Latest News Updates From Bloomberg News

Business

Manufacturing Grows in November

Manufacturing in the U.S. expanded in November at a faster pace than projected, signaling the world’s largest economy is rising above a global slowdown.

December 1, 2014
Business

Black Friday Fizzles With Consumers as Sales Tumble 11%

Even after doling out discounts on electronics and clothes, retailers struggled to entice shoppers to Black Friday sales events, putting pressure on the industry as it heads into the final weeks of the holiday season.

December 1, 2014
Business

Oil Dips Below $65 on OPEC Inaction

West Texas Intermediate crude rebounded after sliding to the lowest level since July 2009 on speculation that prices have further to drop before OPEC’s decision to maintain output slows U.S. shale supply.

December 1, 2014
Business, Safety, Government

Consumer Sentiment in US Rises to Highest in Seven Years

Consumer confidence climbed to a more than seven-year high in November as Americans’ views of their financial well-being improved heading into the holiday-shopping season.

November 26, 2014
Business

New ºÚÁϳԹÏÍø Sales Up, But at Slower Pace Than Forecast

New homes in the United States sold at a slower pace than forecast in October as builders focused on meeting demand at the upper end of the market.

November 26, 2014
Business

Durable Goods Orders Increase on Demand for Military Aircraft

Orders for durable goods rose 0.4% in October, mainly on a jump in demand for military aircraft, the U.S. Commerce Department said Nov. 26.

November 26, 2014
Business

Consumers Stay Within Means as US Spending Matches Income

Consumer spending in the United States climbed in October at the same pace as incomes, showing households are staying within their means as the holiday-shopping season begins.

November 26, 2014
Business

Jobless Claims in US Increase to Almost Three-Month High

More Americans than forecast filed for unemployment benefits last week, a possible sign the pace of improvement in the labor market has cooled.

November 26, 2014
Business

Average U.S. Gasoline Price Falls to $2.84 in Lundberg Survey

The average price of regular gasoline at U.S. pumps slid to the lowest level since Nov. 5, 2010, dropping 10 cents in the two weeks ended Nov. 21 to $2.84 a gallon, according to Lundberg Survey Inc.

November 24, 2014
Business, Fuel

Renewable Fuels Quotas for 2014 Delayed by EPA After Fight

The U.S. Environmental Protection Agency punted on setting quotas for the use of renewable fuels in 2014 and pledged to lay out next year targets for 2014-2016.

November 21, 2014