Business

Sales of New Homes Surged in August to Six-Year High

New-home sales in the U.S. surged in August to the highest level in more than six years, a sign that the housing recovery is making progress.

September 24, 2014
Business

Gasoline Prices Fall to Lowest Since February

Gasoline prices at U.S. pumps, already at a seven-month low, may extend their decline amid falling crude costs that are spurring oil refineries to increase production of the road fuel, according to Lundberg Survey Inc.

September 22, 2014
Business

Sales of Existing Homes Decrease as Investors Retreat

Purchases of previously owned U.S. homes declined in August for the first time in five months as investors retreated from the market.

September 22, 2014
Business

US Port Labor Talks Turn on Automation Cutting Workers

West Coast shippers and dockworkers are struggling to reach a labor agreement as terminal operators replace as many as half of laborers at some ports with robots in the largest technological change in half a century.

September 19, 2014
Business

Leading Economic Indicators Increase 0.2% in August

The Conference Board’s index of U.S. leading economic indicators, a gauge of the outlook for the next three to six months, climbed 0.2% in August after increasing 1.1% the prior month, the New York-based group said.

September 19, 2014
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

Homebuilder 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