The Senate continued debating the homeland security bill last week, but wrangling over details threatened to derail it as the end of the congressional session neared.

U.S. industrial production dropped for the first time this year in August, the Federal Reserve reported Tuesday.

U.S. industrial production rose 0.2% in July, the Federal Reserve reported Thursday, calling it the weakest performance since April.

Click here to write a Letter to the Editor. he Environmental Protection Agency will fine engine manufacturers as much as $12,210 for heavy-truck diesel engines that don't meet the Oct. 1 deadline to cut nitrogen-oxide emissions, Bloomberg reported late Thursday.

Inexpensive mortgages helped pushed the sales of new homes to a record pace in June, the Commerce Department said Thursday, while a national real estate trade association reported sales of existing homes down 11.7%, the biggest drop since April 1995.

The Bush administration and Amtrak reached tentative deal Wednesday night to resolve a budget crisis and keep the nation's passenger railroad running for the time being, the Associated Press reported.

In a sign of continued gradual recovery, the Conference Board said Thursday its index of leading indicators increased 0.4% in May, the sixth increase in the past seven months.

The number of persons out of work and claiming unemployment compensation last week reached a 19-year high, despite a slight drop in new state unemployment claims, the Labor Department reported Thursday.

Two economic reports yielded mixed results on Tuesday, as productivity soared 8.6% in the first quarter, but wholesale inventories were unchanged in March..

Although 43,000 jobs were created in April, the U.S. unemployment rate rose to 6.0%, its highest level since in 7½ years, the Labor Department said Friday.