Business

Sales of Existing Homes Fall for Third Straight Month

Sales of previously owned homes fell in March for the third consecutive month as rising prices and cold weather discouraged would-be buyers.

April 22, 2014
Government, Business

Leading Economic Indicator Index Gain Points to 2Q Rebound

An index of U.S. leading indicators increased in March by the most in four months, a sign the economic expansion will strengthen following harsh winter weather.

April 21, 2014
Business, Fuel

Gasoline Rises to 13-Month High $3.69 a Gallon, Lundberg Reports

The average price for U.S. regular gasoline rose 8.5 cents in the past two weeks to a 13-month high $3.69 a gallon, according to latest Lundberg Survey released April 20.

April 21, 2014
Business, Logistics

Union Pacific’s 1Q Earnings Jump 14%

Union Pacific Corp.’s first-quarter earnings jumped 14% to $1.1 billion, or $2.38 a share, the company reported April 17. Revenue rose 6.6% to $5.64 billion.

April 17, 2014
Business

Weekly Jobless Claims Rise by 2,000

Jobless claims increased by 2,000 to 304,000 in the week ended April 12 from a revised 302,000 the prior period that was the lowest since September 2007, a Labor Department report reported April 17.

April 17, 2014
Business

Industrial Production Rises 0.7% in March

Industrial production rose 0.7% in March after a revised 1.2% increase the prior month, figures from the Federal Reserve showed April 16.

April 16, 2014
Business

Housing Starts Rise 2.8% in March

Housing starts climbed 2.8% in March to a 946,000 annualized rate after February’s 920,000 pace, which was higher than previously reported, Commerce Department reported April 16.

April 16, 2014
Business, Government

Consumer Prices Rise 0.2% in March

The consumer price index climbed 0.2% in March after increasing 0.1% the prior month, a Labor Department report showed April 15.

April 15, 2014
Business

Retail Sales Increase by Most Since 2012

Retail sales rose 1.1% in March by the most since September 2012, helping the economy recover from a weather-depressed start to the year, the Commerce Department reported April 14.

April 14, 2014
Business

Consumer Sentiment Rises to Highest Level Since July

The Thomson Reuters/University of Michigan preliminary index of consumer sentiment climbed to 82.6 in April, the highest level since July, from a four-month low of 80 in March.

April 11, 2014