Latest News Updates From Bloomberg News

Business

Services Industries Growth Caps Best Quarter Since 2004

Service industries grew in September, capping the strongest quarter of expansion in more than 10 years for the biggest part of the U.S. economy.

October 3, 2014
Business, Fuel

WTI Crude Slips Below $90 for First Time in 17 Months

West Texas Intermediate oil fell below $90 for the first time in 17 months amid signs that supplies from Russia, Saudi Arabia and the U.S. are outstripping demand.

October 2, 2014
Business

Jobless Claims Decline by 8,000

The number of Americans filing applications for unemployment benefits unexpectedly fell last week, a sign the job market is sustaining progress.

October 2, 2014
Business

Manufacturing Cools as Factories Settle Into More Sustainable Expansion

Manufacturing cooled in September following the strongest rate of growth in three years as U.S. factories settled into a more sustainable expansion that will spur the economy.

October 1, 2014
Business

Private Payrolls Increased by 213,000 in September

Companies hired 213,000 workers in September as the labor market continued to strengthen, a private report based on payrolls showed.

October 1, 2014
Business, Fuel, Logistics

Oil-by-Rail Safety Rule Seen Adding Costs: Railroads, API

Proposed federal rules to make hauling crude oil by rail safer and avoid fiery wrecks would drive up costs and put the U.S. energy revival at risk, the head of an oil industry trade group said.

September 30, 2014
Business, Government, Logistics

Consumer Confidence Declines to Four-Month Low

Confidence among U.S. consumers declined in September to a four-month low as Americans’ views of the labor market deteriorated.

September 30, 2014
Business, Fuel, Autonomous

Nat Gas-Powered Trucks Expected to Boost Fuels’ Popularity

Liquefied natural gas will gain a “significant†market share in the transport sector by 2035, led by demand from trucking, the International Center for Natural Gas Information said.

September 29, 2014
Business

Pending Sales of Existing °®¶¹´«Ã½s Fell 1% in August

Contracts to purchase previously owned homes declined in August as tighter credit and limited wage growth weigh on potential buyers.

September 29, 2014
Business

Consumer Spending Climbed in August on Income Gain

Consumer spending in the U.S. rebounded in August as further job gains encouraged households to loosen their purse strings.

September 29, 2014