by - September 27, 2012 6:18 pm
Demand for U.S. durable goods other than transportation equipment unexpectedly dropped in August for a third consecutive month, signaling that slowdowns in business investment and exports will restrain the economic…
by - September 26, 2012 4:21 pm
Purchases of new U.S. homes in August held close to a two-year high, further evidence of recovery in the housing market that will help sustain the economic expansion. Sales fell…
by - September 20, 2012 1:43 pm
Household wealth in the U.S. dropped from April through June as stocks prices declined, overshadowing a second consecutive gain in home prices. Net worth for households and non-profit groups decreased…
by - September 20, 2012 1:32 pm
More Americans than forecast filed claims for unemployment benefits and an index of leading indicators declined for second time in three months, adding to signs of weakness in the world’s…
by - September 18, 2012 8:44 pm
For the first time since the recession, there’s potential for rising U.S. property values to boost consumer spending and give the economy a nudge. Housing’s so-called wealth effect has been…
by - September 14, 2012 4:14 pm
Industrial production in the U.S. unexpectedly fell in August by the most since March 2009, highlighting risks to the economic outlook a day after the Federal Reserve boosted record stimulus….
by - September 12, 2012 10:46 am
The U.S. poverty rate remained at almost a two-decade high last year, while household income fell, underscoring a sputtering economic recovery that’s at the heart of the presidential campaign. The…
by - September 11, 2012 6:54 pm
China’s holdings of more than $1 trillion in U.S. debt and the prospect that it might “suddenly and significantly” withdraw funds don’t pose a national security threat, according to a…
by - September 11, 2012 6:43 pm
Moody’s Investors Service said it may join Standard & Poor’s in downgrading the U.S.’s credit rating unless Congress next year reduces the percentage of debt- to-gross-domestic-product during budget negotiations. The…
by - September 11, 2012 6:34 pm
The U.S. trade deficit widened in July for the first time in four months as the global economic slowdown took a toll on American exports. The gap grew to $42…
by - September 10, 2012 5:05 pm
Consumer borrowing in the U.S. unexpectedly decreased in July for the first time in almost a year, restrained by a second straight decline in credit-card debt. The $3.28 billion drop…
by - September 7, 2012 10:09 am
Payrolls rose less than projected in August and the unemployment rate was unexpectedly driven down by Americans leaving the labor force, boosting the odds of additional Federal Reserve easing to…
by - September 6, 2012 6:06 pm
Claims for unemployment benefits fell to the lowest level in a month and American companies added more workers than forecast, easing concern the labor market may be stagnating. Jobless claims…
by - September 4, 2012 1:03 pm
U.S. manufacturing shrank for a third month in August in the longest decline since the recession ended in 2009, threatening to deprive the world’s largest economy of a driver of…
by - August 30, 2012 4:33 pm
Americans stepped up spending in July for the first time in three months as an increase in incomes helped make up for a jobless rate stuck above 8%. Purchases increased…
by - August 29, 2012 6:08 pm
The economy expanded more than previously estimated in the second quarter, reflecting gains in consumer spending and exports that are being threatened by costlier gasoline and a global slowdown. Gross…
by - August 28, 2012 12:18 pm
U.S. banks had net income of $34.5 billion in the second quarter, increasing earnings 21% over the year-earlier period on improved asset quality, the Federal Deposit Insurance Corp. said. Industry…
by - August 27, 2012 2:55 pm
The worst U.S. drought in at least 50 years may restrain consumer confidence and spending as it pushes Americans’ grocery bills higher later this year. Food prices will increase an…
by - August 23, 2012 4:12 pm
Applications for U.S. unemployment benefits climbed last week to a one-month high, showing scant progress in the labor market that’s left Americans more pessimistic about the economy. Jobless claims rose…
by - August 21, 2012 3:03 pm
Debra Mollen, 41, a psychology professor in Denton, Texas, said she and her husband don’t plan to have children as they strive to pay down their mortgage and save for…
