U.S. services companies expanded at a healthy pace in August, lifted by robust consumer spending resulting from steady job gains.
It has been more than a decade since U.S. drivers paid so little to fuel up for that last road trip of summer.
More Americans applied for unemployment benefits last week, but applications remain at historically near low levels in a positive sign for the U.S. economy amid a broader global slowdown.
The U.S. trade deficit fell in July to the lowest level in five months as exports posted a small gain while imports declined, reflecting a big drop in shipments of consumer goods such as cell phones.
U.S. productivity in the spring rose at the fastest pace since late 2013, while labor costs declined.
U.S. businesses added jobs at a steady pace last month, with construction and manufacturing showing solid gains, a private survey found.
Orders to U.S. factories posted a modest gain in July, helped by the biggest rise in motor vehicles orders in a year and a solid gain in a category that tracks business investment plans.
A California company that makes an eggless mayonnaise alternative has the U.S. egg industry scrambling.
Lego says its popular multi-colored toy blocks were in strong demand around the world in the first half of the year, boosting its earnings and the outlook for the full year.