Latest News Updates From Bloomberg News

Government, Business

Leading Economic Indicators Index Increased 0.3% in June

The index of U.S. leading indicators rose in June, showing the economy continues to gain momentum following a slowdown at the start of 2014.

July 18, 2014
Business

Consumer Sentiment Declines to Lowest in Four Months

Consumer confidence in the U.S. declined in July to a four-month low as Americans’ outlook for the economy dimmed.

July 18, 2014
Business

Housing Starts Decline Amid Plunge in the South

Beginning home construction declined in June to a nine-month low as a record plunge in the South swamped gains in the rest of the U.S.

July 17, 2014
Business

Jobless Claims Decline to 302,000 Last Week

Jobless claims declined by 3,000 to 302,000 in the week ended July 12, the Labor Department reported.

July 17, 2014
Business

Industrial Production Increased 0.2% in June, Fed Says

Wholesale prices in the U.S. rose in June, reflecting a jump in energy costs that is now abating.

July 16, 2014
Business

Wholesale Prices Increase on Fuel

Wholesale prices in the U.S. rose in June, reflecting a jump in energy costs that is now abating.

July 16, 2014
Business

Retail Sales Rise in June

Retail sales showed a broad-based gain in June, which probably helped the U.S. economy rebound in the second quarter.

July 15, 2014
Business, Fuel

Gasoline Falls to $3.669 a Gallon in Survey

The average for regular gasoline at U.S. pumps fell 3.99 cents in the three weeks ended July 11 to $3.669 a gallon, according to Lundberg Survey Inc.

July 14, 2014
Government, Business, Safety

Amazon Seeks FAA Permission to Test Delivery Drones Outdoors

Amazon.com Inc., which wants to deliver packages by drone, asked aviation regulators for permission to expand testing outside its research laboratory.

July 11, 2014
Business

Crumbling Roads in Oil Fields Slow US Energy Boom

In southern Texas and North Dakota, where shale drilling has propelled U.S. oil production to the highest level in 28 years, thousands of 18-wheel trucks are rumbling to wells on roads designed decades ago for farmers to bring crops to markets.

July 11, 2014