Business

Wholesale Prices Show Broad-Based Retreat in April

Wholesale prices in the United States unexpectedly declined in April from the prior month.

May 14, 2015
Business

Jobless Claims Fall as 4-Week Average Reaches 15-Year Low

Fewer Americans than forecast filed applications for unemployment benefits last week, pushing the average over the past month to the lowest level in 15 years and underscoring labor-market strength.

May 14, 2015
Business

Retail Sales Disappoint Again

Sales at U.S. retailers changed little in April, starting the second quarter on a weak note as Americans remained reluctant to splurge.

May 13, 2015
Business, Fuel

Oil Retreats on Speculation Global Supply Glut to Endure

Oil dropped a third day in London May 11 amid speculation that a global oversupply will persist.

May 11, 2015
Business

Volkswagen Creates Truck Group to Push MAN, Scania Cooperation

Volkswagen AG created a holding company for its MAN and Scania heavy-truck units in the latest effort to kick-start cost savings and cooperation efforts after buying the former rivals.

May 7, 2015
Business, Safety

Jobless Claims in US Hover Near Lowest Levels in 15 Years

Fewer Americans than forecast filed applications for unemployment benefits last week, dropping the average over the past month to the lowest in 15 years, indicating companies are holding on to workers.

May 7, 2015
Business, Safety, Government, Logistics, Fuel

BNSF Oil-Train Derailment Sets Tank Cars on Fire in North Dakota

A BNSF Railway train carrying crude oil derailed in North Dakota, setting several tank cars on fire and prompting the evacuation of nearby residents, U.S. and local authorities said.

May 6, 2015
Business

US Oil Jumps Above $60 for First Time This Year as Glut Eases

Oil surged above $60 a barrel in New York for the first time since December on speculation the biggest U.S. supply glut in 85 years will ease.

May 5, 2015
Business, Fuel

Trade Gap in US Swells to 6-Year High as Imports Surge

The U.S. trade deficit widened in March to the highest level in more than six years, fueled by a record surge in imports as commercial activity resumed at West Coast ports after a resolution to labor disputes.

May 5, 2015
Business

Manufacturing Holds at Weakest Pace of Growth Since 2013

Manufacturing in April held at the weakest pace in almost two years, prompting factories to pull back on hiring as they await stronger demand in the United States and abroad.

May 1, 2015