Bloomberg News
Fewer Americans than forecast file for unemployment benefits
WASHINGTON - Fewer Americans than forecast filed for unemployment benefits last week, with applications hovering just above a four-decade low, a Labor Department report...
Christmas in April? Toymakers elbow into the candy holiday
Look out, candy man: Toymakers are moving in on your plastic-grass turf.
Retailers and toy companies are working together this year to create items for...
Yellen says Fed’s focus has shifted to holding growth gains
WASHINGTON - Federal Reserve Chair Janet Yellen said the U.S. central bank’s task has shifted from a post-crisis exercise of healing the economy to...
Bond rigging suit quotes cache of chats to boost accusation
NEW YORK - Hundreds of electronic chat transcripts prove some of the world’s biggest banks rigged a multitrillion-dollar corner of the bond market, according...
Technology hits workers’ income share more than trade, IMF says
WASHINGTON - The advance of technology is the biggest reason workers are earning a shrinking slice of the income pie, according to a new study...
In bank earnings season, surprise lurks in rising deposit costs
NEW YORK - When the Federal Reserve raised benchmark interest rates last month, it took North Carolina lender BB&T Corp. less than four minutes to announce...
Payroll gains slow, U.S. jobless rate at lowest since 2007
WASHINGTON - U.S. payroll gains slowed in March while the jobless rate unexpectedly dropped to the lowest in almost a decade, suggesting the labor...
Wall Street hands automakers another problem, in the loan market
NEW YORK - On countless occasions in recent years, the U.S. auto industry has relied on cheap and easy credit from Wall Street to get...
Senate Republicans force historic rule change to advance Gorsuch
WASHINGTON - Senate Republicans ignited the "nuclear option" to allow confirmation of President Donald Trump’s U.S. Supreme Court nominee and bar Democrats from blocking...
Stocks, dollar rise after late selloff; oil gains
NEW YORK – U.S. stocks rose with the dollar, while Treasuries slipped as investors reassessed the Federal Reserve’s signal that it intends to shrink...
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