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Jobless Claims Unchanged at 205,000

The number of Americans applying for unemployment benefits was unchanged last week, remaining at a historically low level that reflects the job market’s strong recovery from the coronavirus recession last year.

December 23, 2021

USDOT Gives $241 Million to Ports to Boost Supply Chain

WASHINGTON — Transportation Secretary Pete Buttigieg is awarding more than $241 million in grants to bolster U.S. ports, part of the Biden administration’s near-term plan to address America’s clogged supply chain with infrastructure improvements to speed the flow of goods.

December 23, 2021

Supreme Court to Hold Special Session on Vaccine Mandates

WASHINGTON — The Supreme Court says it will hold a special session Jan. 7 to weigh challenges to two Biden administration policies covering vaccine requirements for millions of workers — policies that affect large employers and health care workers.

December 22, 2021

US Authorizes Pemex Purchase of Shell Refinery

The U.S. government has authorized Petroleos Mexicanos’ bid to take over Royal Dutch Shell Plc’s Deer Park refinery, according to Mexico President Andres Manuel Lopez Obrador.

December 22, 2021

Biden Says Holiday Shipping Crisis Averted

President Joe Biden said that his administration, together with labor unions and companies, succeeded in averting a holiday season supply chain crisis.

December 22, 2021

Consumer Confidence Rises Despite Omicron, Higher Prices

WASHINGTON — U.S. consumer confidence rose in December as Americans shrugged off concerns about rising prices and COVID-19’s highly contagious omicron variant.

December 22, 2021

Container Shortage Sparks Coffee Shipping Experiment

In the coffee trading world, a ship steaming across the Atlantic Ocean is garnering a lot of attention.

December 22, 2021

Economy Grew at 2.3% Rate in Q3, Up From Earlier Estimate

WASHINGTON — The U.S. economy grew at a 2.3% rate in the third quarter, slightly better than previously thought, the Commerce Department said Dec. 22. But prospects for a solid rebound going forward are being clouded by the rapid spread of the latest variant of the coronavirus.

December 22, 2021

New Jersey Adopts Clean Truck Rules

State Environmental Protection officials adopted Advanced Clean Truck rules Dec. 20 that would make New Jersey the first East Coast state to require phasing in of electric commercial trucks to reduce air pollution and the diseases it causes.

December 21, 2021

NHTSA: Highway Safety Programs Receive $260 Million in Grants

Federal programs aimed at improving safety along the country’s highways will receive a boost in funding, the National Highway Traffic Safety Administration recently indicated.

December 21, 2021