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White House Wants Stimulus by August Recess With $1 Trillion Cap

The White House wants Congress to pass another stimulus package by the first week in August, before lawmakers head home for their annual summer recess, and to keep the cost at $1 trillion or less, according to Vice President Mike Pence’s top aide.

July 7, 2020

I-440 Project in Nashville Wraps Ahead of Schedule

A major Interstate 440 reconstruction project has been completed ahead of schedule, Tennessee government officials recently announced.

July 7, 2020

Electric Vehicles Are Starting to Buoy the Global Metals Market

The market gloom over the metals that will power the cars of the future is starting to lift.

July 7, 2020

FHWA Announces Funding Opportunity for Technology Grants

The Federal Highway Administration recently announced the availability of $60 million in grant funding for groups working on projects that involve transportation technologies.

July 7, 2020

Diesel Continues Slow, Steady Upward Climb

The national average retail price of diesel rose for the fifth consecutive week, up seven-tenths of a cent to $2.437 a gallon.

July 6, 2020

McConnell Expects New Virus Relief Bill by End of Month

Senate Majority Leader Mitch McConnell predicted Congress will pass one final coronavirus rescue package later this month and appealed to everyone in public life to urge people to wear masks to control the spread.

July 6, 2020

US Stocks Rally, Sending Nasdaq to Record High

U.S. stocks jumped, with tech shares pushing the Nasdaq Composite to a record high. The dollar fell for a fifth day and Treasuries dipped.

July 6, 2020

Oil’s Rally Falters in US With Summer Demand Looking Bleak

U.S. crude futures reversed course with investors concerned that lackluster demand through the summer months will weigh on the market’s recovery.

July 6, 2020

Judge Orders Dakota Access Pipeline Shut Down Pending Review

A federal judge on July 6 sided with the Standing Rock Sioux Tribe and ordered the Dakota Access pipeline to shut down until more environmental review is done.

July 6, 2020

CBO Trims GDP Forecast for 2020, Lifts 2021 Projection

The U.S. economy will see a slightly deeper contraction this year but a bigger rebound in 2021 than previously forecast, according to updated estimates from the Congressional Budget Office.

July 2, 2020