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Customers shop at a Macy's Inc. store in New York.

Photograph by Victor J. Blue/Bloomberg

Customers shop at a Macy's Inc. store in New York.

Bloomberg by the Numbers: -30.2

That’s the Bloomberg Consumer Comfort Index for the week ended May 12. The index, which is based on Americans’ opinions about the economy, the buying climate and their own finances, fell from minus 29.5 in the prior week. It can...

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Dental work performed at a free health clinic for the uninsured and underinsured at the Los Angeles Sports Arena.

Photograph by Patrick T. Fallon/Bloomberg

Dental work performed at a free health clinic for the uninsured and underinsured at the Los Angeles Sports Arena.

Health Care Costs Slow: Inflation Curb

The cost of health care in the U.S. is rising at the slowest pace in four decades, helping curb inflation. The consumer-price index dropped 0.4 percent in April from the prior month, a second consecutive decrease and the biggest since...

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Construction crews work on new homes being built in San Ramon, California, on April 12, 2013.

Photograph by David Paul Morris/Bloomberg

Construction crews work on new homes being built in San Ramon, California, on April 12, 2013.

Building Permits Dwarf Ground-Breaking

Applications to build homes climbed in April to the highest level since June 2008, helping alleviate concern that a slump the same month in construction starts on new houses would mean less support for the economy in the second half...

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A customer browses shoes at a Coach Inc. store in New York.

Photograph by Victor J. Blue/Bloomberg

A customer browses shoes at a Coach Inc. store in New York.

Payroll Tax Cut Most Paychecks: Survey

The outlook for consumer spending may hinge on what 55 percent of American households do next. That’s the share of respondents who noticed their paychecks had gotten smaller at the start of the year when the payroll tax reverted to...

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President Barack Obama walks across the South Lawn while departing the White House on May 13, 2013.

Photograph by Chip Somodevilla/Getty Images

President Barack Obama walks across the South Lawn while departing the White House on May 13, 2013.

Obama’s U.S. Debt: $1 Million-Plus in Treasury Notes, Disclosure Shows

For all the talk about averting any default on U.S. debt, this is personal for the president. President Barack Obama holds between $1 million and $5 million in Treasury notes, according to his personal financial disclosure released by the White...

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New homes are under construction at a housing development on March 6, 2013 in Gilbert, Arizona.

Photograph by Justin Sullivan/Getty Images

New homes are under construction at a housing development on March 6, 2013 in Gilbert, Arizona.

Real-Estate Agent Earnings Point to Home-Price Jump

While prices for most commodities are falling, real-estate values are surging. The Labor Department’s report on producer prices today showed wholesale costs dropped 0.7 percent in April from the prior month, the biggest decline in three years, Bloomberg’s Alex Kowalski...

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Copies of the Obama Administration's proposed FY 2014 federal budget at the Government Printing Office Book Store on April 10, 2013 in Washington, DC.

Photograph by Chip Somodevilla/Getty Images

Copies of the Obama Administration's proposed FY 2014 federal budget at the Government Printing Office Book Store on April 10, 2013 in Washington, DC.

Bloomberg by the Numbers: $642 Bln

That’s the projected budget deficit for fiscal 2013, according to the Congressional Budget Office. That projection is about $200 billion below the $845 billion estimate that CBO released in February. The decrease is “mostly as a result of higher-than-expected revenues...

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The Strip in Las Vegas, Nevada.

Photograph by Ronda Churchill/Bloomberg

The Strip in Las Vegas, Nevada.

Staycations Yield to Vegas, Margaritaville: Sure Rebound Signs

DJ Steve Aoki sprayed champagne on attendees before selecting some to surf the crowd on an inflatable raft during opening week of the Hakkasan night club in Las Vegas last month. The five-story, $100 million-plus addition to the MGM Grand...

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