Crude oil futures fell for a third straight day Tuesday, slipping briefly below $100 a barrel before closing at $100.98 on the New York Mercantile Exchange, Bloomberg reported.
April 1, 2008Search
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Bernanke Warns of Possible Recession
Federal Reserve Chairman Ben Bernanke warned Congress Wednesday that the U.S. economy may contract in the first half of this year, saying a recession was possible, the Associated Press reported.
April 2, 2008Factory Orders Fall 1.3% in February
Factory orders fell 1.3% in February, the Commerce Department said Wednesday.
April 2, 2008Road Safe America Backs ATA in Call for Speed Governors
Safety advocacy group Road Safe America said it supports an effort by American Trucking Associations in urging the federal government to order the use of speed governors on heavy-duty trucks.
April 2, 2008Congress Grills Oil Executives on High Prices
A congressional panel questioned the huge profits of oil companies, as prices soared to records, the Washington Post reported Wednesday.
April 2, 2008ISM Factory Index Improves, But Still Shows Contraction
The Institute for Supply Management鈥檚 manufacturing index contracted in March but improved slightly from February, ISM said Tuesday.
April 1, 2008February Construction Spending Drops 0.3%
Construction spending declined for a fifth straight month in February, falling 0.3% from January, the Commerce Department said Tuesday.
April 1, 2008NYC Council Passes Congestion-Fee Measure
The New York City Council approved a proposal to charge drivers 鈥渃ongestion fees鈥 in central Manhattan for the busiest times of the day, the New York Times reported Tuesday.
April 1, 2008Wash. State to Close Lanes on I-5 Near Bellingham
A stretch of Interstate 5 near Bellingham, Wash., will be reduced to as low as one lane on weeknights starting this week, and on weekends later this month, the Washington State Department of Transportation advised.
April 1, 2008Estes Becomes TSA-Security Compliant for Air Cargo
Less-than-truckload carrier Estes Express Lines, Richmond, Va., said Monday it has become one of the first major LTL carriers to become Security Compliant with the Transportation Security Administration.
April 1, 2008