Factory production increased in July at the fastest pace in five months as capital spending climbed and motor vehicle demand surged, indicating the industry is helping propel the U.S. economy.
August 15, 2014Latest News Updates From Bloomberg News
Wholesale Prices Rise at Slower Pace as Fuel Drops
Wholesale prices in the U.S. rose at a slower pace in July as fuel costs dropped by the most in eight months.
August 15, 2014Jobless Claims in US Rise to Highest Level in Six Weeks
Applications for unemployment benefits in the U.S. rose more than forecast last week, interrupting a steady decline to pre-recession lows.
August 14, 2014Retail Sales Unchanged in Slow Start to Third Quarter
Retail sales were little changed in July, the worst performance in six months, as tepid wage growth restrained U.S. consumers.
August 13, 2014US Gasoline Price Falls to $3.52 a Gallon in Survey
The average price for regular gasoline at U.S. pumps dropped 5.89 cents to $3.52 in the past two weeks, according to Lundberg Survey Inc.
August 11, 2014Productivity Rises in Second Quarter, Following Biggest Drop in 30 Years
The productivity of U.S. workers rose more than projected in the second quarter, rebounding from the biggest drop in more than three decades and helping to restrain labor costs.
August 8, 2014Jobless Claims Fall as Average at Eight-Year Low
Fewer Americans filed applications for unemployment benefits last week, sending the average over the past month to an eight-year low, a sign the labor market continues to gain momentum.
August 7, 2014Trade Gap Shrinks to Five-Month Low as US Imports Drop
The trade deficit in the U.S. unexpectedly narrowed in June, reflecting the biggest drop in imports in a year as the economy moved closer to energy independence.
August 6, 2014Deutsche Post Earnings Beat Estimates on Parcel Business
Deutsche Post AG’s second-quarter profit beat analysts’ estimates as the German parcel business and international express unit of Europe’s largest postal company expanded.
August 5, 2014Service Industries Expand at Fastest Pace Since 2005
Service industries in the U.S. expanded in July at the fastest pace since December 2005, showing the economy was building more momentum at the start of the second half of 2014.
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