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Manufacturing activity in the New York region contracted at the slowest pace in more than a year, the Federal Reserve Bank of New York said Monday.

This is just a comment on the letter headlined “Safety, Reregulation” that ran in the July 20 issue.

The new economic Siamese twins, namely the stock market and oil prices, are continuing to rise in lockstep, bringing relief and pain to consumers — and the national economy — simultaneously.

UPS Inc. said that it will collaborate with Chinese wholesale marketplace DHgate in a deal that will allow DHgate to use UPS’s online shipping tools.

Though it’s true that many transportation companies are cutting back on expenses during this sluggish economy, carefully calculated investments in information technology can bring both immediate payback and long-term success.

A Los Angeles man has been sentenced to serve more than four years in federal prison and pay $2.7 million in restitution to 300 trucker and broker victims for his part in an Internet load-board scheme that included hacking into the Federal Motor Carrier Safety Administration’s Web site.

U.S. consumer confidence fell this month for the second straight month, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.

The consumer price index was unchanged in July, the Labor Department said Friday.