Government, Business

Factory Orders Tick Up in January

Orders placed with factories for business equipment barely rose in January after falling the prior month, suggesting firms are restraining their investment amid an uncertain outlook.

Augusta Saraiva | Bloomberg News
February 27, 2024
Government, Business

Inflation Tops Forecasts in Blow to Fed Rate-Cut Hopes

U.S. consumer prices jumped at the start of the year, stalling recent disinflation progress and likely delaying any Federal Reserve interest-rate cuts.

Augusta Saraiva | Bloomberg News
February 13, 2024
Business, Equipment

Factory Gauge Contracts at Slowest Pace in Nearly a Year

A measure of U.S. factory activity contracted in September by the least in nearly a year, offering hope that the worst may be over for the nation’s producers.

Augusta Saraiva | Bloomberg News
October 2, 2023
Government, Business

Service Industry Expands Modestly as Activity Cools

The U.S. service sector expanded only modestly in April according to the Institute for Supply Management, restrained by the weakest pace of business activity in nearly three years.

Augusta Saraiva | Bloomberg News
May 3, 2023
Government, Business, Equipment

Factory Activity Contracts for a Sixth Month in April

U.S. factory activity contracted for a sixth-straight month in April, the longest such stretch since 2009 and a sign of lingering malaise in manufacturing.

Augusta Saraiva | Bloomberg News
May 1, 2023
Government, Business

Business Activity Unexpectedly Jumps

U.S. business activity unexpectedly climbed this month to nearly a one-year high, bolstered by stronger services and manufacturing that threatens to reignite inflationary pressures.

Augusta Saraiva | Bloomberg News
April 21, 2023
Government, Business

Imports Surge Led to Record Trade Gap in 2022

The U.S. trade deficit widened to a record last year on a surge in imports as American companies scrambled early on to ensure they had enough merchandise on hand to meet demand.

Augusta Saraiva | Bloomberg News
February 7, 2023
Government, Business

Business Activity Shrinks Again in Moderate Contraction

U.S. business activity contracted for a seventh month, though at a more moderate pace, while a measure of input prices firmed in a sign of lingering inflationary pressures.

Augusta Saraiva | Bloomberg News
January 24, 2023
Government, Business

Trade Deficit Widens on Greater Imports, Drop in Exports

The U.S. trade deficit widened for a second month in October, as the value of imports increased and exports declined, which may weigh on economic growth in the fourth quarter.

Augusta Saraiva | Bloomberg News
December 6, 2022
Government, Business, Logistics

Mediterranean Shipping Co. Clashing With Machinists’ Union Over Seattle Terminal Duties

Mediterranean Shipping Co. filed a motion in late October with the National Labor Relations Board urging SSA Marine Inc. to assign tasks at the Port of Seattle’s Terminal 5 to the International Longshore and Warehouse Union.

Augusta Saraiva | Bloomberg News
October 31, 2022