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Shobhana Chandra

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Jobless claims in U.S. fell to a one-month low last week

WASHINGTON - Fewer Americans filed applications for unemployment benefits last week, signaling limited progress in the labor market. Jobless claims fell by 9,000 to 397,000...

ADP says U.S. companies added 110,000 workers in October

WASHINGTON - Companies added workers in October, easing concern the job market is stagnating in the third year of the U.S. recovery, according to...

U.S. MBA mortgage applications index climbed 4.9% last week

WASHINGTON - Mortgage applications rose last week following the biggest decline of the year, showing housing remains depressed. The Mortgage Bankers Association’s index climbed 4.9...

Home prices in 20 U.S. cities decline more than forecast

WASHINGTON - Home prices in 20 U.S. cities dropped more than forecast in August, highlighting one of the obstacles facing the economic recovery in...

Jobless claims in U.S. decreased 6,000 last week to 403,000

WASHINGTON - The number of Americans filing applications for unemployment benefits declined last week to a level that shows little improvement in the labor...
The U.S. economy grew at a 1.3 percent pace in the second quarter, faster than estimated last month and helped by exports and spending on services.
 / COURTESY BLOOMBERG NEWS FILE PHOTO

U.S. economy grew at a revised 1.3% pace in 2Q

WASHINGTON - The U.S. economy grew at a 1.3 percent pace in the second quarter, faster than estimated last month and helped by exports...

Sales of new U.S. homes fell to six-month low in August

WASHINGTON - Purchases of new houses in the U.S. declined in August to a six-month low as the biggest drop in prices in two...

U.S. current-account gap unexpectedly narrowed in second quarter

WASHINGTON - The current-account deficit in the U.S. unexpectedly narrowed in the second quarter, reflecting an increase in exports and a record income surplus. The...

Retail sales in U.S. unexpectedly stagnate on lack of jobs

WASHINGTON - Retail sales in the U.S. unexpectedly stagnated in August as a lack of jobs restrained shoppers, highlighting the risk the economy will...

Consumer prices in U.S. increased more than forecast

WASHINGTON - The cost of living in the U.S. climbed in July by the most in four months, led by higher energy and food...
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