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Alex Kowalski

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A U.S. flag flies behind a Wall Street sign outside of the New York Stock Exchange. / BLOOMBERG NEWS FILE PHOTO JIN LEE

U.S. economy grows less than forecast as consumers struggle

WASHINGTON - The U.S. economy expanded less than forecast in the fourth quarter as consumers curbed spending and government agencies cut back, validating the...

Sales of existing U.S. homes probably increased in December

WASHINGTON - Sales of previously owned U.S. homes probably rose in December to the highest level in more than a year, a sign the...

Confidence among U.S. homebuilders climbs to highest since 2007

WASHINGTON - Confidence among U.S. homebuilders rose in January to the highest level in more than four years as sales and buyer traffic improved. The...
JOB seekers look at listings on a bulletin board at the One Stop Career Link Center in San Francisco. Fewer Americans filed claims for unemployment insurance payments last week, showing the labor market is starting 2012 on better footing than a year earlier. / BLOOMBERG NEWS FILE PHOTO DAVID PAUL MORRIS

Jobless claims in U.S. dropped 15,000 last week to 372,000

WASHINGTON - Fewer Americans filed claims for unemployment insurance payments last week, showing the labor market is starting 2012 on better footing than a...

Economy in U.S. expands less than previously estimated

WASHINGTON - The economy in the U.S. grew less than previously estimated in the third quarter, reflecting a smaller gain in consumer spending that...

Industrial production in U.S. unexpectedly fell in November

WASHINGTON - U.S. industrial production unexpectedly dropped in November for the first time in seven months, an indication of a pause in manufacturing as...

Retail sales in U.S. climbed less than forecast in November

WASHINGTON - U.S. retail sales rose in November at the slowest pace in five months, indicating faster job growth may be needed to spark...

CFOs see no U.S. growth pickup, survey says

WASHINGTON - Chief financial officers in the U.S. are less confident the recovery in the world’s largest economy will accelerate in 2012 as government...

Pending sales of U.S. existing homes rose 10.4% in October

WASHINGTON - The number of Americans signing contracts to buy previously owned homes rose more than forecast in October as buyers took advantage of...

Economy in U.S. grew less than forecast on inventory cuts

WASHINGTON - The economy in the U.S. expanded less than previously estimated in the third quarter, reflecting a drop in inventories that points to...
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