Bloomberg News
April 05, 2013 | Daily Business Review
Trade deficit unexpectedly narrows on oil importsThe trade deficit in the U.S. unexpectedly shrank in February as stabilizing overseas markets boosted exports and Americans imported less oil.
By Bloomberg News
2 minute read
March 22, 2012 | Daily Business Review
Energy prices expected to drag down U.S. economyFederal Reserve Chairman Ben S. Bernanke told Congress that higher energy prices may weaken the U.S. economy by sapping consumer spending.
By Bloomberg News
3 minute read
June 06, 2012 | Daily Business Review
Growth in U.S. service industries was little changed in MayThe Institute for Supply Management's index of non-manufacturing businesses rose to 53.7 last month from April's 53.5, a sign the U.S. is failing to gain momentum as employment slows and the European crisis intensifies.
By Bloomberg News
4 minute read
June 05, 2013 | Daily Business Review
CapLease Sued Over $2.2 Billion American Realty TakeoverA CapLease Inc. shareholder sued to block the company's proposed $2.2 billion sale, saying the price is too low.
By Bloomberg News
2 minute read
January 17, 2012 | Daily Business Review
Fannie Mae: Housing to give economy modest push in '12Home sales and construction will improve this year, contributing "modestly" to economic expansion after acting as a drag on growth since 2006, according to a Fannie Mae forecast.
By Bloomberg news
2 minute read
March 21, 2013 | Daily Business Review
Rock band Boston song publisher sues leader over copyrightsPaul Ahern, a publisher of hit songs by the 1970s rock band Boston, including "More Than a Feeling" and "Don't Look Back," sued the group's leader and songwriter, Tom Scholz, to prevent the termination of his copyrights to the songs he wrote in a 1975 agreement.
By Bloomberg News
2 minute read
April 24, 2012 | Daily Business Review
Hotel hiring rebounds as U.S. tourism overcomes slumpJobless Americans are using increased tourism as a pathway back to employment, finding jobs at hotels and motels as those facilities step up hiring to meet growing demand.
By Bloomberg News
2 minute read
April 11, 2012 | Daily Business Review
Prepaid card use rises at expense of traditional accountsPrepaid card use rose by about 18 percent in 2011 as consumers dropped traditional banking products such as checking accounts with higher fees.
By Bloomberg News
2 minute read
March 24, 2011 | Daily Business Review
Freddie Mac sued by attorney David Stern over $1.3 millionBy Bloomberg News
9 minute read
January 31, 2012 | Daily Business Review
Simpson says 'terrified' Obama walked away from deficit issuePresident Barack Obama "walked away" from his bipartisan U.S. deficit-cutting commission's plan "because he knew he'd be torn to bits," said former Republican Sen. Alan Simpson, who was co-chairman of the panel.
By Bloomberg News
1 minute read
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