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US Industrial Output Rises for 1st Time in Three MonthsIn a sign that the recent industrial slump in the US may be coming to an end, factory output in the world's largest economy rose for the first time in three months in May, according to a report ...

Airlines Collect Record Baggage Fees in 2012In a bid to offset the climbing price they pay for jet fuel, airlines have been increasing some fees while introducing new ones.  The practice is paying off, according to a government report issued ...

April Jobs Report Boosts Stock MarketsThe US Labor Department issued its Jobs Report for April Friday, prompting excitement among investors that pushed the Dow Jones industrial average above 15,000 for the first time ever.  According to the ...

New $100 Bill Set to Begin Circulating October 8thThe United States Federal Reserve on Wednesday revealed its revamped, hi-tech $100 bill which will go into circulation beginning October 8th.  The new bill has a number of features designed to ...

Toyota Moving Lexus Production to Kentucky PlantJapan's Toyota Motor Company revealed Friday that it will create some 750 new jobs in Georgetown, Kentucky when it moves some of the production of its Lexus brand of luxury cars there.  At a press ...

Back to the Future for JC Penney as Retailer Brings Back former CEOTroubled Plano, Texas-based retailer JC Penney is going back to the future, bringing back former CEO Mike Ullman to replace outgoing CEO Ron Johnson, who replaced Ullman just over 17 ...

Tesla Shares Surge 20 Percent On Raised 1Q GuidanceTesla Motors reported Monday it is expecting to report its first-ever quarterly profit in an amendment to guidance offered late last month.  In its previous estimates, the company was expecting ...

Commercial Aircraft Demand Drives Durable Goods OrdersThe US Commerce Department reported on Wednesday that US manufacturers enjoyed a sizable jump in orders for durable goods in February.  The increase in durable goods, or those meant to last ...

Unemployment Rates Rose in Half of US Sates in JanuaryThe US Labor Department reported Monday that jobless rates rose in half of the 50 US states plus the District of Columbia in January, though the rates were still below the national average (7.9 ...

Moving Average of Initial Jobless Claims Hits 5-Year LowThe US Labor Department reported late Thursday that initial claims for jobless benefits fell for a third straight week last week while the four-week moving average slipped to its lowest level ...

US Wholesale Inventories Rise By Most in a YearThe US Commerce Department reported Friday that US wholesale inventories surged in January, rising by the most in over a year as companies shrugged off their concerns about a pullback in the face of ...

Regulators Launch Probes Into 1.3 Million Cars Made by Toyota, Ford and HondaThe National Highway Traffic Safety Administration revealed Monday it has launched a safety probe involving some 1.3 million vehicles sold by Ford, Toyota and Honda Motor ...

UK Man Dies from New SARS-like VirusBritish health officials reported Tuesday that a man has died from a relatively new coronavirus, bringing the death toll from the SARS-related virus to six.  Also known as NCoV, the virus has been around for ...

Hurricane Sandy Officially 2nd Costliest US Hurricane EverThe National Hurricane Center has ranked last October's Hurricane Sandy as the second costliest in US history, according to a report the agency released on Tuesday.  The storm, which ...

Despite companies cutting orders for goods, factory orders in the United States trended higher in December.  Compared to the previous month, factory orders were up 1.8%. Core capital goods orders were down by 0.3% in December after two months ...