Overall new business activity for 25 key American equipment financiers was up 3% to $9.2 billion in August, year over year, according to the Equipment Leasing and Finance Association.
October 3, 2019Search
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In Search of Bipartisanship, Congressional Leaders Point to Transportation Bill
The ongoing impeachment inquiry of President Donald Trump in the U.S. House of Representatives threatens to halt the legislative agenda for the rest of the year and possibly longer, but a comprehensive transportation policy bill is still on the table as the issue remains one of the few vestiges of bipartisanship on Capitol Hill.
October 3, 2019Services Gauge Drops to Three-Year Low
Americaās service industries joined manufacturing in taking a big step back last month, fueling concerns that the global slowdown and trade war are weighing more on the broader economy. Stocks, the dollar and Treasury yields all fell after the report.
October 3, 2019Chinaās Soy-Buying Spree May Signal Prudence Before Talks
Chinese firms have been snapping up U.S. soybeans this week, but donāt mistake this as a sign of buyer confidence in upcoming trade talks.
October 3, 2019Weak Jobs Outlook Echoes Disaster-Hit Months
The last time U.S. payroll forecasts were this low, hurricanes had slammed the country in 2017, temporarily closing businesses. Or go back to 2013 when there was a federal government shutdown.
October 3, 2019US to Put Tariffs on European Planes, Whiskey After WTO Ruling
President Donald Trump got the go-ahead from the World Trade Organization to impose tariffs on as much as $7.5 billion worth of European exports annually in retaliation for illegal government aid to Airbus. The award is the largest in WTO history.
October 3, 2019Teslaās Summon-Your-Car Feature Spurs Safety Inquiry
The top U.S. road-safety regulator is gathering information about a Tesla Inc. feature that allows customers to remotely call for their car to pick them up.
October 3, 2019Port Officials Say Even With Trade Uncertainty, Now Is Time to Expand
U.S. seaports are investing in larger cranes and deepening channels to remain competitive.
October 2, 2019Commerce Department Grants Target Infrastructure Improvements in Texas, California
Texas and California are the recipients of federal grants meant to enhance infrastructure projects essential for freight connectivity, the Department of Commerceās Economic Development Administration announced.
October 2, 2019Officials: āUnresolved Scientific Issuesā Responsible for Delay in Hair Drug-Testing Proposal
A report sent to Congress earlier this summer said that the reason for a nearly three-year delay in developing a proposed hair drug-testing rule was caused by such āunresolved scientific issuesā as hair color and potential external contamination of hair that could adversely affect drug test outcomes.
October 2, 2019