WASHINGTON Nov 25 - The number of Americans filing for unemployment benefits fell more than expected last week, drifting back to near 42-year lows as labor market conditions continue to tighten.
WASHINGTON: US consumer spending barely rose in October as households took advantage of rising incomes to boost savings to their highest level in nearly three years, pointing to moderate economic growth in the fourth quarter.
CLEVELAND, Ohio - Two years ago Carl Baldesare was sitting on a patio outside of a relatively quiet local bakery in Cleveland Heights, watching a steady flow of foot traffic at a nearby national chain bagel shop.
The euro fell below a key level against the strengthening dollar, underlining the market's growing expectation that the world's two big central banks are heading in opposite monetary policy directions.
WASHINGTON - Orders for long-lasting manufactured goods posted a solid gain in October after two months of weakness, while a key category that tracks business investment plans advanced by the largest amount in three months.