Crude oil prices rose Thursday to their highest level in 11 weeks, on continued concerns over U.S. refinery capacity and output, Bloomberg reported.
June 14, 2007Search
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NYC Teamsters Back Congestion-Pricing Plan
Teamsters union leaders representing thousands of New York City truck drivers said they support the city’s plan to charge new tolls on vehicles entering Manhattan during weekday business hours, Bloomberg News reported.
June 14, 2007Producer Price Index Climbs 0.1%
Prices paid to U.S. producers rose 0.9% in May, the fourth consecutive increase, the Labor Department said Thursday.
June 14, 2007Senate Panel Delays Border-Card Rule
The Senate Appropriations Committee approved an amendment to halt the launch of a plan for a new border-crossing card for at least 17 months, in order to give the Departments of State and 91ÊÓƵland Security more time to fix its problems
June 15, 2007DHL Buys Stake in Miami Air Cargo Firm
DHL has bought a 49% stake in a Miami air cargo company and extended its contract with the company through 2019, the company said.
June 13, 2007Business Inventories, Sales Rise
U.S. business inventories rose 0.4% in April as sales rose, the Commerce Department said Wednesday.
June 13, 2007Import Prices Rise 0.9%
The price of goods imported to the United States rose 0.9% in May for a fourth straight gain, the Labor Department said Wednesday
June 13, 2007Retail Sales Jump 1.4% in May
Retail sales rose by the most in more than a year last month, gaining 1.4%, the Commerce Department said Wednesday.
June 13, 2007Fed ‘Beige Book’ Cites Trucking Slowdowns
The Federal Reserve gave a generally positive assessment of the U.S. economy last week as manufacturing and job growth picked up, but the Fed’s report cited some regional slowdowns in trucking and truck manufacturing.
June 13, 2007Congress Eyes Boosting Fuel Economy
Stronger fuel-economy rules stand their best chance in years of passing Congress, amid heightened concern about gas prices and global warming, the Los Angeles Times reported Tuesday.
June 12, 2007