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U.S. industrial production in January rose by the most in 14 months as manufacturing and utilities output increased, the latest sign the economy regained some ground early in the year.

The number of Americans filing for unemployment benefits rose last week, but remained below levels consistent with a tightening labor market.

China's manufacturing lost momentum again last month, according to two surveys of factory activity released Tuesday that highlighted sluggish conditions in the world's second biggest economy. An index based on an official survey of factory purchasing managers…

Factory activity in the United States and China — the world's top two economies — slowed in February, reflecting and contributing to worldwide economic weakness. In the United States, the Institute for Supply Management said Tuesday that its manufacturing…