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US Jobless Claims Hit Eight-Month Low to End 2024

Initial applications for U.S. unemployment capped 2024 at an eight-month low, reflecting the muted levels of job cuts in a labor market that has remained surprisingly resilient.

January 2, 2025

New Jersey Seeks to Halt New York Congestion Pricing Plan

New Jersey asked a federal judge to block New York from moving forward on Jan. 5 with a plan to charge drivers entering Manhattan’s central business district while a legal challenge plays out.

January 2, 2025

New IANA CEO Anne Reinke Aims to Lift Intermodal

New Intermodal Association of North America CEO Anne Reinke wants to elevate the industry’s profile and Capitol Hill presence. But before she makes any moves, she’s going to learn the ropes.

January 2, 2025

Dockworker Talks to Resume Jan. 7 as Port Strike Looms

Facing a mid-January deadline to reach a deal, the planned talks are a welcome sign for shippers bracing for a labor disruption that would shut every major port on the U.S. East and Gulf coasts.

January 2, 2025

Tesla Semi Crash, Fire Mark NTSB’s First EV Truck Case

In its first accident probe of an electric-battery heavy truck, NTSB is examining the Aug. 19 crash of a 2024 Tesla Semi that burned to the ground after it veered off the road and struck a tree.

December 30, 2024

Trump Backs Johnson With ‘Total Endorsement’ Before Key Vote

Mike Johnson has faced criticism from ultraconservative lawmakers after backing a temporary spending deal that failed to include Donald Trump’s demands for lifting the U.S. debt ceiling.

December 30, 2024

Yellen Urges Swift Action as Debt Ceiling Looms

The department has in the past deployed what are known as “extraordinary measures” or accounting maneuvers to keep the government operating.

December 30, 2024

US Natural Gas Prices Surge 20% on Colder Forecasts

U.S. natural gas futures soared as the weather outlook for January shifted colder, raising demand prospects for the fuel used in heating and power generation.

December 30, 2024

US Economy Defies Odds Despite Election-Year Challenges

Despite uncertainty around a presidential election, elevated interest rates and a cooling labor market, economic growth remained solid in 2024.

December 30, 2024