The consumer-price index climbed 0.1% after decreasing 0.2% in August, a Labor Department report showed in Washington.
October 22, 2014Latest News Updates From Bloomberg News
Canadian Pacific Rail Misses Profit Estimates as Stock-Based Pay Rises
Canadian Pacific Railway Ltd., foiled in a bid to merge with CSX Corp., reported third-quarter profit that missed analysts’ estimates as the carrier spent more on stock-based compensation.
October 21, 2014Guardrail Maker Defrauded US of $175 Million and Created Hazard, Jury Says
Secret changes by Trinity Industries Inc. to its guardrail systems were found by a jury to have cheated the U.S. government, exposing the company to $1 billion in liability and sending shares plummeting as states question the safety of the product.
October 21, 2014Sales of Existing ºÚÁϳԹÏÍøs Rise to One-Year High
Sales of previously owned U.S. homes rose in September to the highest level in a year, adding to signs that residential real estate will be a plus for the economy.
October 21, 2014Canadian Pacific Confirms End of Merger Talks With CSX
Canadian Pacific Railway Ltd. said talks about a possible merger with CSX Corp. have ended and no further conversations are planned.
October 20, 2014Consumer Sentiment Reaches 7-Year High
Consumer confidence in the U.S. unexpectedly rose in October to the highest level in seven years, showing a brightening in Americans’ moods as gas prices drop and the labor market gains traction.
October 17, 2014Housing Starts Climb 6.3% in September
New home construction rose in September after slumping a month earlier, indicating halting progress in the U.S. residential real-estate market.
October 17, 2014Railroads Press Against Proposals to Slow Oil Trains
U.S. railroads are rallying customers, including lumber and steel companies, to fight a government proposal to slow trains hauling crude oil.
October 16, 2014Industrial Output Rises by Most Since November 2012
Industrial production in the U.S. rose in September by the most since November 2012, driven by a surge at utilities and a rebound in manufacturing.
October 16, 2014Jobless Claims Drop to 14-Year Low
Applications for unemployment benefits in the U.S. unexpectedly dropped last week to their lowest level in 14 years as employers avoided trimming staff even as global growth weakens.
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