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Factory activity in the U.S. Mid-Atlantic region in July contracted for a third straight month and the number of Americans filing new claims for jobless aid surged last week, heightening worries about the economy's health.
The number of Americans signing up for new jobless benefits last week fell to a four-year low but an unusual pattern for summer factory shutdowns marred what would have been a hopeful sign for the struggling labor market.
DEARBORN, Mich. (AP) -- Ford Motor Co. said Tuesday it will add 5,750 jobs and invest $4.8 billion in its U.S. factories as part of a new contract deal with the United Auto Workers union....
The U.S. economy ended last year on an encouraging note, with all parts of the country showing improvements. Factories produced more, shoppers spent more and companies hired more. All those sign...