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Unemployment Claims Drop, Complicating Anti-Inflation Measures

The U.S. job market remains healthy as fewer Americans applied for unemployment benefits last week, despite the Federal Reserve’s rapid interest rate hikes this year intended to bring down inflation and tighten the labor market.

November 17, 2022

Great Lakes, Seaway Announce ‘Green’ Corridor Initiative

Under an initiative announced at a United Nations climate gathering in November, preliminary plans are in the works for a “Great Lakes-St. Lawrence Seaway System Green Shipping Corridor Network.â€

November 17, 2022

Party Goals Split in Divided Congress

The results are in. House Republicans and Senate Democrats won enough seats in the midterm elections to claim majorities in their respective chambers, setting up a divided Congress until the 2024 election.

November 17, 2022

Congress Eyes FY23 Spending Deal in Lame Duck Session

For Democrats in control of both chambers of Congress through the end of the year, finalizing fiscal 2023 government funding legislation is a top priority during their post-election lame duck session.

November 17, 2022

Factory Output Barely Rises After Tepid Gains in Prior Months

U.S. factory output rose in October by less than expected after downward revisions to prior months, suggesting manufacturing is losing some steam as domestic and global demand moderates.

November 16, 2022

Democrat Senators Press Safety Initiatives as White House Celebrates IIJA

Senior Democrats in the Senate are pressing for transportation safety enhancements as the White House celebrated the anniversary of a $1 trillion infrastructure law’s enactment.

November 16, 2022

Hutcheson Cites History of Commitment to Gender Equality

DALLAS — The head of the Federal Motor Carrier Safety Administration told a conference hosted by a women’s trucking organization that she has been striving to elevate the vital role women play in the industry throughout her career.

November 15, 2022

Diesel Demand Destruction Starting to Look Inevitable, International Agency Says

Unprecedented diesel prices mean that demand destruction for the fuel is probable, the International Energy Agency said.

November 15, 2022

Wholesale Inflation Eased in October for Fourth Straight Slowdown

Prices at the wholesale level rose 8% in October from a year ago, the fourth straight decline and the latest sign that inflation pressures in the United States are easing from painfully high levels.

November 15, 2022

The Battery Supply Chain Is Finally Coming to America

Redwood Materials Inc., the battery recycling company created by Tesla co-founder J.B. Straubel, said it has reached a deal to supply Panasonic with billions of dollars in critical battery components that will be produced in the U.S. for the first time.

November 15, 2022