½ Sales Decline for Eighth Month
Contracts to purchase previously owned homes fell in February for an eighth straight month, a sign of further weakness in the industry.
March 27, 2014Business
Jobless Claims Decline to Four-Month Low
Applications for U.S. unemployment benefits declined last week to an almost four-month low, a sign companies are confident in the outlook for demand.
March 27, 2014