Business

Average U.S. Gasoline Price Falls to $2.84 in Lundberg Survey

The average price of regular gasoline at U.S. pumps slid to the lowest level since Nov. 5, 2010, dropping 10 cents in the two weeks ended Nov. 21 to $2.84 a gallon, according to Lundberg Survey Inc.

November 24, 2014
Business, Fuel

Renewable Fuels Quotas for 2014 Delayed by EPA After Fight

The U.S. Environmental Protection Agency punted on setting quotas for the use of renewable fuels in 2014 and pledged to lay out next year targets for 2014-2016.

November 21, 2014
Business

BNSF to Spend $6 Billion in 2015 to Ease Rail Gridlock

BNSF Railway Co., the railroad owned by Warren Buffett’s Berkshire Hathaway Inc., plans to spend a record $6 billion next year to help speed trains and improve service crimped by surging grain and oil shipments.

November 21, 2014
Business, Equipment

Michelin Sees Tire That Avoids Flats on Cars Eventually

Michelin’s plan to be the first large-scale maker of airless tires that avoid punctures will first target flat-prone industries such as construction. Passenger cars may eventually use the technology, too.

November 21, 2014
Business

Previously Owned Home Sales Increase to One-Year High

Purchases of previously owned U.S. homes unexpectedly rose in October to a one-year high as low borrowing costs helped sustain the recovery in residential real estate.

November 20, 2014
Government

Consumer Prices Little Changed as Fuel Costs Decrease

The cost of living in the U.S. was little changed in October, reflecting a drop in energy prices that has yet to filter through to other goods and services.

November 20, 2014
Business

Fewer Than 300,000 Americans File Jobless Claims for 10th Week

Fewer Americans filed for unemployment benefits last week as the need to retain staff keeps firings at the lowest levels in more than a decade.

November 20, 2014
Business

Permits Rise to Six-Year High as Housing Starts Decrease

Residential-construction permits in the U.S. climbed in October to a six-year high, pointing to a pickup in homebuilding after activity cooled because of a slowdown in multifamily projects.

November 19, 2014
Business

Producer Prices Climb on Services Costs

Wholesale prices in the U.S. unexpectedly increased in October as higher costs for services and food outweighed a slump in energy.

November 19, 2014
Business

Container Traffic Rises at L.A. Port as Congestion Issues Continue

Container traffic at the Port of Los Angeles increased in October as the port works to resolve congestion issues.

November 18, 2014