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, 2014Latest News Updates From Bloomberg News
Housing Starts Drop in August
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, 2014Consumer 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°®¶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, 2014Wholesale 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, 2014Auto 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, 2014Consumer 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, 2014Retail 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, 2014Unemployment 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, 2014Visteon 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.
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