Business, Government, Logistics

Consumer Confidence Declines to Four-Month Low

Confidence among U.S. consumers declined in September to a four-month low as Americans’ views of the labor market deteriorated.

September 30, 2014
Business, Fuel, Autonomous

Nat Gas-Powered Trucks Expected to Boost Fuels’ Popularity

Liquefied natural gas will gain a “significant” market share in the transport sector by 2035, led by demand from trucking, the International Center for Natural Gas Information said.

September 29, 2014
Business

Pending Sales of Existing Homes Fell 1% in August

Contracts to purchase previously owned homes declined in August as tighter credit and limited wage growth weigh on potential buyers.

September 29, 2014
Business

Consumer Spending Climbed in August on Income Gain

Consumer spending in the U.S. rebounded in August as further job gains encouraged households to loosen their purse strings.

September 29, 2014
Business

Consumer Sentiment Rises to 14-Month High in September

Consumer confidence climbed in September to a 14-month high as Americans’ outlooks for the economy improved.

September 26, 2014
Government

Economy Grows 4.6% in Second Quarter, Most Since 2011

The U.S. economy expanded in the second quarter at the fastest rate since the last three months of 2011 as companies stepped up investment and households boosted spending.

September 26, 2014
Business

Drivers Gain From Wage Race as Truckers Turn Away Cargo

Tommy Walters, hauling lawnmowers to Rhode Island from Maryland with his Boston terrier Daisy riding shotgun, is feeling flush these days after the biggest raise of his 17-year trucking career.

September 25, 2014
Business, Technology

DHL Beats Amazon, Google to First Planned Drone Delivery

Deutsche Post AG, Europe’s largest postal service, is about to begin deliveries of medication and other urgent goods to the island of Juist using unmanned helicopters after securing approval from state and federal transport ministries and air traffic control authorities to operate in a restricted flight area.

September 25, 2014
Business

Durable Goods Orders Drop on Lower Aircraft Orders

Durable goods orders fell by 18.2% in August, as commercial airline orders plunged, the Commerce Department reported Sept. 25.

September 25, 2014
Business

Jobless Claims Rise by 12,000 Last Week

First-time jobless claims climbed 12,000 to 293,000 in the week ended Sept. 20, the Labor Department reported.

September 25, 2014