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Economy

Economy - Page 14

A man walks in front of the New York Stock Exchange
Mario Tama/Getty Images

Stocks Slide as Europe Slashes Its Growth Forecast

Stocks are opening sharply lower on Wall Street following the presidential election and dire warnings from Europe that a broad recession there is now all but certain.

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A "House For Sale" sign is visible in front of an existing home
Tim Boyle/Getty Images

Sales Contracts to Buy US Homes Rose Last Month

Slightly more Americans signed contracts last month to buy homes, an increase that signals further gains in the housing recovery.

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A "House For Sale" sign is visible in front of an existing home
Tim Boyle/Getty Images

US New Home Sales Rise to Highest in 2-1/2 years

Sales of new U.S. homes jumped last month to a seasonally adjusted annual rate of 389,000, the highest level since a homebuyer's tax credit boosted sales in April 2010.

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A "House For Sale" sign is visible in front of an existing home
Tim Boyle/Getty Images

U.S. Home Sales Dip 1.7 Percent on Tight Inventory

Americans bought fewer previously occupied homes in September after hitting a two-year high in August.

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Unemployment
Clipart

US Unemployment Aid Applications Jump to 388K

Weekly applications for U.S. unemployment benefits jumped 46,000 last week to a seasonally adjusted 388,000, the highest in four months.

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Manufacturing (FILE)

US Industrial Output Rises but Factories Stay Weak

U.S. industrial production increased only modestly in September, held back by weak growth in factory output.

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Gasoline pumps are seen a Shell filling station
(Photo by Tim Boyle/Getty Images)

More Expensive Gas Pushes US Consumer Prices Up

Higher gas costs drove up U.S. consumer prices in September for the second straight month. But outside energy, there was little sign of inflation.

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Retail Sales
(Photo by Phil Cole/Getty Images)

US Retail Sales Jumped 1.1 Percent in September

U.S. retail sales rose sharply in September, reflecting higher consumer confidence and improvement in the job market. Consumers bought more cars, gasoline and electronics.

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Unemployment
Clipart

Fewest Americans Since February 2008 Seek Jobless Aid

The number of Americans seeking unemployment aid plummeted to 339,000 last week, the lowest level in more than four years. The sharp drop offered a hopeful sign that the job market could pick up.

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A general view of the oil refinery in Grandpuits
Julien M. Hekimian/Getty Images

Oil Prices Rise on Jitters About Supplies

The price of oil is rising on concerns about supplies from the Middle East and the North Sea.

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