The Chinese government said it will extend a suspension of retaliatory tariffs on U.S. autos and include the opioid fentanyl in a list of controlled substances, two steps that could generate a positive atmosphere for trade negotiations due to resume this week.
April 1, 2019Search
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Commodities’ Best Quarter Since 2016 May Be Tough Act to Follow
Commodities had their best quarter in almost three years, driven by supply concerns and optimism over demand. Investors, though, might not want to get too cocky.
April 1, 2019Factory Gauge Rises From Two-Year Low on Employment Gains
A gauge of U.S. factories topped estimates in March, rising from a two-year low on strength in employment and orders and signaling stabilization after a rocky few months.
April 1, 201947,000 Bridges Nationwide Are Structurally Deficient, ARTBA Analysis Finds
Iowa, Pennsylvania and Oklahoma have the dubious distinction of leading the country in states with the highest number of bridges deemed structurally deficient, according to a recent analysis by the group that represents road builders.
April 1, 2019China Touts Progress With US as Both Focus on a Final Deal
Chinese and U.S. negotiators made “new progress” in trade negotiations as both sides discussed the wording of an agreement that’s designed to resolve a bilateral trade dispute, according to Xinhua, Beijing’s official news agency.
March 29, 2019New York City Congestion Pricing Hits Speed Bump Over Who Gets Exemptions
New York lawmakers facing an April 1 deadline to approve a state budget have agreed to impose tolls upon motorists who enter midtown Manhattan, but they still must decide on politically fraught issues over who gets to be exempt.
March 29, 2019UAW Says GM Dismissed Concessions Before Idling Cruze Plant in Ohio
Three weeks after employees at the Lordstown General Motors Co. compact car plant assembled their last Chevrolet Cruze, employees are filing into the United Auto Workers Local 1112 hall to sign up for unemployment benefits and try to figure out if they should take a transfer to another GM plant or wait it out.
March 29, 2019Presidential Candidate Amy Klobuchar Unveils $1 Trillion Infrastructure Plan
U.S. Senator Amy Klobuchar became the first Democratic presidential candidate to release a detailed federal infrastructure plan, calling for $1 trillion in investment and putting pressure on a wide field of contenders to come up with their own proposals.
March 28, 2019Manhattan Drivers Could Be Facing $11.52 Toll to Drive City Streets
London did it. So did Singapore and Stockholm. Now New York may be coming around to congestion pricing.
March 27, 2019January Trade Gap Narrows as Imports From China Plummet
The U.S. trade deficit pulled back in January from the widest level in a decade as imports from China plunged, suggesting American companies had been rushing shipments the prior month to beat an expected tariff boost.
March 27, 2019