Producer Price Index Gains 0.3%
Prices paid to U.S. producers rose 0.3% in February, the Labor Department said Tuesday.
March 18, 2008Housing Starts, Construction Permits Drop in February
Housing starts fell in February and construction permits fell to the lowest level in 16 years, the Commerce Department said Tuesday.
March 18, 2008EPA to Award $5 Million for Midwest Clean-Diesel Projects
The Environmental Protection Agency’s Midwest Clean Diesel Initiative said Friday today announced that it expects to award about $5 million in grants for diesel-emission reduction projects in five Midwestern states.
March 17, 2008ATA Projects Record Diesel Fuel Costs for 2008
American Trucking Associations is projecting a record high diesel fuel bill for the trucking industry this year, at $135 billion.
March 17, 2008New York State Manufacturing Index Falls to Record Low
Manufacturing growth in New York state fell to the lowest rate ever in March, the Federal Reserve Bank of New York said Monday.
March 17, 2008DOT’s Road-Privatization Policy Draws Criticism
The Department of Transportation’s plan to privatize many public roadways by using more tolls has come under intense criticism by those who believe the federal highway system was set up to be paid for by taxpayers, the Washington Post reported Monday.
March 17, 2008Chicago Mercantile Exchange Buying Nymex for $9.5 Billion
The parent company of the Chicago Mercantile Exchange and the Chicago Board of Trade said Monday it would buy the owner of the New York Mercantile Exchange for $9.5 billion, the Associated Press reported.
March 17, 2008Fed Cuts Lending Rate in Move to Stem Market Slide
The Federal Reserve Sunday cut the rate on direct loans to banks and became lender of last resort to the biggest dealers in U.S. government bonds, Bloomberg reported.
March 17, 2008Diesel Jumps to $3.819 a Gallon
The U.S. average retail diesel price broke its record high for the third straight week, surging to $3.819 a gallon and topping $4 a gallon in some places, pushed by soaring crude oil prices that also set all-time highs and closed above $110 a barrel for the first time in history.
March 17, 2008EPA Sets Emissions Standards for Trains, Ships
Railroad locomotive engines and marine vessels will be subject to new clean air standards that would sharply reduce particulate and nitrogen oxide emissions, the Environmental Protection Agency said Friday.
March 14, 2008