Oil ended a choppy session lower with worsening global coronavirus outbreaks accentuating concerns over a demand rebound.
January 21, 2021Coronavirus News Updates
Buttigieg Pledges to Make Transportation Systems COVID-Safe
President Joe Biden’s pick to run the Department of Transportation says he will focus on preventing the spread of COVID-19 on the nation’s transportation systems if he is confirmed by the U.S. Senate.
January 21, 2021US Jobless Claims Fall Slightly; Remain Near 1 Million
Applications for U.S. state unemployment benefits fell only slightly the week of Jan. 11 and remained elevated, signaling heightened pandemic-related strain in the U.S. labor market just as Joe Biden begins his first days as president.
January 21, 2021Amazon Offers to Help Biden Administration With Vaccinations
Amazon .com Inc. is offering to help the Biden administration accelerate the distribution of COVID-19 vaccines, including to its own employees.
January 20, 2021Incoming Administration ‘Looking to the Future,’ Buttigieg Says
A day before his confirmation hearing on Capitol Hill, President Joe Biden’s pick to lead the country’s transportation policy affairs championed a pandemic aid package that includes funds for transit systems.
January 20, 2021Oil Tanker Owners Pay to Move Crude in Wake of Supply Cuts
Saudi Arabia’s oil production cuts have hit the tanker market so hard that owners of the biggest vessels are effectively subsidizing cargo deliveries on the industry’s main trade route.
January 20, 2021Technology, Pandemic Reshape Industry’s Business Models, Panel Says
Advancements in technology and the impact of the coronavirus pandemic have driven major changes in trucking, a panel of experts said Jan. 19.
January 20, 2021Yellen Says Aid to Jobless, Small Firms ‘Biggest Bang’ for Buck
Janet Yellen told lawmakers Jan. 19 that help for the unemployed and small businesses would provide the “biggest bang for the buck” as she made the case for President-elect Joe Biden’s $1.9 trillion COVID-19 relief plan.
January 19, 2021Consumer Sentiment Posts Moderate Pullback in January
U.S. consumer sentiment cooled more than forecast in January, adding to signs consumers may be growing less optimistic as vaccinations roll out amid soaring new infections.
January 15, 2021Manufacturing Output Rose More Than Forecast in December
Production at U.S. manufacturers increased in December by more than projected, marking an eighth straight month of gains as steady yet more moderate demand growth and lean inventories continue to power the sector’s recovery.
January 15, 2021Follow Us
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