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Yellen Warns Delay in Raising Debt Limit Will Slow Economy

WASHINGTON — Treasury Secretary Janet Yellen sounded an urgent call Sept. 28 for Congress to raise the government’s borrowing limit, a day after Senate Republicans blocked consideration of a bill that would have done so.

September 28, 2021

Why and How the UK Is Experiencing a Fuel Crisis

LONDON — Long lines are snaking down streets across the U.K. as drivers struggle to fill up their cars, causing widespread traffic misery and worries over whether emergency services can do their work.

September 28, 2021

Raimondo Says CEOs More Reasonable on Taxes Than Lobbyists

Commerce Secretary Gina Raimondo made a fresh pitch for President Joe Biden’s plan to raise corporate taxes, saying lower rates have failed to have much impact and that the chief executive officers she speaks to privately are ā€œmuch more reasonableā€ on taxes than the trade groups who are aggressively lobbying against increases.

September 28, 2021

European Energy Prices Surge to Records as Supply Crisis Spreads

European energy markets from natural gas to carbon permits jumped to records, signaling the supply shortage will get worse just as the winter season starts. Stockpiles of everything from gas to coal and Norwegian water for electricity production are dwindling and there are few signs the situation will improve anytime soon as demand continues to roar back from a pandemic-driven lull.

September 28, 2021

West Coast Ports Need More Funds, Seroka Says

The federal government needs to invest more in West Coast ports, said the head of the Port of Los Angeles, which is the nation’s biggest gateway to Asia and is grappling with record backlogs.

September 27, 2021

Trucker Visa Move to Get Gas Flowing in UK Called Inadequate

Boris Johnson caved in to industry demands to issue visas to foreign truck drivers, as a crisis that has led to panic-buying at gas stations and empty supermarket shelves threatens to undermine his government.

September 27, 2021

Pandemic, Amazon Driving Growth of Minnesota Mega-Business Centers

An enormous new kind of trucking center is rolling into the Twin Cities — thanks in part to the pandemic and the home-delivery giant Amazon.com Inc.

September 27, 2021

Orders for Business Equipment Rise for Sixth Straight Month

Orders placed with U.S. manufacturers for business equipment strengthened in August, extending to six months a solid run of robust capital investment that’s helping fuel economic growth.

September 27, 2021

House Vote on Infrastructure Pushed to Sept. 30

WASHINGTON — With President Joe Biden’s broad domestic agenda at risk of collapse, House Speaker Nancy Pelosi on Sept. 26 vowed that Democrats will pass a bipartisan infrastructure bill this week and push ahead on the bigger $3.5 trillion social safety net and climate change bill while acknowledging the total amount will drop.

September 27, 2021

Wreaths Across America Recognizes Bennett Family of Cos.

The Bennett Family of Cos. was recognized by Wreaths Across America as the sixth recipient of its annual James Prout Spirit of Giving Award.

September 24, 2021