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Jeanna Smialek

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Initial jobless claims slump as two U.S. states underreport

WASHINGTON - Jobless claims in the U.S. declined last week to the lowest level since April 2006 as work on computer systems in two...
NEW JOBLESS CLAIMS dropped last week to the lowest level since October 2007. / BLOOMBERG FILE PHOTO/JEFF KOWALSKY

Jobless claims in U.S. decline to lowest level since 2007

WASHINGTON -- Claims for jobless benefits unexpectedly dropped last week to the lowest level in almost six years, signaling the U.S. job market continues...
PENDING HOME SALES on previously-owned homes fell in June, a sign rising mortgage rates are slowing the housing market / BLOOMBERG FILE PHOTO/JACOB KEPLER

Pending sales of previously owned U.S. homes fell 0.4% in June

WASHINGTON -- Fewer Americans signed contracts in June to buy previously owned homes, showing rising mortgage rates are beginning to restrain the housing market. The...
SALES OF NEW homes in the U.S. climbed more than forecasting in June, rising to the highest level in five years.  / BLOOMBERG FILE PHOTO/DANIEL ACKER

New-home sales in U.S. climbed more than forecast in June

WASHINGTON -- Sales of new U.S. homes rose more than forecast in June to the highest level in five years, a sign builders are...
FEWER RESIDENTS THAN FORECAST FILED employment benefits in the U.S. last week as the effects of auto-plant shutdowns began to fade. Above: General Motors Co. (GM) Chevrolet Sonic and Buick Verano vehicles move along the production line at company's assembly plant in Lake Orion, Mic. / BLOOMBERG FILE PHOTO/JEFF KOWALSKY

Jobless claims in U.S. drop as auto factories come back on...

WASHINGTON - Fewer Americans than forecast filed applications for unemployment benefits as the effects of auto- plant shutdowns began to ebb. Jobless claims dropped by...

Housing starts in U.S. unexpectedly fall to lowest in a year

WASHINGTON – Starts of new U.S. homes unexpectedly fell in June to the lowest level in almost a year, indicating a pause in the...
LAURA MASSAY smiles as she talks to a customer at Beetz Me in Princeton, Ill. Confidence among U.S. small businesses rose to a one-year high in May. / BLOOMBERG FILE PHOTO/DANIEL ACKER

Small-business optimism in U.S. climbed to one-year high in May

WASHINGTON – Confidence among U.S. small businesses climbed in May to a one-year high as the economic outlook over the next six months brightened. The...
GROWING FAITH IN THE U.S. economy kept consumer confidence at a five-year high last week as Americans had the least pessimistic view of the economy since 2008. / BLOOMBERG FILE PHOTO/VICTOR J. BLUE

Growing faith in economy keeps confidence at 5-year high

WASHINGTON - Consumer confidence last week was unchanged near a five-year high as Americans had the least pessimistic views on the economy since 2008. The...
CONSTRUCTION spending in the U.S. climbed in April on private building projects. / BLOOMBERG FILE PHOTO/TIM BOYLE

Construction spending in U.S. increases on private building

WASHINGTON – Construction spending in the U.S. climbed in April, as private projects rose and public spending slumped. Outlays increased 0.4 percent to a $860.8...
FEWER AMERICANS than forecast filed for unemployment benefits last week.  / BLOOMBERG FILE PHOTO/JEFF KOWALSKY

Jobless claims in U.S. dropped more than forecast last week

WASHINGTON - Fewer Americans than projected filed applications for unemployment benefits last week, a sign that the job market is sustaining recent gains. Jobless claims...
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