energy costs

Jobless claims in U.S. rise for first time in three weeks

By Lorraine Woellert and Alex Kowalski, Bloomberg | February 21, 2013

Applications for unemployment benefits in the U.S. rose for the first time in three weeks, returning to levels seen prior to the holiday period and indicating little change in the pace of firings.

Existing U.S. home sales climb to 4.92 million rate

By Shobhana Chandra, Bloomberg | February 21, 2013

Sales of previously owned U.S. homes increased in January, showing more momentum for the industry coming off its best year since 2007.

Consumer prices in U.S. little changed as fuel costs drop

By Alex Kowalski, Bloomberg | February 21, 2013

The cost of living in the U.S. was little changed in January for a second month as a drop in energy costs made up for gains in other goods and services.

Abe will ask Obama for shale exports as Japan’s gas bill soars

By Tsuyoshi Inajima and Sally Bakewell, Bloomberg | February 20, 2013

Japanese Prime Minister Shinzo Abe will ask U.S. President Barack Obama to allow shale gas exports as the world’s third-largest economy grapples with soaring energy costs after 2011’s nuclear disaster closed reactors.

Economy in U.S. shrinks as defense spending slumps

By Shobhana Chandra, Bloomberg | January 30, 2013

The economy in the U.S. unexpectedly shrank in the fourth quarter, restrained by the biggest plunge in defense spending in four decades and dwindling inventory growth, as household purchases picked up.

U.S. economy grew 3.1% in third quarter, more than forecast

By Alex Kowalski, Bloomberg | December 20, 2012

The U.S. economy grew at a 3.1 percent annual rate in the third quarter, more than previously reported, reflecting the first gain in state and local government spending in three years, more consumer purchases and a smaller trade gap.

Consumer prices in U.S. fell more than forecast in November

By Lorraine Woellert, Bloomberg | December 14, 2012

The cost of living fell more than forecast in November as energy prices dropped, a sign U.S. inflation remains in check.

Commodities rise on China as Treasuries gain on consumer prices

By Michael P. Regan and Will Hadfield, Bloomberg | December 14, 2012

Commodities rose after the biggest rally in Shanghai’s benchmark stock index in three years as manufacturing reports in China and the U.S. fueled optimism in the economy.

Retail sales climb as Americans snap up autos, electronics

By Shobhana Chandra, Bloomberg | December 13, 2012

Retail sales in the U.S. rose in November as demand for automobiles rebounded and holiday shoppers snapped up electronics and clothes.

Bill Gross on realities of the new normal

By Bill Gross | December 4, 2012

Well, I guess that settles it: you didn’t build that after all. Or maybe you did, but not all of it. Or maybe like the convoluted John Lennon above “you think you know a yes, but it’s all wrong. That is you think you disagree.”

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