Dennis Moore

WASHINGTON — Initial jobless claims fell 22,000 to 405,000 in the week ending July 9, the Labor Department reported Thursday.

WASHINGTON - Business inventories rose 1.0% in May on a seasonally adjusted basis, the Commerce Department reported Thursday. Sales fell by 0.1%, their biggest decline since a 0.4% drop in June 2010. The inventories to sales ratio was 1.28 for the month.

WASHINGTON - The producer price index fell 0.4% in June on a seasonally adjusted basis, the Labor Department reported Thursday.

WASHINGTON - Initial jobless claims fell 22,000 to 405,000 on a seasonally adjusted basis in the week ending July 9, the Labor Department reported Thursday.

House Republicans are trying to divert $1 billion dollars of high-speed rail funding still left in the federal government's coffers from President Obama's stimulus program toward flood-control aid in the Midwest.

WASHINGTON — Wholesale inventories increased 1.8% in May, the Commerce Department reported Thursday. That followed a revised 1.1% increase in April.

WASHINGTON - Consumer borrowing rose $5.1 billion in May to a seasonally adjusted total of $2.432.2 trillion, the Federal Reserve reported Friday, up from a $2.427.1 trillion revised April credit total.

WASHINGTON — Wholesale inventories increased 1.8% in May, the Commerce Department reported Thursday. That followed a revised 1.1% increase in April.

WASHINGTON - U.S. employers added an anemic 18,000 total jobs in June, as the unemployment rate edged up to 9.2%, the Labor Department reported Friday.

WASHINGTON — The House Transportation Committee chairman said Thursday he wants bond provisions in a bill he plans to introduce that would fund highway and transit programs for six years.

WASHINGTON — Initial jobless claims fell 14,000 to 418,000 for the week ending July 2 on a seasonally adjusted basis, the Labor Department reported Thursday.

WASHINGTON - Initial jobless claims fell 14,000 to 418,000 for the week ending July 2 on a seasonally adjusted basis the Labor Department reported Thursday.

New orders for manufacturers rose 0.8% in May on a seasonally adjusted basis, the Commerce Department reported Tuesday. Excluding transportation, new orders rose 0.2%.

WASHINGTON - New orders for manufacturers rose 0.8% in May, on a seasonally adjusted basis, the Commerce Department reported Tuesday. Excluding transportation, new orders rose 0.2%.

WASHINGTON — Construction spending fell 0.6% on a seasonally adjusted basis in May, the Commerce Department reported Friday.

WASHINGTON - Construction spending fell 0.6% on a seasonally adjusted basis in May, the Commerce Department reported Friday.

WASHINGTON - The Bipartisan Policy Center released a new spending reform plan Thursday that calls for a near quadrupling of the U.S. Transportation Department's TIFIA program from a $122 million annual appropriation to $450 million.

WASHINGTON — U.S. housing starts rose 3.5% to a 560,000 seasonally adjusted annual rate in May, the Commerce Department reported Thursday, up from a revised 541,000 rate in April.

WASHINGTON — The U.S. current account deficit rose to $119.3 billion in the first quarter of 2011, the Commerce Department reported Thursday. That was up from the revised $112.2 deficit posted in the fourth quarter of 2010.

WASHINGTON - The U.S current account deficit rose to $119.3 billion in the first quarter of 2011, the Commerce Department reported Thursday. That was up from the revised $112.2 deficit posted in the fourth quarter 2010.