Business

Manufacturing Grows at Fastest Pace in Three Years

Manufacturing expanded in August at the fastest pace in three years as orders grew by the most in a decade, showing U.S. factories will help power the economy into the third quarter.

September 2, 2014
Business

US Tightens Rules Amid Worst Barge Spills Since 2008

Tighter regulation of U.S. ships carrying record exports of diesel and gasoline is coming amid the worst year for oil spills from barges since 2008.

August 29, 2014
Business

Consumer Sentiment in US Increases in August

Consumer confidence unexpectedly rose in August, showing a brightening in Americans’ moods as the labor market gains traction.

August 29, 2014
Business

Consumer Spending Falls for First Time in Six Months

Consumer spending in the U.S. dropped in July for the first time in six months, a sign households are lagging behind as wages fail to accelerate.

August 29, 2014
Business

Chicago Manufacturing Index Climbs to 64.3 in August

Business activity in the Chicago area climbed in August as orders accelerated, a sign that manufacturing will continue to add momentum to the economy.

August 29, 2014
Government

Economy in US Expands 4.2%, More Than Previously Forecast

The economy in the U.S. expanded more than previously forecast in the second quarter, propelled by the biggest gain in business investment in more than two years, which bodes well for the rest of 2014.

August 28, 2014
Business

Pending Sales of US Existing Homes Increase in July

Contracts to purchase previously owned homes rose more than forecast in July, a sign of renewed momentum in residential real estate.

August 28, 2014
Business

Jobless Claims Little Changed as Economy Strengthens

The number of Americans filing for unemployment benefits was little changed last week, near the lowest level in seven years as employers held on to staff in an improving economy.

August 28, 2014
Business

Canadian Ports Win as Ships Avoid US on Labor Concern

Prince Rupert, a remote port luring tourists with the slogan “Where Canada’s Wilderness Begins,” may want to consider a new motto: “Asia’s Gateway to Chicago.”

August 27, 2014
Business

Consumer Confidence Rises to Almost Seven-Year High

Consumer confidence in the U.S. unexpectedly climbed in August to the highest level in almost seven years, reinforcing signs of a strengthening outlook for the second half of 2014.

August 26, 2014