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Moderate Democrats Demand Quick Passage of Infrastructure Bill

WASHINGTON — Moderate House Democrats say they would sink a crucial fiscal blueprint outlining $3.5 trillion in social and environment spending unless a separate infrastructure bill is approved first, a new complication for the divided party’s drive to enact President Joe Biden’s domestic agenda.

August 13, 2021

Kansas City Southern Rejects New Bid From Canadian Pacific

OMAHA, Neb. — Kansas City Southern railroad is trying to keep its $33.6 billion merger with Canadian National on track by rejecting a competing $31 billion bid from rival Canadian Pacific earlier this week.

August 13, 2021

China’s Port Shutdown Raises Fears of Closures Worldwide

A COVID outbreak that has partially shut one of the world’s busiest container ports is heightening concerns that the rapid spread of the delta variant will lead to a repeat of last year’s shipping nightmares.

August 13, 2021

Biden Team Seeks Ways to Address Rising Energy Prices

WASHINGTON — President Joe Biden’s administration is moving at home and abroad to try to address concerns about rising energy prices slowing the nation’s recovery from the pandemic-induced recession.

August 12, 2021

Jobless Claims Near Pandemic Low as Economy Strengthens

WASHINGTON — The number of Americans seeking unemployment benefits fell for a third straight time last week, the latest sign that employers are laying off fewer people as they struggle to fill a record number of open jobs and meet a surge in consumer demand.

August 12, 2021

Lawsuit Could Delay Replacement for Aging Postal Fleet

The delivery of new USPS trucks set for 2023 could be delayed.

August 12, 2021

Wholesale Prices Rise in July

WASHINGTON — Inflation at the wholesale level jumped a higher-than-expected 1% in July, matching the rise from the previous month, and dimming hopes that the upward trajectory of prices would begin to slow.

August 12, 2021

IEA Cuts Oil Demand Outlook on Virus

The International Energy Agency cut forecasts for global oil demand “sharply” for the rest of this year as the resurgent pandemic hits major consumers, and predicted a new surplus in 2022.

August 12, 2021

Consumer Prices Rose in July but at Slower Pace

WASHINGTON — Prices for U.S. consumers rose last month but at the slowest pace since February, a sign that Americans may gain some relief after four months of sharp increases that have imposed a financial burden on the nation’s households.

August 11, 2021

FMCSA to Streamline Household Goods Moving Regulations

The Federal Motor Carrier Safety Administration has announced plans to update regulations for transportation of household goods to reduce costs for movers and mitigate the growing problem of fraud in consumer moves.

August 11, 2021