Latest News Updates From Bloomberg News

Business

Sales of New °®¶¹´«Ã½s Fall to Five-Month Low

Purchases of new homes in the United States fell in February to the lowest level in five months, a sign the industry may take time to pick up after inclement weather damped demand earlier in the year.

March 25, 2014
Business

°®¶¹´«Ã½ Prices in 20 US Cities Rose 13.2% in Year to January

Residential real estate prices climbed at a slower pace in the year through January than a month earlier, indicating momentum in the housing market may be cooling.

March 25, 2014
Government

California Drought Has Salmon Hitching Rides in Trucks

California will begin hauling 30 million young Chinook salmon hundreds of miles toward the Pacific Ocean in tanker trucks to save the fishing industry after a record drought left rivers too low for migration.

March 25, 2014
Business

CSAV, Hapag-Lloyd to Become Fourth-Largest Container Line

Cia. Sud Americana de Vapores SA shareholders approved a proposed combination of its container shipping operations with Germany’s Hapag-Lloyd AG to create the world’s fourth-largest container line.

March 24, 2014
Business

Sales of Existing °®¶¹´«Ã½s Fall to Lowest Since 2012

Purchases of previously owned homes in the United States declined in February to the lowest level since July 2012, a sign the industry may be slow to recover.

March 20, 2014
Business

Leading Economic Indicators Rise; Manufacturing Rises in Philadelphia

The index of U.S. leading indicators increased in February, a sign the economy will strengthen after a weather-induced slowdown in the first quarter.

March 20, 2014
Business, Safety

Jobless Claims Held Last Week Near Four-Month Low

The number of Americans filing applications for unemployment benefits held last week near the lowest level in almost four months, a sign the labor market continues to strengthen.

March 20, 2014
Business

Housing Starts Little Changed From Stronger January

Housing starts in the United States were little changed in February after declining less than previously estimated a month earlier, indicating the home-building industry is stabilizing after bad winter weather curbed construction.

March 18, 2014
Business

Factory Production Rises by Most in Six Months

U.S. factory production rose in February by the most in six months, indicating manufacturing is starting to recover from severe winter weather, the Federal Reserve reported March 17.

March 17, 2014
Business

Retail Sales in US Increase for First Time in Three Months

Retail sales in the U.S. rose in February for the first time in three months, a sign consumers are starting to shake off the effects of the harsh weather that had curbed spending even more than previously estimated.

March 13, 2014