Goldman Sachs Group Inc. is raising concerns of a U.S. recession as the trade war with China intensifies, boosting the impact on economic growth.
August 12, 2019Search
Showing 10 of 19186 results
Fiat Chrysler Deal Gives Detroit Residents First Crack at Jobs
A city program gives Detroit residents first crack at jobs with Fiat Chrysler.
August 12, 2019CVSA Asks Senate to Fund an Updated Major Crash Causation Study
The Commercial Vehicle Safety Alliance has asked U.S. Senate appropriators to include funding in the 2020 transportation funding bill for a study that would explore the causes for commercial vehicle crashes, an update to a similar study completed 16 years ago.
August 9, 2019Oil Jumps Most in Month as Saudi Action Outweighs Demand Worries
Oil surged the most in nearly a month as investors digested Saudi Arabia’s latest plan to help stabilize prices following a large dip earlier in the week that was fueled by demand concerns.
August 9, 2019Government: Fitzgerald Now Owes $83 Million in Back Taxes
Attorneys for the U.S. Department of Justice have filed a counterclaim against Fitzgerald Truck Parts and Sales, adjusting the sum the glider truck maker owes the IRS to $83 million from $64 million for not collecting a 12% excise sales taxes on retail glider sales dating to 2012.
August 9, 2019Experts to Dissect Industry Trends, Insights at ATA Economic Summit
Experts in the fields of manufacturing, logistics and the petroleum industry are scheduled to participate in American Trucking Associations’ economic summit in September.
August 9, 2019Core Producer-Price Index Posts First Drop in Two Years
A measure of underlying U.S. producer prices unexpectedly fell in July, with the first drop since early 2017 adding to signs of muted inflation that may reinforce the case for further Federal Reserve easing.
August 9, 2019Walmart Fights $54 Million Lawsuit Verdict Awarding Drivers Sleeper Berth Pay
A three-member panel of the Ninth U.S. Circuit Court of Appeals heard oral arguments Aug. 6 in an appeal by Walmart Transportation of a $54 million jury damage award in 2016.
August 8, 2019Chance of US Recession Rises to 35% Among Economists Surveyed
The likelihood of a U.S. recession in the next 12 months rose to 35% in an August survey of economists, from 31% forecast previously, as global trade tensions fuel economic uncertainty.
August 8, 2019US Rushes to Ready New China Duties as Companies Fret Pain
The Trump administration is rushing to finalize a list of $300 billion in Chinese imports it plans to hit with tariffs in a few weeks’ time, as U.S. companies make a last-ditch appeal to be spared from the latest round of duties.
August 8, 2019