May CPI in U.S. Rose 0.1%, Housing Starts Up 6.8%

June 18 (Bloomberg) -- The cost of living in the U.S. rose less than forecast in May. The consumer price index was up 0.1 percent after falling 0.4 percent in April, the Labor Department reported today in Washington. Another report showed housing starts for May climbed 6.8 percent, less than forecast, to a 914,000 annualized rate after a revised 856,000 pace in April, the Commerce Department said. Betty Liu and Michael McKee report on Bloomberg Television's "In the Loop." (Source: Bloomberg)

BlackRock to Cut Jobs, Fees in Active-Equity Shake Up
45:31 - BlackRock Inc. is said to be planning to cut jobs and lower fees as it revamps the firm's stock-picking unit. Bloomberg's Michael Moore reports on "Bloomberg Surveillance." (Source: Bloomberg)
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