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The Commerce Department opened the door to more U.S. oil exports as long as the crude is lightly processed, tempering the impact of a law that has banned most such shipments for the past 40 years.

Orders for U.S. business equipment climbed in May, showing corporate investment is helping revive the economy after a slump at the start of the year.

Sales of new homes increased 18.6% in May, the biggest one-month gain since January 1992, to a 504,000 annualized pace, figures from the Commerce Department showed June 24 in Washington.

The Conference Board’s index of U.S. consumer confidence increased to 85.2 in June from 82.2 a month earlier, the New York-based private research group said.

ºÚÁϳԹÏÍø prices in 20 U.S. cities rose at a slower pace than forecast in the year ended in April as declining affordability put a lid on appreciation.

The average price for regular gasoline at U.S. pumps climbed 1.87 cents in the past two weeks to $3.71 a gallon, according to Lundberg Survey Inc.

Purchases of previously owned U.S. homes rose more than projected in May, a sign the industry is stabilizing after a weather-depressed quarter.

Fewer Americans filed applications for unemployment benefits last week, a sign of steady progress in the labor market.