Tablet sales are expected to drop nearly 10% this year, but two years from now the detachables market could reinvigorate the category.
The layoffs are another sign of upheaval in the online lending sector as investors have turned negative on funding firms.
Energy prices rose 3.4%, including an 8.1% increase in the amount consumers paid for gasoline.
The Obama Administration and the Allergan CEO disagree about whether the government wanted specifically to kill the giant drug merger.
The startup aims to attract investors that don’t want to buy its whole loans or asset-backed securities directly.
At least half of the 18 industries tracked by the ISM expanded in February — the first time since August.
The weak PPI data suggests inflation will not increase enough for the Fed to raise interest rates again this spring.
But total housing inventory at the end of last month was 4.5% lower than one year ago, according to the NAR.
A non-manufacturing benchmark shows service providers unexpectedly expanded in October at the second-fastest pace in a decade.
The 2% drop followed two consecutive months of increases.
August’s fall in import prices was led by a steep monthly decline in the price of imported fuel, which plunged 13.3%.
The size of the upward revision surprised economists and suggests the U.S. economy had some momentum entering the third quarter.
