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Crude oil pushes toward $96
TEMPE, Ariz., Feb. 3 (UPI) -- Business activity in U.S. service industries grew in January for the 26th consecutive month, the Institute for Supply Management said Friday.
The pace of growth picked up with the headline Purchasing Managers Index climbing from 53 to 56.8.
The index uses 50 as a break-even point. Above 50 indicates growth. Below 50 indicates a contraction.
The critical new-orders index for non-manufacturing businesses jumped from 54.6 to 59.4. The employment index rose from 49.8 to 57.4, meaning December's shrinking job pool has turned to expansion.
The prices index also rose from 62 to 63.5.
In the month, 12 of 18 service industries tracked in the report showed growth, led by real estate, rental and leasing, information services, education, and transportation and warehousing.
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TEL AVIV, Israel, May 17 (UPI) --
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TEL AVIV, Israel, May 17 (UPI) --
mid growing concerns about security threats from Syria and Iran, Israeli Prime Minister Binyamin Netanyahu has greatly reduced planned defense budget cuts.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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