The cost of living in the United States rose in June for the fifth consecutive month, paced by increases in rents that are helping nudge inflation toward the Federal Reserve’s goal.
July 17, 2015Business
Deal to End Tariffs on Tech Products Advances
Trade negotiators tentatively agreed to eliminate tariffs on an array of technology products valued at $1 trillion worth of global commerce.
July 20, 2015Business, Government, Logistics
Consumer Sentiment in US Backpedals Over Concerns About Economy
Consumer confidence declined in July on concerns global risks will dim prospects for the U.S. economy.
July 17, 2015Business
Housing Starts in US Surge to Second-Highest Level Since 2007
New-home construction in the United States climbed in June to the second-highest level since November 2007 as builders stepped up work on apartment projects.
July 17, 2015Consumer Confidence Shows Little Change; Views On Finances Decline
Consumer confidence in the United States was little changed last week as Americans’ views about their finances retreated for the first time since May.
July 16, 2015Business
Jobless Claims Decline for First Time in Month
Filings for U.S. unemployment benefits declined last week for the first time in a month, heading back toward the lowest levels in more than a decade and signaling firings remain muted.
July 16, 2015Rise in Wholesale Prices in June Exceeds Expectations
Wholesale prices in the United States climbed more than forecast in June as the cost of fuel picked up.
July 15, 2015Business
Retail Sales Decline 0.3% in June
Sales at U.S. retailers unexpectedly dropped in June, curbing optimism about the strength of the rebound in consumer spending during the second quarter.
July 14, 2015Business
Trade Gap Grew in May as Exports Fell Most in Three Months
The U.S. trade deficit widened in May as exports declined by the most in three months, showing businesses were having trouble drumming up sales to overseas customers.
July 7, 2015Business
Service Industries Expand at a Faster Pace in June
Growth at U.S. service industries picked up in June from a more than one-year low, signaling steady improvement in the biggest part of the economy.
July 6, 2015