Category: Economy

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U.S. Jobless Claims Fall

U.S. Jobless Claims Fall

Washington (AFP) -- New claims for U.S. unemployment insurance benefits fell more than expected last week, another sign of tightening in the jobs market, official data released Th ...

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U.S. Existing-Home Sales Rev Up In July

U.S. Existing-Home Sales Rev Up In July

Washington (AFP) -- Sales of existing U.S. homes rose in July to their fastest pace in almost a year amid building momentum in the housing market, the National Association of Real ...

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Bank Of America To Pay Record $16.65 Billion To Settle Mortgage Claims

Bank Of America To Pay Record $16.65 Billion To Settle Mortgage Claims

By Jim Puzzanghera, Los Angeles Times WASHINGTON -- Bank of America Corp. has agreed to pay $16.65 billion to end federal and state investigations into the sale of toxic mortgage ...

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U.S. Inflation Tame Despite Food Price Rises

U.S. Inflation Tame Despite Food Price Rises

Washington (AFP) -- Consumer prices in the United States rose a bare 0.1 percent in July despite strong gains in food costs, the Labor Department reported Tuesday. The slowdown in ...

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Dollar General Puts Up Rival Bid For Family Dollar

Dollar General Puts Up Rival Bid For Family Dollar

New York (AFP) -- Dollar General on Monday made a counterbid for Family Dollar Stores, trumping an initial offer by Dollar Tree as the U.S. war for the discount retail market heat ...

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Cost To Raise A Child Rises To More Than $245,000

Cost To Raise A Child Rises To More Than $245,000

By Peter Frost, Chicago Tribune The cost for a middle-income family to raise a child born in 2013 to age 18 rose to $245,340, up 1.8 percent from the previous year, according to a ...

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Food Stamp Use Shows Continued ‘Underemployment’ Pain

Food Stamp Use Shows Continued ‘Underemployment’ Pain

By Tim Henderson, Stateline.org WASHINGTON -- Luxuries were affordable for Linda Fish before she lost her job in retail management in 2009. "I won't lie. The dinners out, the perf ...

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More Than A Third Of Americans Have Saved Nothing For Retirement According To New Survey

More Than A Third Of Americans Have Saved Nothing For Retirement According To New Survey

By Becky Yerak, Chicago Tribune More than a third of Americans have no retirement savings, and millennials feel more financially secure than other age groups despite being the lea ...

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Manufacturing Leads U.S. Industrial Output Higher

Manufacturing Leads U.S. Industrial Output Higher

Washington (AFP) -- Manufacturing pushed U.S. industrial production higher in July in the sixth straight months of gains, the Federal Reserve said Friday. Total output of the nati ...

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U.S. Producer Prices Creep Up In July

U.S. Producer Prices Creep Up In July

Washington (AFP) -- U.S. producer prices edged higher in July, with gains slowing sharply from the prior month, official data released Friday showed. The Labor Department said its ...

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