Latest News Updates From Bloomberg News

Business

Consumer Borrowing Rose at Faster Pace in September

Borrowing by American households rose at a faster pace in September on increased lending for auto purchases and bigger credit-card balances.

November 6, 2015
Business, Technology, Government

Orders for Business Equipment in US Unexpectedly Decline

Orders for business equipment unexpectedly declined in September as tepid global markets gave American companies little reason to expand.

October 27, 2015
Business, Government, Logistics

Consumer Confidence Falls in October to Three-Month Low

Consumer confidence fell in October to a three-month low as Americans became less upbeat about the labor market.

October 27, 2015
Business

ºÚÁϳԹÏÍøbuilder Confidence Reaches Decade High on US Sales Outlook

Confidence among U.S. homebuilders climbed in October to a 10-year high, a sign demand for housing may remain solid in the months to come.

October 19, 2015
Business

US Manufacturing Production Falls for Second Straight Month

Factory output fell in September for a second month as high inventories and lukewarm demand from overseas customers kept American producers bogged down.

October 16, 2015
Business

Retail Sales Rise Less Than Expected as Americans Save More

Consumers in the United States tempered purchases at retailers in September, pocketing the savings from lower fuel costs and making for a weak finish to the third quarter.

October 14, 2015
Business, Logistics

Broken Rail Caused CSX Derailment in West Virginia, Officials Say

The Department of Transportation's Federal Railroad Administration said the Feb. 16 derailment in Mount Carbon, West Virginia, was caused by a rail defect that was  overlooked during two inspections.

October 9, 2015
Government, Business

McCarthy Withdraws From House Speaker Race

House Majority Leader Kevin McCarthy, who last week pledged support for long-term highway funding, dropped out of the race for U.S. House speaker on the day his party was poised to nominate him to replace John Boehner, as an internal Republican feud erupted into open warfare on Capitol Hill.

October 8, 2015
Business

Manufacturing Deteriorates on Weaker Global Demand

American manufacturing stagnated in September as a stronger dollar and faltering overseas markets led to the slowest pace of orders since November 2012.

October 1, 2015
Business

Consumer Comfort Reaches Highest Level Since Mid-July

Consumers were more upbeat last week than at any time since mid-July as Americans held the most favorable views of the buying climate in three months.

October 1, 2015