WASHINGTON, May 16 (UPI) -- U.S. consumer prices dropped 0.4 percent in April, pulling the 12-month inflation rate down to 1.1 percent, the U.S. Bureau of Labor Statistics said Thursday.
WASHINGTON, May 16 (UPI) -- The U.S. Labor Department said first-time jobless benefits claims jumped by 32,000 to 360,000 in the week that ended Saturday.
BRUSSELS, May 16 (UPI) -- The inflation rate dropped to 1.2 percent in the 17-member eurozone in April, the European Commission's data agency Eurostat said Thursday.
WASHINGTON, May 16 (UPI) -- U.S. crude oil inventories remain historically high, despite a slight draw down in the week ending last Friday, the Energy Information Administration said.
BEIJING, May 16 (UPI) -- Foreign direct investments in China grew 0.4 percent year-on-year in April, much slower than in the previous two months, the Commerce Ministry said Thursday.
SHANGHAI, May 16 (UPI) -- A Chinese battery maker has shelved plans for a new lithium battery plant in Shanghai because of public protest, the company said.
CHICAGO, May 16 (UPI) -- U.S. job seekers for summer 2013 are expected to see the same number of opportunities as they did in 2012, a national survey of hiring managers indicates.
IRVINE, Calif., May 16 (UPI) -- As U.S. homes in foreclosure decline, home builders are increasing their activities, online marketplace RealtyTrac said Thursday.
TOKYO, May 15 (UPI) -- Japan's economy, spurred by stimulus measures, grew at an annual rate of 3.5 percent in the first quarter, the Cabinet Office said Thursday.
MINNEAPOLIS, May 15 (UPI) -- The price of gasoline shot into record territory above $4 a gallon in the Twin Cities and elsewhere in Minnesota Wednesday, a price monitoring website showed.
NEW YORK, May 15 (UPI) -- U.S. stock indexes pushed further into record territory Wednesday with financial stocks leading the charge.
MEDINA, Minn., May 15 (UPI) -- Polaris Industries said Wednesday it would launch its inaugural model Indian Motorcycle at the Sturgis, S.D., Motorcycle Rally in August.
LONDON, May 15 (UPI) -- Bank of England Gov. Mervyn King said Wednesday that prospects had improved for economic growth and tamer inflation in the second quarter for Britain.
TORONTO, May 15 (UPI) -- Home prices in Canada climbed 1.3 percent from April 2012 to April 2013, the smallest climb in more than two years, a trade group said.
ATHENS, Greece, May 15 (UPI) -- Market research firm Dealogic said Greek companies have sold $2 billion worth of bonds in 2013, a sign of recovery on a corporate level.