The average price of regular gasoline at U.S. pumps slid to the lowest level since Nov. 5, 2010, dropping 10 cents in the two weeks ended Nov. 21 to $2.84 a gallon, according to Lundberg Survey Inc.
November 24, 2014Latest News Updates From Bloomberg News
Jobless Claims in US Increase to Almost Three-Month High
More Americans than forecast filed for unemployment benefits last week, a possible sign the pace of improvement in the labor market has cooled.
November 26, 2014Renewable Fuels Quotas for 2014 Delayed by EPA After Fight
The U.S. Environmental Protection Agency punted on setting quotas for the use of renewable fuels in 2014 and pledged to lay out next year targets for 2014-2016.
November 21, 2014BNSF to Spend $6 Billion in 2015 to Ease Rail Gridlock
BNSF Railway Co., the railroad owned by Warren Buffett’s Berkshire Hathaway Inc., plans to spend a record $6 billion next year to help speed trains and improve service crimped by surging grain and oil shipments.
November 21, 2014Michelin Sees Tire That Avoids Flats on Cars Eventually
Michelin’s plan to be the first large-scale maker of airless tires that avoid punctures will first target flat-prone industries such as construction. Passenger cars may eventually use the technology, too.
November 21, 2014Previously Owned 91ÊÓÆµ Sales Increase to One-Year High
Purchases of previously owned U.S. homes unexpectedly rose in October to a one-year high as low borrowing costs helped sustain the recovery in residential real estate.
November 20, 2014Consumer Prices Little Changed as Fuel Costs Decrease
The cost of living in the U.S. was little changed in October, reflecting a drop in energy prices that has yet to filter through to other goods and services.
November 20, 2014Fewer Than 300,000 Americans File Jobless Claims for 10th Week
Fewer Americans filed for unemployment benefits last week as the need to retain staff keeps firings at the lowest levels in more than a decade.
November 20, 2014Permits Rise to Six-Year High as Housing Starts Decrease
Residential-construction permits in the U.S. climbed in October to a six-year high, pointing to a pickup in homebuilding after activity cooled because of a slowdown in multifamily projects.
November 19, 2014Producer Prices Climb on Services Costs
Wholesale prices in the U.S. unexpectedly increased in October as higher costs for services and food outweighed a slump in energy.
November 19, 2014Follow Us
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