A possible World Trade Organization deal moved closer to approval Friday after a row over food subsidies was set aside following hours of global negotiations that went late into the night.
A fourth straight month of solid hiring cut the U.S. unemployment rate in November to a five-year low of 7 percent. The surprisingly robust job gain suggested that the economy may have begun to accelerate.
The U.S. economy grew at a 3.6 percent annual rate from July through September, the fastest since early 2012. But nearly half the growth came from a buildup in business stockpiles, a trend that could reverse in the current quarter and hold back growth.
The number of Americans applying for unemployment benefits tumbled 23,000 last week to 298,000, nearly a six-year low that shows companies are laying off fewer workers.
Creative industries led by Hollywood account for about $504 billion, or at least 3.2 percent of U.S. goods and services, the government said in its first official measure of how the arts and culture affect the economy.
Average U.S. rates for fixed mortgages rose sharply this week, making home-buying slightly less affordable.
U.S. factories received fewer orders in October, as aircraft demand fell and businesses cut back on computers. The decline suggests companies were hesitant to invest during the 16-day partial government shutdown.
U.S. service sector firms grew in November at the weakest pace since June, evidence that cautious spending by consumers and businesses may be slowing growth.
Americans ramped up purchases of new homes in October after three months of soft sales, evidence that the housing recovery is improving fitfully.
The U.S. trade deficit fell in October, helped by America's energy boom that lifted overall exports to an all-time high.
General Motors says it's in Japan for the long haul despite sales of Cadillac and Chevrolet models barely surpassing 1,000 vehicles a year.
Further signs emerged Wednesday to show that the paltry economic recovery in the 17-country eurozone is losing steam.
The holiday weekend was good to U.S. automakers, as sales reports indicate the auto industry is on track to beat strong numbers from a year ago.
After years in which the ease of instant communication allowed bosses to place greater demands on white-collar workers, some companies are beginning to set limits, recognizing that successful employees must be able to escape from work.
A measure of U.S. home prices rose only modestly in October, adding to signs that prices have stabilized after experiencing big gains earlier this year.