Crude oil closed at more than $49 for a second straight day Wednesday and has risen $9 from the beginning of March, Bloomberg reported.
March 18, 2009GovernmentBusiness
Leading Indicators Drop 0.4% in February
An index of leading economic indicators fell 0.4% in February, the third drop in five months, the New York-based Conference Board said Thursday.
March 19, 2009BusinessLogisticsGovernment
Livingston International Posts 2008 Loss
Canadian customs broker and logistics firm Livingston International Income Fund posted a 2008 net loss of C$88.9 million on revenue of C$322.9 million.
March 19, 2009BusinessSafety
Continuing Jobless Rolls Reach Record
Initial jobless claims fell last week by 12,000 last week but the number of Americans collecting jobless benefits rose to a record 5.47 million, the Labor Department said Thursday.
March 19, 2009Business
Fed Holds Interest Rate at Record Low
The Federal Reserve voted unanimously Wednesday to keep a key U.S. interest rate at a record low 鈥渢arget range鈥 of zero to 0.25%.
March 18, 2009BusinessSafetyGovernment
NAFTA Surface Trade Rose 4.1% in 2008
Surface transportation trade among the United States, Canada and Mexico rose 4.1% to $830 billion in 2008 from 2007, the Department of Transportation said Wednesday.
March 18, 2009BusinessGovernment
Consumer Prices Rise 0.4% in February
Consumer prices rose more than forecast in gaining 0.4% in February, the Labor Department said Wednesday.
March 18, 2009BusinessGovernment
Consumer Prices Rise 0.4% in February
Consumer prices rose more than forecast in gaining 0.4% in February, the Labor Department said Wednesday.
March 18, 2009Business
MAN Completes VW Truck Acquisition in Brazil
German truck maker MAN AG said Tuesday it has completed its acquisition of VW Truck & Bus in Brazil, making MAN on a leader in the Brazilian commercial vehicle market.
March 17, 2009GovernmentBusinessFuelLogistics
Diesel Falls 2.8垄 to $2.017
Diesel fuel fell 2.8 cents to a $2.017 per-gallon national average, the lowest price in more than four years, the Department of Energy said.
March 17, 2009