A month after President Donald Trump moved to shore up workers’ incomes by giving employers the option of deferring payroll taxes, the effort has failed to energize a U.S. economy still reeling from the coronavirus pandemic.
September 11, 2020Search
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Oil Traders Snap Up Tankers in Sign Second-Wave Glut Is Near
Some of the world’s biggest oil traders are getting ready for the possible resurgence of a coronavirus-induced glut of crude and fuels, snapping up giant tankers for monthslong charters so that they can be ready to store excess barrels if necessary.
September 11, 2020Kentucky Officials Award Funds to Freight-Moving River Ports
Kentucky officials recently announced $450,000 has been awarded to five river ports to assist with critical repairs and equipment improvements.
September 11, 2020Experts Stress Public Trust in AV Tech as E-Commerce Rises
As the pandemic prompts people to shop from their homes and rely on contactless delivery services, gaining public trust in automated vehicle technology remains essential, experts said.
September 11, 2020US Stocks Resume Sell-off With Tech Battered Anew
A fresh sell-off in megacap technology shares sent stocks to the fourth loss in five days as investors remain worried that valuations stretched too far in a five-month rally. Treasuries rose with the dollar.
September 10, 2020Fleets Rally to Aid Hurricane Laura Victims
Hurricane Laura wreaked havoc when it made landfall Aug. 27, but fleets have rallied to help the victims in the couple of weeks since.
September 10, 2020Doomed-to-Fail Senate Vote Will Usher Final Scene on Stimulus
The U.S. Senate is poised to vote Sept. 10 on whether to advance a slimmed-down Republican-crafted pandemic relief bill, opening what’s likely to be the final stage of the monthslong partisan battle over fiscal stimulus.
September 10, 2020Infrastructure Stakeholders Press Congress for Highway Law Extension
Groups representing nearly every aspect of the country’s infrastructure networks recently called on congressional leaders to approve a yearlong extension of a soon-to-expire highway law.
September 10, 2020PennDOT Accepting Applications for Multimodal Transportation Fund
The Pennsylvania Department of Transportation is accepting applications from those seeking to finance projects through the Multimodal Transportation Fund.
September 10, 2020Job Losses Persist as Claims Come in Higher Than Forecast
Applications for U.S. state unemployment benefits held steady last week, a sign extensive job losses are persisting as the nation struggles to control the coronavirus.
September 10, 2020