Jobless Claims Fall More Than Expected to Four-Week Low
Filings for U.S. unemployment benefits fell more than expected to a four-week low, as the labor market tightens further following the end of a five-week government shutdown.
March 21, 2019Traders Place Bets on Rate Cut From Fed
Bond traders have a decent record when it comes to nailing the Federal Reserve’s path relative to official guidance. So while Chairman Jerome Powell says the policy rate is “in a good place,” history suggests his next move could align with what futures are showing — a rate cut.
March 21, 2019UK Trucker Shortage to Worsen After Brexit, Haulage Group Says
Brexit is set to exacerbate a chronic shortage of drivers among U.K. haulage companies, according to a study from the International Road Transport Union.
March 21, 2019Trump Suggests GM Should Sell Idled Ohio Auto Plant
President Donald Trump said March 20 that General Motors Co. should sell an idled plant in Lordstown, Ohio, or restart production. The company said it’s received inquiries about factory.
March 21, 2019Court Dismisses ATA’s Lawsuit Against Rhode Island Truck Tolls
A federal judge has dismissed the trucking industry’s lawsuit against Rhode Island for its trucks-only tolling system.
March 20, 2019Rail Closures Disrupt Livestock Feed Supplies for California Farms
Some farms, dairies and feed companies in the San Joaquin Valley of California are facing shortages of livestock feed supplies after deadly river flooding in the Midwest closed major railroad shipping corridors in recent days.
March 20, 2019House Transportation Panel Seeks Whistleblower Input
An online presence for sharing potentially sensitive information about operations at federal transportation agencies was unveiled by a committee in the U.S. House of Representatives.
March 20, 2019America’s Farmers Call for Help as Debts Climb to 1980s Levels
The worst agricultural downturn since the 1980s is taking its toll on the emotional well-being of American farmers. In Kentucky, Montana and Florida, operators at Farm Aid’s hotline have seen a doubling of contacts for everything from financial counseling to crisis assistance.
March 20, 2019House Republicans Push for Action on Self-Driving Vehicles Bill
Three Republicans in the U.S. House of Representatives are ready to re-legislate on the technology for self-driving vehicles. And, to do so, they are asking the chamber’s new Democratic leadership to proceed with a bill.
March 20, 2019With Strong Traffic, Panama Canal Bonds Get Upgrade
The Panama Canal is doing so well, it got its credit rating upgraded by Moody’s Investors Service.
March 20, 2019