Latest News Updates From Bloomberg News

Business

Housing Starts Drop in August

Housing starts slumped in August after reaching the highest level in almost seven years, pointing to an uneven pickup in the U.S. residential real-estate market that will limit its contribution to economic growth.

September 18, 2014
Business

Jobless Claims Decline to Two-Month Low of 280,000

The number of Americans filing applications for unemployment benefits plunged last week to a two-month low, a sign the labor market continues to strengthen.

September 18, 2014
Government

Consumer Prices Drop for First Time in a Year

The cost of living in the U.S. unexpectedly dropped in August for the first time in more than a year.

September 17, 2014
Business

°®¶¹´«Ã½builder Confidence Rises to Nine-Year High

Confidence among U.S. homebuilders rose in September to a nine-year high, showing the industry is gaining ground and will be a source of momentum for the economy.

September 17, 2014
Business, Government

Wholesale Prices Little Changed in August

Wholesale prices in the U.S. were little changed in August from the prior month, restrained by a plunge in gasoline prices and a sign of limited inflation in the production pipeline.

September 16, 2014
Business

Auto Manufacturing Slips in August, But Decline may be Short-Lived

Industrial production in the U.S. unexpectedly declined in August for the first time in seven months as auto manufacturing cooled.

September 15, 2014
Business

Consumer Sentiment Rises to Highest in 14 Months

American consumer confidence rose to the highest level in more than a year in September, as households’ views on the outlook for the economy brightened.

September 12, 2014
Business

Retail Sales Increase by Most in Four Months

Sales at retailers climbed in August at the fastest pace in four months and prior readings were revised up, boosting prospects for U.S. economic growth this quarter.

September 12, 2014
Business

Unemployment Claims Rise to Two Month High

The number of Americans filing for unemployment benefits unexpectedly rose last week to a two-month high, interrupting a steady decrease to the lowest level since before the last recession.

September 11, 2014
Business

Visteon Board Said to Weigh Splitting Into Two Companies

Visteon Corp., the auto-parts maker that was once a unit of Ford Motor Co., is exploring a plan to split into two companies, one focused on electronics and the other on climate controls, people familiar with the matter said.

September 10, 2014