Business

Jobless Claims Rise to Highest in Almost Three Months

U.S. filings for unemployment benefits rose more than expected last week to the highest in almost three months amid holidays that may have played a role in the increase, Labor Department figures showed April 5.

Katia Dmitrieva | Bloomberg News
April 5, 2018
Government, Business

Trade Gap Widens for Sixth Month Ahead of Trump Tariffs

The U.S. trade deficit widened by more than forecast to a fresh nine-year high in February amid broad-based demand for imports, ahead of Trump administration tariffs that have raised the specter of a trade war.

Katia Dmitrieva | Bloomberg News
April 5, 2018
Business

Growth in US Service Industries Cools for a Second Month

Growth in U.S. service industries cooled in March for a second month as orders settled back from the fastest pace in more than 12 years, a survey from the Institute for Supply Management showed April 4.

Katia Dmitrieva | Bloomberg News
April 4, 2018
Business

Consumer Sentiment Surges to Highest Since 2004

Consumer sentiment in March reached the highest level since 2004 as a solid labor market and growth expectations offset concerns about tariffs and stock-market volatility, a University of Michigan survey showed March 29.

Katia Dmitrieva | Bloomberg News
March 29, 2018
Business

Home Prices in 20 US Cities Advance More Than Forecast

A limited number of properties for sale against a backdrop of steady demand helped keep home prices elevated in January, according to S&P CoreLogic Case-Shiller data released March 27.

Katia Dmitrieva | Bloomberg News
March 27, 2018
Business

New-Home Sales Cool for Third Month as Prices Surge

Sales of new U.S. homes fell for a third straight month and supply swelled to the highest since 2009, suggesting that surging prices are increasingly deterring buyers, according to government data released March 23.

Katia Dmitrieva | Bloomberg News
March 23, 2018
Business

Jobless Claims Creep Higher While Benefit Rolls Lowest Since 1973

U.S. filings for unemployment insurance crept higher while the number of Americans on benefit rolls fell to the lowest level since 1973 in another indication of a tight job market, Labor Department figures showed March 22.

Katia Dmitrieva | Bloomberg News
March 22, 2018
Business

Housing Starts Cooled in February After Robust January

U.S. new-home construction cooled by more than expected in February on a reversal in the volatile multifamily category, while building remained on pace to contribute to economic growth this quarter, government figures showed March 16.

Katia Dmitrieva | Bloomberg News
March 16, 2018
Business

Jobless Claims Decline for Third Time in Four Weeks

U.S. filings for unemployment benefits fell for the third time in four weeks and remain near the lowest level in 48 years, underscoring tightness in the job market, Labor Department figures showed March 14.

Katia Dmitrieva | Bloomberg News
March 15, 2018
Business

Retail Sales Unexpectedly Fall for Third Straight Month

U.S. retail sales unexpectedly fell in February for a third month, adding to signs that consumer spending will cool this quarter from the previous period’s hot pace, according to Commerce Department figures released March 14.

Katia Dmitrieva | Bloomberg News
March 14, 2018