Oil in New York plunged below a key technical level for the first time since June as concerns over progress on another round of U.S. fiscal stimulus compounded growing fears that a sustained recovery in demand is still some way off.
September 29, 2020Search
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Pelosi, Mnuchin Resume Pivotal Talks on New Stimulus for Economy
House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin on Sept. 29 discussed the latest Democratic stimulus proposal in talks that will determine whether another coronavirus relief package gets enacted before the election.
September 29, 2020Consumer Confidence in US Posts Biggest Gain in 17 Years
Consumer confidence rebounded in September by the most in more than 17 years as Americans grew more upbeat about the outlook for the economy and job market, though sentiment remained below pre-pandemic levels.
September 29, 2020US Lawmakers Propose Tighter Rules for New Airplanes
Lawmakers who criticized regulators over the way they approved the Boeing 737 Max will propose changing the way that the Federal Aviation Administration certifies new plane designs and uses private-sector employees to perform safety analysis.
September 29, 2020Diesel Falls 1¢ to $2.394 in Fourth Consecutive Decline
The nationwide average price of diesel fuel fell by 1 cent, according to the U.S. Energy Information Administration’s report released Sept. 28.
September 28, 2020Trump Announces Shipping of Millions of Rapid Tests for States
President Donald Trump announced plans to distribute millions of Abbott Laboratories’ 15-minute COVID-19 test in the coming weeks, a move aimed at expanding access and helping reopen schools that are seen as key to getting parents back to work.
September 28, 2020Infrastructure and the Trump-Biden Presidential Debate
President Donald Trump and former VP Joe Biden will square off in a presidential debate Sept. 29. Despite both men calling infrastructure a pressing national issue, don't count on the topic coming up. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.
September 28, 2020Pelosi Says White House Has to Offer More on Stimulus
House Speaker Nancy Pelosi said the White House will have to agree to “much more” spending for a fresh round of stimulus if there is any hope of striking a deal before the election.
September 28, 2020Trump Shows Off Lordstown Motors’ Endurance Electric Pickup Truck
WASHINGTON — The day before traveling to Cleveland for his first presidential debate with Democratic nominee Joe Biden, President Donald Trump inspected the new Endurance electric pickup truck from Ohio’s Lordstown Motors outside the White House, claiming success for boosting the region’s economy after General Motors shuttered its plant that made the Chevrolet Cruze.
September 28, 2020US Judge Orders Stop to USPS Cuts, Echoing Others
A federal judge in Philadelphia joined others Sept. 28 in ordering a halt to recent Postal Service cuts that critics say are causing mail delays and threatening the integrity of the presidential election.
September 28, 2020