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China could be creating Asia’s biggest container shipping company through a merger of two titans. But the plan doesn’t address the central issue confronting the industry for at least five years now: too many ships, with too much cargo space, plying the seas.

Sales at U.S. retailers rose in July on growing demand for everything from cars to clothing, and a decline the previous month was wiped away, signaling consumers are propelling growth in the world’s largest economy.

Applications for unemployment benefits in the United States are hovering close to a four-decade low, a sign of muted firings and steady progress in the labor market.

A Wal-Mart Stores Inc. driver hit a limo van carrying comic Tracy Morgan last year because he was so fatigued he didn’t notice traffic had slowed ahead of him, U.S. investigators found Aug. 11.

FTR's Trucking Conditions Index jumped 56% to 7.7 in June from May, Bloomberg News reported.

America’s service providers from restaurants to real estate agencies expanded in July at the strongest pace in a decade, putting the U.S. economy on track for faster growth.

American households kept spending in June, capping a stronger quarterly performance for the biggest part of the economy.

Consumer confidence retreated in July as Americans’ expectations deteriorated to an eight-month low.

The world’s largest economy expanded at a faster pace in the second quarter and managed to eke out a gain at the start of the year, painting a picture of incremental progress consistent with the Federal Reserve’s view.