America's First Big-City Bankruptcy of 2013 by Rich Smith May 15th 2013 5:00AM For the time being at least, Detroit can claim the distinction of having been the biggest U.S. city to ever go completely bust.
Cheaper Oil Drives Import Prices Down in April by Reuters May 14th 2013 8:45AM U.S. import prices fell in April due to a drop in oil costs, a positive sign for household finances that also pointed to benign inflation pressures.
Business Inventories Flat in March; Sales Down Sharply by The Associated Press May 13th 2013 10:22AM U.S. business inventories were unchanged in March for a second straight month, while business sales fell the most since June.
April Retail Sales Unexpectedly Rise by Reuters May 13th 2013 8:48AM U.S. retail sales unexpectedly rose in April as households bought automobiles, building materials and a range of other goods, pointing to underlying strength in the economy.
Wholesale Inventories Rise in March as Sales Fall Sharply by The Associated Press May 9th 2013 10:47AM Wholesale businesses stepped up their restocking of supplies in March, but their sales fell sharply, a government report shows.
Jobless Claims Fall to Lowest Level in Nearly 5½ Years by Reuters May 9th 2013 8:49AM The number of Americans filing new claims for unemployment benefits dropped to its lowest level in nearly 5½ years last week, despite federal budget cuts.
U.S. Stock Ownership Hits Another New Low, Gallup Reports by Eamon Murphy May 8th 2013 5:10PM The U.S. stock market may have fully recovered from the Great Recession, but the percentage of Americans who own stocks is still dropping.
Freddie Mac Posts Near-Record Profit in First Quarter by Reuters May 8th 2013 9:08AM Mortgage giant Freddie Mac earned $4.6 billion from January through March, helped by a stronger housing market.
