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Personal Spending Rises for Second Straight Month

Consumer personal spending rose in February for the second consecutive month, the Commerce Department said Friday.

March 27, 2009

Opinion: Don’t Worry — Take Action

The private sector has plenty to worry about at the moment. On a global scale, there are the conflicts in Iraq and Afghanistan and Iran’s nuclear issues.

March 27, 2009

UTi Worldwide Reports Fourth-Quarter Loss

Air and ocean freight forwarder UTi Worldwide lost $89.8 million, or 89 cents per share, for its fiscal fourth quarter, compared with a profit of $18 million, or 18 cents per share, a year ago.

March 26, 2009

House Bill Would Extend Size, Weight Limits

A House bill would freeze the truck size and weight limits of 53 feet for trailers and 80,000 pounds for the entire national highway system.

March 26, 2009

Fourth-Quarter GDP Contracts 6.3%

The U.S. economy contracted at an annual rate of  6.3% rate in the fourth quarter, marking the biggest contraction since 1982, the Commerce Department said Thursday.

March 26, 2009

February New ºÚÁϳԹÏÍø Sales Rise 4.7%

New home sales rose 4.7% in February after bottoming out in January at the lowest rate on record, the Commerce Department said Wednesday.

March 25, 2009

Durable Goods Post 3.4% Gain in February

Durable goods orders rose 3.4% in February, the biggest gain in more than a year and the first in seven months, the Commerce Department said Wednesday.

March 25, 2009

FedEx May Scrub $7.7 Bln. Order for New Jets

FedEx Corp. said it may not go through with a $7.7 billion purchase of 30 new jet planes for air freight if federal law is changed to make it easier for its employees to join a union, Bloomberg reported.

March 25, 2009

Plains States, Highways Hit by Snow, Flooding

President Obama declared North Dakota a federal disaster area as floods from a big spring blizzard caused widespread road closures, and surrounding states to the south and west closed roads due to flooding and high winds, the Associated Press reported.

March 26, 2009

Sen. Specter Opposes Card Check Bill

Sen. Arlen Specter, the only Republican senator to support the Employee Free Choice Act when it was debated two years ago, said Tuesday he would vote against the legislation, the Associated Press reported.

March 24, 2009