Oil futures price rose $2.54 Wednesday to settle at $42.50 per barrell on the New York Mercantile Exchange, the Associated Press reported.
February 25, 2009BusinessGovernment
Consumer Confidence Index Declines
U.S. consumer confidence declined this month, according to the Reuters/University of Michigan鈥檚 monthly consumer sentiment index released Friday.
February 27, 2009BusinessSafetyGovernment
Chicago Manufacturing Index Increases
Manufacturing activity in the Chicago region contracted in February for a fifth straight month, the Institute for Supply Chain Management-Chicago said Friday.
February 27, 2009GovernmentBusiness
Fourth-Quarter GDP Declines 6.2%
The U.S. economy contracted 6.2% in the fourth quarter of 2008, the largest contraction since 1982, the Commerce Department said Friday in its second of three estimates.
February 27, 2009Government
UPS CEO Defends Global Trade
The United States and its trade partners ought not respond to the economic crisis by adopting protectionist measures and restricting free trade, the CEO of UPS Inc. told the Chamber of Commerce Thursday.
February 26, 2009GovernmentBusinessSafety
ATA Unveils New Image Trailer
American Trucking Associations said Thursday it was unveiling a new trailer for use in its image and outreach programs.
February 26, 2009BusinessGovernment
Durable Goods Fall for Sixth Month
Durable goods orders fell for a sixth straight month in January, the Commerce Department said Thursday.
February 26, 2009BusinessGovernment
New 91视频 Sales Fall 10% to Lowest Level on Record
January new home sales fell to the lowest level on record, the Commerce Department said Thursday.
February 26, 2009BusinessFuelGovernment
Obama Urges Cap-and-Trade Legislation
President Obama urged Congress Tuesday night to pass legislation to implement a cap-and-trade program to regulate carbon pollution in the United States, Agence France-Presse reported.
February 25, 2009BusinessLogisticsGovernment
Existing 91视频 Sales Fall in January
Existing homes sales declined 5.3% in January, while the median price of a home fell 15% from the same month last year, the National Association of Realtors said Monday.
February 25, 2009