Orders for Durable Goods Surge on Aircraft Demand
Orders for U.S. durable goods jumped in July by the most on record as bookings surged for commercial aircraft. Demand for business equipment eased after the biggest gain in seven months.
August 26, 2014Sales of New Homes Falls to Four-Month Low
New-home sales in the U.S. fell unexpectedly in July for the second month as the housing recovery makes only fitful progress.
August 25, 2014Cargo Rates Trigger Shipper Backlash as US Rails Soar
After CSX Corp. raised rates for shipping specialty gas by 41% over three years, Diversified CPC International Inc. had to shutter a production line near Chicago.
August 21, 2014Labor Day Weekend to See Most US Drivers in Six Years
The most Americans in six years will travel by car over the Labor Day holiday weekend, and they’ll be paying the least for gasoline since 2010 as refineries produce ample amounts of the fuel, AAA predicts.
August 21, 2014Leading Economic Indicators Rise by Most in Four Months; Manufacturing Increases in Philadelphia
An index of U.S. leading indicators rose in July by the most in four months, as stronger job growth helps power the world’s largest economy.
August 21, 2014Sales of Previously Owned Homes Climb to 10-Month High
Purchases of previously owned U.S. homes rose in July to a 10-month high as low borrowing costs and an increase in inventory drew buyers.
August 21, 2014Jobless Claims Decline by 14,000 Last Week
Fewer Americans than forecast applied for unemployment benefits last week, a sign the U.S. job market is making progress as the world’s largest economy grows.
August 21, 2014FedEx Money-Laundering Charge Adds Pressure to Drug Case
By adding money laundering to the charges against FedEx Corp., federal prosecutors are trying to force the package-shipping company to settle its drug-trafficking case, attorneys and analysts said.
August 19, 2014Talking-Car Plans Advance as US Sees 1,083 Lives Saved Yearly
The U.S. Department of Transportation moved forward on writing rules that may mandate automakers’ use of talking-car technology, saying more than a thousand lives a year might be saved on the nation’s roadways.
August 19, 2014Maersk Raises 2014 Profit Forecast on Container Increase
A.P. Moeller-Maersk A/S raised its full-year profit forecast after the company’s container-shipping line, the world’s largest, said earnings are rising because of higher freight volumes and lower costs.
August 19, 2014