Cheaper gas drags down measure of consumer prices
WASHINGTON — A measure of U.S. consumer prices fell in May by the most since December 2008, pulled down by a plunge in gas prices. Excluding volatile food and energy costs, prices rose only modestly....
View ArticleUnemployment aid applications little changed over week
WASHINGTON — The number of people seeking U.S. unemployment benefits dipped last week but not by enough to signal a better month of hiring in June. Weekly applications for unemployment aid declined by...
View ArticleEconomic growth rate slowed in 2Q
WASHINGTON — The U.S. economy grew at an annual rate of just 1.5 percent from April through June, as Americans cut back sharply on spending. The slowdown in growth adds to worries that the economy...
View ArticleApplications for unemployment aid fall by 6,000
WASHINGTON — The number of Americans applying for unemployment benefits fell by 6,000 last week to a seasonally adjusted 361,000, a level consistent with modest gains in hiring. The Labor Department...
View ArticleConsumer prices flat for third time in 4 months
WASHINGTON — Consumer prices were unchanged in July from June, as a small drop in energy costs offset slightly higher food prices. The consumer price index hasn’t increased since March, evidence that...
View ArticleHome construction dips, but signs point up
WASHINGTON — U.S. builders slowed their pace of housing construction slightly in July. But in a hopeful sign for future construction, applications for building permits rose to their highest level since...
View ArticleFed extends low rates into 2015, to spend $40B monthly on bond purchases
The Federal Reserve says it will spend $40 billion a month to buy mortgage-backed securities for long as necessary to stimulate the still-weak economy and reduce high unemployment.
View ArticleJobless claims reach lowest level in more than 4 years
WASHINGTON — The number of Americans seeking unemployment aid plummeted last week to seasonally adjusted 339,000, the lowest level in more than four years. The sharp drop, if sustained, could signal a...
View ArticleHousing construction jumps to 4-year high
WASHINGTON — Builders started construction on homes in September at the fastest rate since July 2008, a further indication that the housing recovery is strengthening and could help the economy grow....
View ArticleOutside drop in autos, US retail spending rises
A sharp drop in auto sales caused largely by a calendar quirk lowered U.S. retail spending in September. But Americans spent more on most other goods, showing some confidence in the economy before much...
View ArticleCheaper gas drags down measure of consumer prices
WASHINGTON — A measure of U.S. consumer prices fell in May by the most since December 2008, pulled down by a plunge in gas prices. Excluding volatile food and energy costs, prices rose only modestly....
View ArticleUnemployment aid applications little changed over week
WASHINGTON — The number of people seeking U.S. unemployment benefits dipped last week but not by enough to signal a better month of hiring in June. Weekly applications for unemployment aid declined by...
View ArticleEconomic growth rate slowed in 2Q
WASHINGTON — The U.S. economy grew at an annual rate of just 1.5 percent from April through June, as Americans cut back sharply on spending. The slowdown in growth adds to worries that the economy...
View ArticleApplications for unemployment aid fall by 6,000
WASHINGTON — The number of Americans applying for unemployment benefits fell by 6,000 last week to a seasonally adjusted 361,000, a level consistent with modest gains in hiring. The Labor Department...
View ArticleConsumer prices flat for third time in 4 months
WASHINGTON — Consumer prices were unchanged in July from June, as a small drop in energy costs offset slightly higher food prices. The consumer price index hasn’t increased since March, evidence that...
View ArticleHome construction dips, but signs point up
WASHINGTON — U.S. builders slowed their pace of housing construction slightly in July. But in a hopeful sign for future construction, applications for building permits rose to their highest level since...
View ArticleFed extends low rates into 2015, to spend $40B monthly on bond purchases
The Federal Reserve says it will spend $40 billion a month to buy mortgage-backed securities for long as necessary to stimulate the still-weak economy and reduce high unemployment.
View ArticleJobless claims reach lowest level in more than 4 years
WASHINGTON — The number of Americans seeking unemployment aid plummeted last week to seasonally adjusted 339,000, the lowest level in more than four years. The sharp drop, if sustained, could signal a...
View ArticleHousing construction jumps to 4-year high
WASHINGTON — Builders started construction on homes in September at the fastest rate since July 2008, a further indication that the housing recovery is strengthening and could help the economy grow....
View ArticleOutside drop in autos, US retail spending rises
A sharp drop in auto sales caused largely by a calendar quirk lowered U.S. retail spending in September. But Americans spent more on most other goods, showing some confidence in the economy before much...
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