Builders broke ground on 1 million U.S. homes in May, indicating the industry is picking up this quarter after a weather-induced slump to start the year.
June 17, 2014Latest News Updates From Bloomberg News
Consumer Prices Increase by Most in More Than a Year
The consumer price index increased 0.4% in May, the biggest advance since February 2013, after climbing 0.3% the prior month, a Labor Department reported.
June 17, 2014Department of Labor Investigates Worker Deaths at Amazon Warehouses
The Department of Labor said this week that it’s examining two worker deaths at warehouses operated by Amazon.com, the world’s largest online retailer.
June 16, 2014ºÚÁϳԹÏÍøbuilder Confidence Rises Most in Almost a Year
Confidence among U.S. homebuilders rose in June by the most in almost a year, a sign the residential real estate market is stabilizing after reeling from severe winter weather earlier this year.
June 16, 2014Industrial Production Rises in May
Industrial production climbed more than forecast in May, a sign gains in manufacturing are supporting growth as the U.S. economy picks up.
June 16, 2014Consumer Sentiment Decreases to Three-Month Low
Consumer confidence in the United States fell in June to a three-month low, adding to signs of a more restrained rebound in the second-quarter economy.
June 13, 2014Retail Sales Rise 0.3% in May
Retail sales rose 0.3% in May after a revised 0.5 % gain in April that was much larger than previously estimated, the Commerce Department reported.
June 12, 2014Tyson Foods Outbids Pilgrim's for Hillshire Brands
Tyson Foods Inc., the largest U.S. meat company, has made a unilaterally binding bid to buy The Hillshire Brands Co., outbidding Pilgrim’s Pride Corp. to gain control of the maker of Jimmy Dean sausages and Ball Park hot dogs.
June 9, 2014Police Say Wal-Mart Truck Driver Went 24 Hours Without Sleep Before Morgan Crash
A Wal-Mart Stores Inc. truck driver went at least 24 hours without sleep before his tractor-trailer crashed into a limousine, critically injuring actor-comedian Tracy Morgan and killing another entertainer, according to a police complaint.
June 9, 2014Retail Gasoline Little Changed, Lundberg Survey Shows
The average price for regular gasoline at pumps was little changed in the past three weeks, gaining just 0.35 cent to $3.691 a gallon, according to Lundberg Survey Inc.
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