The U.S. trade deficit jumped to a two-year high in April, as sales of exports declined and imports surged to a record high.
Orders to U.S. factories rose for a third consecutive month in April, pushed higher by a surge in demand for military hardware. But a key category that signals business investment plans fell.
Chinese manufacturing grew for the third consecutive month in May, suggesting a slowdown in the world's second-largest economy is stabilizing, a state-sanctioned industry group said Sunday.
The U.S. economy was battered even more than first suspected by the harsh winter, actually shrinking from January through March.
The number of Americans seeking unemployment benefits fell last week to nearly the lowest level in seven years, a sign hiring may be picking up.
U.S. consumers were slightly more confident in the economy in May than in April, partly because of strengthening optimism about future hiring and income gains.
The median pay package for a CEO rose above eight figures for the first time last year. The head of a typical large public company earned a record $10.5 million, an increase of 8.8 percent from 2012.
Orders to U.S. factories for long-lasting manufactured goods advanced for a third month in April, but much of the strength came from a big surge in demand for military aircraft.
A gauge designed to predict the economy's future health posted a solid gain in April, further evidence of stronger growth after a severe winter dampened activity.
China's manufacturing contraction eased in May, suggesting the slowdown in the world's second biggest economy is stabilizing.
Unemployment rates fell in nearly all U.S. states last month, and half the states now have rates below 6 percent. The figures are a sign of widespread, if slow, improvement in the nation's job market.
The economic sanctions levied against Russia for its involvement in Ukraine has taken a bite out of the profits of some U.S. companies that do business in Russia.
The Michigan Senate approved raising the state's minimum wage to $9.20 an hour from $7.40 in a compromise that some supporters hope will pre-empt a ballot drive to raise it to $10.10.
The number of people seeking U.S. unemployment benefits fell to the lowest level in seven years last week, a sign the job market is steadily improving.
U.S. factory output took a breather in April after two months of strong growth, as manufacturers produced less furniture, machinery and plastics.
Higher food and gas costs pushed up U.S. consumer prices in April by the most in 10 months, evidence that inflation is ticking up from very low levels.
Sony Corp. sank to a 138 billion yen ($1.3 billion) quarterly loss, hit by costs from selling its personal computer business, and is forecasting more red ink as it struggles to execute a long-promised turnaround.
The prices U.S. companies receive for their goods and services rose by the most in seven months in April, led by more expensive food and higher retail and wholesale profit margins.
Frozen food makers plan to launch their first national TV ad in defense of their products on Tuesday as the category fights to boost slipping sales.
Chrysler Group lost $690 million in the first quarter due to charges related to its merger with Italian automaker Fiat SpA.
Nissan's quarterly profit edged up nearly 5 percent as sales grew around the world and a favorable exchange rate helped earnings.
U.S. wholesale businesses increased their stockpiles in March by the largest amount in five months while sales increased at the fastest clip in 10 months.
McDonald's says a key sales metric was flat in April in the U.S., as the world's largest hamburger chain worked to fend off competitors and improve service in its restaurants.
Passenger vehicle sales rose 11.6 percent to 1.6 million vehicles. That was up from March's 7.9 percent growth.