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Leading Economic Indicators Rise in May

An index of leading economic indicators rose in May, the New York-based Conference Board said Thursday.

June 21, 2007

Passport Rule Pushed Back to 2008

The Bush administration will delay a rule that Americans must present passports when crossing the U.S. border by land or sea, the Associated Press reported.

June 21, 2007

Philadelphia Factory Index Rises in June

Manufacturing levels in the Philadelphia area rose this month, the Federal Reserve Bank of Philadelphia said Thursday.

June 21, 2007

Senate Authorizes Lawsuits Against OPEC

The Senate approved legislation late Tuesday that would allow the federal government to sue OPEC oil cartel nations under antitrust laws, Bloomberg reported.

June 20, 2007

Senate Panel Backs Alternative Fuel Tax Breaks

A Senate committee approved $28 billion in tax breaks Tuesday to underwrite renewable fuels and 鈥渃lean coal鈥 technology, but the full Senate cut back provisions that would greatly expand diesel fuel made from coal, the New York Times reported.

June 20, 2007

FTC Clears $7.4 Billion Chrysler Sale

Federal antitrust regulators cleared a private-equity firm鈥檚 $7.4 billion purchase of Chrysler from DaimlerChrysler, the Associated Press reported.

June 20, 2007

Coalition Criticizes FMCSA Over Mexican Trucks Plan

A coalition of groups led by Public Citizen and the Teamsters union said Wednesday that the Department of Transportation was ignoring federal safety laws in implementing a pilot program that would allow Mexican trucks to travel throughout the United States.

June 20, 2007

N.Y. Gov. Sees Passage of Congestion Fee

A proposed plan to charge fees on vehicles entering New York鈥檚 business district could win approval from state lawmakers as soon as Thursday, according to Gov. Eliot Spitzer, Bloomberg News reported.

June 19, 2007

Housing Starts Fall 2.1%

Housing starts fell 2.1% in May, the Commerce Department said Tuesday.

June 19, 2007

Oil Rises to Nine-Month High, Nearing $70 a Barrel

Crude oil futures rose to a nine-month high Tuesday, closing at $69.10 a barrel, the highest New York Mercantile Exchange closing price since Sept. 1, Bloomberg reported.

June 19, 2007