Consumer spending unexpectedly stagnated in May as employment prospects dimmed and rising inflation caused Americans to cut back.
BusinessWeek.com — Finance
More Americans than forecast filed first-time claims for unemployment insurance payments last week, showing companies are less confident about the expansion than they were earlier this year.
BusinessWeek.com — Finance
Industrial production in the U.S. rose less than forecast in May, restrained by a slump in utility output and shortages of auto parts from Japan.
BusinessWeek.com — Finance
The ranks of millionaires expanded by 12 percent in 2010, led by Singapore, as gains in financial markets lifted global wealth for a second straight year, the Boston Consulting Group said.
BusinessWeek.com — Finance
Japan’s industrial production rose less than economists forecast in April and unemployment climbed, increasing the likelihood that the economy will contract for a third quarter after an unprecedented earthquake.
BusinessWeek.com — Finance
Sales of previously owned U.S. homes likely rose in April as investors used cash to buy distressed properties, economists said before a report
BusinessWeek.com — Finance
Japan’s machinery orders unexpectedly rose even amid factory shutdowns, power shortages and supply- chain disruptions caused by a record earthquake.
BusinessWeek.com — Finance
Japan’s machinery orders unexpectedly rose even after factory shutdowns, power shortages and supply- chain disruptions caused by a record earthquake and tsunami.
BusinessWeek.com — Finance
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