US Seeks to Shift Trade Tides as It Starts NAFTA Overhaul
President Donald Trump’s administration took its first formal step toward renegotiating the North American Free Trade Agreement, setting the stage for talks that could influence more than $1.2 trillion in annual trade and shake up corporate supply chains.
May 18, 2017Post-Election Rally Fades for Americans' Economic Expectations
This month’s slide in Americans’ economic expectations to the lowest level since November indicates the euphoria about U.S. growth prospects since the election has diminished, Bloomberg Consumer Comfort Index figures showed May 18.
May 18, 2017Uber Launches App-Based Freight Platform
After surging to prominence with its ride-hailing app for car passengers, Uber Technologies Inc. is targeting trucking as its next big venture.
May 18, 2017Falling Jobless Claims Add to Signs of Labor Tightness
The U.S. labor market continues to show signs of tightening, with unemployment claims declining for the third straight week and benefit rolls matching the lowest level since 1973, Labor Department data showed May 18.
May 18, 2017House Transportation Panel Will Take Up Infrastructure Bill This Year, Chairman Says
WASHINGTON — A long-term infrastructure funding bill will be considered by the House Transportation and Infrastructure Committee, the panel’s chairman told Transport Topics on May 17.
May 17, 2017US Chamber's Donohue Discusses Infrastructure Bill, NAFTA at Global Summit
WASHINGTON — U.S. Chamber of Commerce President Thomas Donohue said the Trump administration’s $1 trillion infrastructure bill should attempt to mitigate highway bottlenecks, promote long-term economic growth and update regulations to make private investment more attractive.
May 17, 2017Analysis: Autonomous Ships Will Be Great
Doing away with sailors will make the high seas safer and cleaner.
May 17, 2017Bernanke Says Economy Nearing Capacity With Jobless Rate Low
The U.S. economy should continue to deliver moderate growth but there is limited scope to pick up that pace with the jobless rate “about as low as it can go,” former Federal Reserve Chairman Ben Bernanke said.
May 17, 2017Motorists on Roads for Memorial Day Weekend Predicted to Be Highest Since 2005
The number of Americans traveling by car for the Memorial Day holiday will hit a 12-year high this year, fueled by a growing economy and relatively low gasoline prices, the nation's largest motorists' advocacy group said May 17.
May 17, 2017Infrastructure Week Spurs Query on Trump's Plan: Where Is It?
Leaders from business, government, organized labor and trade associations gathered in Washington for an annual weeklong discussion about improving the nation’s infrastructure, with a message for President Donald Trump about his $1 trillion plan: Let’s see it.
May 17, 2017