Latest News Updates From Bloomberg News

Government

Consumer Prices Rise at the Slowest Pace in Three Months

The cost of living in the United States rose in July at the slowest pace in three months, casting doubt on how quickly inflation will return toward the Federal Reserve’s goal.

August 19, 2015
Business

Consumer Sentiment Declines for Second Month

Confidence among U.S. consumers eased for a second month in August as households braced for an increase in interest rates that could slow growth.

August 14, 2015
Business

Wholesale Prices Increase at Slower Pace in July

Wholesale prices in the United States climbed at a slower pace in July, a harbinger of things to come as energy prices plunge.

August 14, 2015
BusinessLogisticsEquipment

Trucking Companies Plan to Add Trailers as Drivers Remain Scarce

Trucking companies are planning to add trailers and capacity as the driver shortage continues, according to a new survey.

August 13, 2015
BusinessLogistics

China Shipping Merger Still Leaves Capacity Challenge in Place

China could be creating Asia’s biggest container shipping company through a merger of two titans. But the plan doesn’t address the central issue confronting the industry for at least five years now: too many ships, with too much cargo space, plying the seas.

August 13, 2015
Business

Retail Sales Show Broad-Based Gain as Consumers Spur Growth

Sales at U.S. retailers rose in July on growing demand for everything from cars to clothing, and a decline the previous month was wiped away, signaling consumers are propelling growth in the world’s largest economy.

August 13, 2015
Business

Jobless Claims Holding Just Above Four-Decade Low

Applications for unemployment benefits in the United States are hovering close to a four-decade low, a sign of muted firings and steady progress in the labor market.

August 13, 2015
Business

Tracy Morgan Crash: Wal-Mart Driver Fatigue, Unused Seat Belts Were Factors, NTSB Says

A Wal-Mart Stores Inc. driver hit a limo van carrying comic Tracy Morgan last year because he was so fatigued he didn’t notice traffic had slowed ahead of him, U.S. investigators found Aug. 11.

August 11, 2015
Government

FTR's Trucking Conditions Index Jumps 56%

FTR's Trucking Conditions Index jumped 56% to 7.7 in June from May, Bloomberg News reported.

August 10, 2015
Business

Service Industries Expand at Fastest Pace in a Decade

America’s service providers from restaurants to real estate agencies expanded in July at the strongest pace in a decade, putting the U.S. economy on track for faster growth.

August 5, 2015