Optimism about the job market lifted U.S. consumer sentiment in April to its second-highest level since 2007.
Hot sales of small and midsize SUVs drove auto sales higher last month as General Motors, Ford, Toyota, Fiat Chrysler and Nissan all reported U.S. sales gains.
U.S. factories expanded in April at the same pace as in March, but manufacturers are starting to curtail hiring in a possible sign of weakness.
U.S. construction fell in March as an increase in nonresidential construction was offset by declines in home building and government projects.
Chevron said Friday that its profit fell 43 percent in its first quarter as it dealt with falling oil prices. But its earnings still beat Wall Street expectations as it aggressively cut costs.
Exxon earned $4.94 billion in the first quarter, a huge sum but only about half of what the company made last year. Lower oil prices depleted both Exxon's top and bottom lines.
U.S. consumers boosted spending in March by the largest amount in four months, a hopeful sign that this key sector of the economy is reviving after a frigid winter.
Average long-term U.S. mortgage rates rose slightly this week, but remain near historic lows with the spring home-buying season underway and showing strong sales.
The number of Americans seeking unemployment aid plummeted to the lowest level in 15 years last week, evidence that employers are laying off few workers despite a sharp slowdown in economic growth.
Paychecks for U.S. workers are rising at a faster pace as strong hiring in the past year has lowered the unemployment rate and increased competition for workers.
Anheuser-Busch is apologizing for a slogan that appeared on bottles saying Bud Light removes the word 'no' from drinkers' vocabulary.
The U.S. economy skidded to a near halt in the first three months of the year, battered by a triple whammy of harsh weather, plunging exports and sharp cutbacks in oil and gas drilling.
More Americans signed contracts to buy homes in March, the third straight month of gains as housing heats up with the start of the spring buying season.
The United Auto Workers union has 816 members at the Volkswagen plant in Tennessee, or about 55 percent of the total blue collar work force, according the union's latest disclosure with the U.S. Department of Labor.
Higher sales of the Jeep Renegade small SUV and Chrysler 200 midsize sedan in North America along with modest growth in Europe pushed Fiat Chrysler Automobiles NV back to profit in the first quarter, the newly formed carmaker said Wednesday.