Government

US Economic Growth Cools on Biggest Trade Drag Since 2010

U.S. economic growth slowed last quarter more than forecast on the biggest drag from trade in six years and more moderate consumer spending. However, business investment picked up, which may be a harbinger for faster expansion in 2017.

Sho Chandra | Bloomberg News
January 27, 2017
Business

Housing Starts Rose More Than Expected in December

Builders broke ground in December on more U.S. homes than forecast as a jump in apartment construction helped cap the seventh straight yearly increase, a report from the Commerce Department showed Jan. 19.

Sho Chandra | Bloomberg News
January 19, 2017
Business

Consumer Prices Rise for Fifth Month on Shelter, Gas

The cost of living in the United States climbed for a fifth month on the back of shelter and fuel prices, pushing inflation closer to the Federal Reserve’s goal.

Sho Chandra | Bloomberg News
January 18, 2017
Business

Americans See Enduring Wage Gains as Labor Market Tightens

After six straight years of annual job gains topping 2 million, America’s labor market is as tight as ever, and it’s entering the next phase: an enduring pickup in wages.

Sho Chandra | Bloomberg News
January 6, 2017
Business

Companies Added 153,000 Employees in December, Says ADP

Companies added fewer jobs than forecast in December, data from the ADP Research Institute in Roseland, New Jersey, showed Jan. 5.

Sho Chandra | Bloomberg News
January 5, 2017
Business

Household, Nonprofit Group Wealth Rises $1.59 Trillion in Third Quarter

Household wealth in the United States accelerated in the third quarter, driven by higher financial assets and real estate values, figures from the Federal Reserve showed Dec. 8.

Sho Chandra | Bloomberg News
December 8, 2016
Business

Applications for Jobless Benefits Fell in Latest Week

Fewer Americans filed applications for unemployment benefits last week, reinforcing the picture of a healthy job market.

Sho Chandra | Bloomberg News
December 8, 2016
Business

Companies in US Added 216,000 Employees in November, ADP Says

Companies in November added the most workers to U.S. payrolls since June, data from the ADP Research Institute in Roseland, New Jersey, showed Nov. 30.

Sho Chandra | Bloomberg News
November 30, 2016
Business, Technology

Orders for Capital Goods Rise for Fourth Month in Last Five

Orders for U.S. business equipment climbed in October for the fourth month in the last five and sales also advanced, indicating corporate investment may be starting to thaw.

Sho Chandra | Bloomberg News
November 23, 2016
Business

Existing Home Sales Climb to Highest Level Since Early 2007

Sales of previously owned U.S. homes unexpectedly climbed in October to the highest level since February 2007, a sign of momentum in the housing market a month before a jump in borrowing costs, National Association of Realtors data showed Nov. 22.

Sho Chandra | Bloomberg News
November 22, 2016