Bloomberg News
Jobless claims in U.S. declined more than forecast last week
WASHINGTON - Filings for U.S. unemployment benefits dropped more than forecast last week, consistent with a robust labor market, a Labor Department report showed...
Fed keeps rates on hold as slowdown in growth deemed temporary
WASHINGTON - Federal Reserve officials left interest rates unchanged while signaling they’ll look past a recent deceleration in U.S. economic growth and stay on...
Big summer shutdowns loom for U.S. auto plants as sales sputter
SOUTHFIELD, Mich. - Auto workers may be getting some extra time off around Independence Day, but they won’t be celebrating. They’ll know it means...
Pay-TV users are bailing faster than ever, clouding media stocks
NEW YORK - U.S. cable and satellite-TV providers suffered their worst first quarter of subscriber losses in history, raising fresh concerns that cord-cutting will...
Massachusetts utilities propose 800 megawatts of offshore wind
National Grid PLC, Unitil Corp. and Eversource Energy proposed buying as much as 800 megawatts of offshore wind energy as a first step to...
U.S. manufacturing expanded less than forecast in April
WASHINGTON - America’s factories expanded less than forecast in April as measures of orders and employment pulled back, Institute for Supply Management data showed...
Consumer spending in U.S. stalled in March for second month
WASHINGTON - U.S. consumer spending stalled in March while inflation slowed to below the Federal Reserve’s target, showing the biggest part of the economy...
Fatter paychecks set to perk up U.S. growth as consumer rebounds
WASHINGTON - Weak consumer spending slowed the U.S. expansion to a crawl in the first quarter, a setback economists view as temporary as wage...
Consumer sentiment in U.S. was little changed in April
WASHINGTON - Household sentiment was little changed in April from the previous month, holding at an elevated level on optimism about personal finances, University of...
Trump era brings rare drop in loans at America’s regional banks
NEW YORK - For regional banks across the U.S., the “Trump bump” hasn’t yet translated into business. Bank stocks have climbed since Donald Trump was...
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