Federal Reserve Chair Jerome Powell warned of a weak U.S. recovery without sufficient government aid and said providing too much stimulus wouldn’t be a problem.
October 6, 2020Transportation Compliance News
Transport Topics government and regulatory coverage keeps managers of a highly-regulated industry aware of the policy decisions that can shape their businesses. Covering both the legislative and regulatory aspects of policy-making, at both the state and national levels, the news in this category includes looks at infrastructure, hours of service, emissions rules, funding measures, leadership appointments, and more. Readers can follow what’s happening in Congress, at the Department of Transportation and the Federal Motor Carrier Administration, and in state and local governments.
US Job Openings Fell in August for First Time in Four Months
U.S. job openings declined in August for the first time in four months, pointing to a moderation in pace of hiring as the pandemic drags on.
October 6, 2020Hurricane Delta Now Category 2, Roars at Mexico’s Yucatan
Hurricane Delta rapidly intensified into a Category 2 hurricane with 110 mph winds Oct. 6 on a course to hammer southeastern Mexico and then grow to a potentially catastrophic Category 4 on approach to the U.S. Gulf coast this week.
October 6, 2020Diesel Drops to $2.387 for Fifth Consecutive Decline
The average price of diesel dropped seven-tenths of a cent to $2.387 a gallon, declining for the fifth consecutive week, the Energy Information Administration reported Oct 5.
October 5, 2020Extension Shoves Hot Infrastructure Issue to Back Burner
Infrastructure policy discussions are not front and center at the White House, and the recent enactment of a yearlong extension of the country’s premier highway policy law assures that there won't be substantial talks about transportation anytime soon. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.
October 5, 2020Stimulus Talks Grind On; No Deal Yet Despite Trump Urging
House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin engaged in another round of stimulus talks Oct. 5 with no sign they are close to deal, despite the urging of President Donald Trump to get it done.
October 5, 2020Tropical Storm Delta Forecast to Become Hurricane, Hit Louisiana
Tropical Storm Delta is forecast to become a hurricane in the Gulf of Mexico later in the week of Oct. 5, clipping western Cuba and becoming the record 10th storm to hit the U.S. when it makes landfall between Louisiana and Florida by Oct. 9.
October 5, 2020Market Gets Harsh Reminder That COVID Is Its Elemental Risk
In 24 hours, investors have learned the jobless rate dropped, Tesla Inc. built more cars than forecast and that someone is back making huge options trades in tech megacaps. None of it mattered in markets captivated by news that not even the White House is safe from COVID-19.
October 2, 2020House Panel Advances FEMA Relief Bill
Legislation that would adjust the cost share of federal disaster assistance recently was approved by the House transportation committee.
October 2, 2020Pelosi Optimistic on Relief, Says Trump’s Illness Alters Dynamic
House Speaker Nancy Pelosi said negotiations on a new stimulus with the White House will press ahead and President Donald Trump’s COVID-19 diagnosis might change the tenor of the talks by emphasizing the seriousness of the pandemic.
October 2, 2020Trending
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