Coronavirus News Updates

Government, Business, Equipment

ºÚÁϳԹÏÍø Construction Jumps 17.3% in June

Construction of U.S. homes jumped 17.3% in June as some states reopened, but the pace still lags last year after this spring’s massive slowdown in building activity due to the coronavirus outbreak.

July 17, 2020
Business, Technology, Equipment, Safety

Demand for Virtual Training Accelerates During Pandemic

The pandemic is accelerating the transition to virtual learning for truck technicians, and the industry might never turn back.

July 17, 2020
Government, Business

Senate GOP to Focus on Schools, Jobs in COVID-19 Stimulus

The Senate’s next round of stimulus funding related to the coronavirus pandemic is likely to assist with education and boost the workforce, the chamber’s leader indicated.

July 16, 2020
Government, Business, Fuel

Oil Slips as Looming OPEC Supply Surge Adds to Demand Woes

Oil snapped its two-day rally amid a weaker demand outlook underscored by the OPEC+ alliance’s decision to taper production cuts and U.S. economic data signaling a slowing recovery in the labor market.

July 16, 2020
Business, Logistics

Americans Take Up New Eating Habits, Forcing Farms to Raze Crops

Americans have rapidly changed the ways they buy, cook and eat food in just four months, leaving everyone from farmers to restaurants unable to match their pivot.

July 16, 2020
Government, Business

Number of Laid-Off Workers Seeking Jobless Aid Stuck at 1.3 Million

The number of laid-off workers seeking unemployment benefits remained stuck at 1.3 million last week, a historically high level that indicates many companies are still cutting jobs as the viral outbreak intensifies.

July 16, 2020
Government, Business

Fed Survey Shows Tepid Recovery in Early July

Optimism about a nascent recovery in the U.S. economy was dampened by increased uncertainty over the path of the coronavirus, according to a new report from the Federal Reserve.

July 15, 2020
Government, Business

Economic Recovery Threatened by COVID-19 Resurgence, Experts Say

The U.S. economy, which had begun to improve, is now in jeopardy of stalling amid rising cases of COVID-19 infections.

July 15, 2020
Government, Business

Extension of Airline Payroll Aid Sought by Unions, Lawmakers

A bipartisan group of House lawmakers along with airline unions are calling for an extension of federal aid to prevent an expected wave of layoffs starting in October.

July 15, 2020
Government, Business

US Industrial Output Surges by Most Since 1959 on Reopening

U.S. industrial production in June posted the largest monthly gain since 1959, indicating manufacturing is stirring to life after coronavirus-related shutdowns.

July 15, 2020