Latest News Updates From Bloomberg News

Business

China Turning to Natural Gas as Means of Reducing Greenhouse-Gas Emissions

Powering vehicles with natural gas, a cleaner alternative to diesel fuel and gasoline, is catching on faster in China than in any other nation as President Xi Jinping seeks to reduce smog.

August 4, 2014
Business

Jobless Claims in Past Month Drop to Eight-Year Low

Fewer Americans filed applications for unemployment insurance benefits over the past month than at any time in more than eight years, signaling employers are hanging on to workers as demand improves.

July 31, 2014
Government

Economy Grows in Second Quarter as Consumer Spending Rises

Gains in consumer spending and business investment helped the U.S. economy rebound more than forecast in the second quarter following a slump in the prior three months that was smaller than previously estimated.

July 30, 2014
Business

Consumer Confidence Rises to Highest Since October 2007

Confidence among U.S. consumers soared in July to the highest level in almost seven years on the heels of a strengthening labor market.

July 29, 2014
Business

Pending Sales of Existing ºÚÁϳԹÏÍøs Decline in June

The index of pending home sales declined 1.1 % in June after rising 6% in May, figures from the National Association of Realtors showed.

July 28, 2014
Business

US Gasoline Prices Falling on Production, Lundberg Says

U.S. refineries are flexing their muscles and helping lower gasoline prices in the middle of the peak driving season.

July 28, 2014
Business

Orders for U.S. Capital Goods Rose After Revised May Drop

Orders for U.S. business equipment rose in June following a revised drop the prior month, indicating corporate investment remains stop-and-go and could hold back economic growth.

July 25, 2014
Business, Safety

Jobless Claims Decrease to Eight-Year Low

The number of Americans filing applications for unemployment benefits dropped last week to the lowest level in more than eight years.

July 24, 2014
Business

Sales of Previously Owned ºÚÁϳԹÏÍøs Rise to Eight-Month High

Sales of previously owned U.S. homes climbed in June to an eight-month high as more listings helped prices cool, luring buyers into the market.

July 22, 2014
Business

Consumer Prices Increase in June

The consumer price index increased 0.3% in June after a 0.4% gain the prior month, matching median forecast of 85 economists surveyed by Bloomberg News, figures from the Labor Department showed.

July 22, 2014