Latest News Updates From Bloomberg News

Business, Logistics

Union Pacific鈥檚 1Q Earnings Jump 14%

Union Pacific Corp.鈥檚 first-quarter earnings jumped 14% to $1.1 billion, or $2.38 a share, the company reported April 17. Revenue rose 6.6% to $5.64 billion.

April 17, 2014
Business

Weekly Jobless Claims Rise by 2,000

Jobless claims increased by 2,000 to 304,000 in the week ended April 12 from a revised 302,000 the prior period that was the lowest since September 2007, a Labor Department report reported April 17.

April 17, 2014
Business

Industrial Production Rises 0.7% in March

Industrial production rose 0.7% in March after a revised 1.2% increase the prior month, figures from the Federal Reserve showed April 16.

April 16, 2014
Business

Housing Starts Rise 2.8% in March

Housing starts climbed 2.8% in March to a 946,000 annualized rate after February鈥檚 920,000 pace, which was higher than previously reported, Commerce Department reported April 16.

April 16, 2014
Business, Government

Consumer Prices Rise 0.2% in March

The consumer price index climbed 0.2% in March after increasing 0.1% the prior month, a Labor Department report showed April 15.

April 15, 2014
Business

Retail Sales Increase by Most Since 2012

Retail sales rose 1.1% in March by the most since September 2012, helping the economy recover from a weather-depressed start to the year, the Commerce Department reported April 14.

April 14, 2014
Business

Consumer Sentiment Rises to Highest Level Since July

The Thomson Reuters/University of Michigan preliminary index of consumer sentiment climbed to 82.6 in April, the highest level since July, from a four-month low of 80 in March.

April 11, 2014
Business

Wholesale Prices in Rise in March

Producer prices in the United States rose 0.5% in March, the biggest gain since June, the Labor Department reported April 11.

April 11, 2014
Government

Gasoline Prices Rise to Eight-Month High in Lundberg Survey

The average price for regular gasoline at U.S. pumps rose 4.9 cents in the past two weeks to $3.6065 a gallon, the highest since July 26, according to Lundberg Survey Inc.

April 7, 2014
Business

US Trade Deficit Grows 7.7%

The U.S. trade deficit widened 7.7% in February to the highest level in five months as exports of fuels and capital equipment dropped, the Commerce Department reported April 3.

April 3, 2014