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Shobhana Chandra

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Companies in U.S. added 219,000 workers in July, ADP data show

NEW YORK - Companies added the most workers in five months to U.S. payrolls in July, a sign hiring remains strong despite a shrinking pool of...
AMERICAN CONSUMER SPENDING increased for a fourth consecutive month in June, accompanied by a continued increase in inflation, according to the Commerce Department. / BLOOMBERG FILE PHOTO/VICTOR J. BLUE

U.S. consumer spending stayed solid in June

WASHINGTON – U.S. consumer spending posted a fourth consecutive solid advance in June, fueled by steady income growth and underscoring strength in the biggest...

U.S. GDP growth hits 4.1%, fastest since 2014, in win for...

NEW YORK - Consumer spending propelled United States economic growth to a 4.1 percent pace in the second quarter, the fastest since 2014, letting President...

U.S. jobless claims dropped last week to lowest level since 1969

NEW YORK - Unemployment lines across the United States last week were the shortest since December 1969, according to a Labor Department report Thursday that...
UNITED STATES manufacturing output rose 0.8 percent in June, the most in four months. / BLOOMBERG FILE PHOTO/TY WRIGHT

Manufacturing output in U.S. rises by most in 4 months

NEW YORK - United States factory production rebounded in June by the most in four months as the industry regained its footing after a fire-related...

U.S. producer prices rise from year ago by most since 2011

NEW YORK - United States wholesale prices rose in the 12 months ended in June by the most since November 2011 as the costs of...
A RECORD NUMBER of Americans quit their job in May. / BLOOMBERG

A record number of Americans are quitting their jobs

NEW YORK - Americans’ confidence in employment prospects is soaring as the labor market tightens. The latest proof: A record number are voluntarily quitting...
U.S. PAYROLLS rose faster than estimates in June, according to the most recent ADP Research Institute data. / BLOOMBERG FILE PHOTO/LUKE SHARRETT

Companies in U.S. added fewer workers than forecast in June

NEW YORK - Companies in the United States added fewer workers in June than forecast as a tight and still-solid labor market led to a slower...
U.S. CAPITAL GOODS orders declined 0.2 percent month to month in May. / BLOOMBERG

Drop in May orders for U.S. capital goods follows April jump

NEW YORK - Orders placed with United States factories for business equipment cooled unexpectedly in May after an upwardly revised April jump that was...
U.S. MANUFACTURING OUTPUT declined 0.7 percent in May. /BLOOMBERG FILE PHOTO/TY WRIGHT

U.S. manufacturing output fell in May by the most since 2014

NEW YORK - United State factory production fell in May by the most since January 2014, weighed down by fewer truck assemblies and still...
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