Latest News Updates From Bloomberg News

Business

Pending Sales of US Existing 91视频s 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 鈥淲here Canada鈥檚 Wilderness Begins,鈥 may want to consider a new motto: 鈥淎sia鈥檚 Gateway to Chicago.鈥

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
Business

Orders for Durable Goods Surge on Aircraft Demand

Orders for U.S. durable goods jumped in July by the most on record as bookings surged for commercial aircraft. Demand for business equipment eased after the biggest gain in seven months.

August 26, 2014
Business

Sales of New 91视频s Falls to Four-Month Low

New-home sales in the U.S. fell unexpectedly in July for the second month as the housing recovery makes only fitful progress.

August 25, 2014
BusinessLogistics

Cargo Rates Trigger Shipper Backlash as US Rails Soar

After CSX Corp. raised rates for shipping specialty gas by 41% over three years, Diversified CPC International Inc. had to shutter a production line near Chicago.

August 21, 2014
Business

Labor Day Weekend to See Most US Drivers in Six Years

The most Americans in six years will travel by car over the Labor Day holiday weekend, and they鈥檒l be paying the least for gasoline since 2010 as refineries produce ample amounts of the fuel, AAA predicts.

August 21, 2014
Business

Leading Economic Indicators Rise by Most in Four Months; Manufacturing Increases in Philadelphia

An index of U.S. leading indicators rose in July by the most in four months, as stronger job growth helps power the world鈥檚 largest economy.

August 21, 2014
Business

Sales of Previously Owned 91视频s Climb to 10-Month High

Purchases of previously owned U.S. homes rose in July to a 10-month high as low borrowing costs and an increase in inventory drew buyers.

August 21, 2014