Productivity gains in the United States accelerated by more than expected last quarter to the fastest pace since 2014, adding fuel to the Trump administration鈥檚 argument that its tax cuts are boosting the economy without stoking inflation.
May 2, 2019GovernmentBusiness
House Speaker Nancy Pelosi Stresses Federal Funding in Infrastructure Plan
A $2 trillion infrastructure package that congressional Democrats and President Donald Trump agreed to work on during this session of Congress should be backed primarily with federal funds, House Speaker Nancy Pelosi told reporters May 2.
May 2, 2019GovernmentBusinessFuelEditorial
Editorial: Dealmakers Strike a Big Deal
The $2 trillion infrastructure agreement President Donald Trump and congressional Democrats reached last week has been a long time coming, and we鈥檙e thrilled to see it. Voices on both sides of the aisle have maintained that infrastructure is a bipartisan issue. Seeing the top leaders from both parties agree on such a massive legislative effort indicated that those statements were more than just talk.
May 1, 2019GovernmentBusinessFuel
Infrastructure Bill Should Pave Way for Modernization, Holmes Norton Says
The April 30聽announcement from House Democrats on an agreement with President Donald Trump to work on a $2 trillion infrastructure package elevated the profile of the subcommittee on Highways and Transit, and presents Del. Eleanor Holmes Norton with an opportunity to pursue a transformative vision not just for the District of Columbia, but the entire country.
May 1, 2019GovernmentBusiness
Treasury Secretary Steven Mnuchin Calls Latest Round of China Trade Talks 鈥楶roductive鈥
The latest round of U.S.-China talks wrapped up in Beijing on May 1, with U.S. Treasury Secretary Steven Mnuchin calling the meetings 鈥減roductive鈥 in a tweet.
May 1, 2019GovernmentBusiness
Factory Gauge Falls to Two-Year Low as Orders Cool
A gauge of U.S. factories fell in April to the weakest level since late 2016, signaling that manufacturing headwinds extended into the second quarter as companies continue to confront uncertainty about trade.
May 1, 2019GovernmentBusinessSafety
ARTBA Webinar Speakers Champion Transparency, Trust
Establishing rapport with legislators and the public is essential to gaining their trust and generating support for infrastructure investment, according to state transportation leaders.
April 30, 2019GovernmentBusiness
Instructional Technologies Offers New Entry-Level Training System
Instructional Technologies Inc. announced the availability of its On Ramp entry-level driver training system to help commercial driver license schools meet the new federal entry-level driver training standards that go into effect in February.
April 30, 2019GovernmentBusiness
Trump, Congressional Democrats Agree on $2 Trillion Infrastructure Package
After a private meeting at the White House on April 30, Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer told reporters that Democrats had reached an agreement with President Donald Trump on a $2 trillion infrastructure measure.
April 30, 2019GovernmentBusiness
Employment Costs Rise 0.7% in First Quarter
U.S. employment costs held up at a steady pace in the first quarter as wages firmed, signaling some buildup of inflationary pressures that could still spur pickups in otherwise-muted price gauges.
April 30, 2019