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U.S. jobless claims data point to firming labor market

WASHINGTON - The number of Americans filing new claims for unemployment benefits fell more than expected last week, suggesting a sharp slowdown in job growth in August was an aberration.

Recent Business News

Toyota recalling 20,000 late-model vehicles on potential fuel leak

DETROIT - Toyota Motor Corp said on Thursday it will recall about 20,000 vehicles worldwide for possible fuel leaks.

1:03pm EDT

Former AT&T partners petition FCC to block DirecTV bid

WASHINGTON - More than ninety former business partners of AT&T Inc are demanding the Federal Communications Commision block the wireless carrier's $48.5 billion bid for DirecTV, saying the company engaged in anti-competitive behavior and violated fiduciary duty.

U.S. household net worth rises to record $81.5 trillion

WASHINGTON - The net worth of Americans hit a record high in the second quarter as the stock market climbed, while household debt rose at its fastest pace since 2007 in a sign of growing confidence among U.S. consumers.

1:40pm EDT

U.S. job creation in year through March revised up 7,000

WASHINGTON - The U.S. economy likely created 7,000 more jobs in the 12 months through March than previously estimated, the Labor Department said on Thursday.

10:20am EDT

Uber must face lawsuit over gratuity charge: court ruling

SAN FRANCISCO - A U.S. judge rejected a bid by the online for-hire car service Uber to dismiss a civil lawsuit that accuses the company of charging customers a 20 percent driver gratuity but pocketing most of the additional revenue instead.

11:53am EDT

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