U.S. builders barely increased their spending on construction projects in March after two straight months of declines. A pickup in single-family home construction and commercial projects offset a steep drop in state and local government building. The Commerce Department said Tuesday that construction spending ticked up 0.1 percent. The small March gain left construction spending [...] [...]
The U.S. government has filed an antitrust lawsuit against Apple Inc. and book publishers. It said Wednesday that the publishers conspired with Apple to raise retail electronic-book prices to limit competition. The government also filed papers saying it has reached a settlement with publishers Hachette, HarperCollins and Simon & Schuster. It says it will proceed [...] [...]
Manufacturing in the northeastern United States expanded this month at its best pace in nearly a year. The growth confirms other data showing the U.S. economy is strengthening. A Federal Reserve Bank of Philadelphia index of manufacturing conditions rose in March to 12.5, its highest reading since April 2011. A similar survey by the Federal [...] [...]
The United States will lose more market share and fall short of national security requirements, unless the federal government acts to reform the nation’s export control system and promotes the international competitiveness of U.S. industry. That’s the word from a new survey of satellite manufacturers in the United States, undertaken by the Aerospace Industries Association. [...] [...]
The number of Americans who bought previously occupied homes fell in September. Home sales are on pace to match last year’s dismal figures — the worst in 13 years. The National Association of Realtors said Thursday that home sales dropped 3 percent last month to a seasonally adjusted annual rate of 4.91 million homes. That’s [...] [...]
Better-than-expected U.S. economic indicators helped European stocks trim losses and pushed Wall Street higher, easing tensions among investors worried about a downturn in the global manufacturing sector. Surveys into the state of the industrial sectors — the purchasing managers’ indexes — showed they had contracted in August in the eurozone and the U.K. In the [...] [...]
Loading ...
