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Victoria Stilwell

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Jobless claims in U.S. held last week near four-month low

WASHINGTON – The number of Americans filing applications for unemployment benefits held last week near the lowest level in almost four months, a sign...

Retail sales improve for first time in three months

WASHINGTON – Retail sales in the U.S. rose in February for the first time in three months, a sign consumers are starting to shake...

Household worth climbs by $2.95 trillion to record

WASHINGTON – Household wealth in the U.S. increased from October through December, as gains in stock portfolios and home prices boosted Americans’ finances. Net worth...
SALES OF EXISTING homes dropped 5.1 percent in January, reflecting the impact of harsh weather and declining affordability, the National Association of Realtors said Friday. / BLOOMBERG FILE PHOTO/TY WRIGHT

Sales of existing homes slump to lowest since July 2012

WASHINGTON – Sales of previously owned U.S. homes dropped in January to the lowest level in more than a year as harsh winter weather...
AS THE BABY BOOMER generation nears retirement age, many are dropping out of the workforce for good, which economists say could mean that low labor force participation rates are not as dramatic as they appear. / BLOOMBERG FILE PHOTO/DANIEL ACKER

Boomers turn on, tune in, drop out of labor force

WASHINGTON – When Robin McLane’s generation hit public schools in the 1950s, there were never enough classrooms or teachers to accommodate the bulge, she...

Manufacturing expands at slowest pace since May

WASHINGTON – American factories expanded in January at the weakest pace in eight months as orders slumped, a sign manufacturing cooled at the start...

Orders for U.S. durable goods unexpectedly fell in December

WASHINGTON – Orders for durable goods unexpectedly slumped in December by the most in five months, reflecting a broad-based retreat that raises the risk...

Improving U.S. growth lifts inflation as claims drop

WASHINGTON – An improving U.S. economy is underpinning inflation, limiting firings and lifting consumers’ moods, brightening the outlook for growth at the start of...

U.S. third-quarter GDP growth revised to 4.1% on services

WASHINGTON – The U.S. economy expanded in the third quarter at a faster rate than previously estimated as consumers stepped up spending on services...

U.S. leading indicators increase more than forecast

WASHINGTON – The index of U.S. leading indicators rose more than forecast in November, a sign the economic expansion will gain traction in the...

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