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Jobless Claims Unexpectedly Increase to More Than 1 Million

Applications for U.S. unemployment benefits unexpectedly increased last week, a stumble for the labor market in its long road to recovery.

August 20, 2020

IMCC Files Claim Against OCEMA, Ocean Carriers

American Trucking Associations’ Intermodal Motor Carriers Conference on Aug. 17 filed a complaint against the Ocean Carrier Equipment Management Association and 11 international ocean carriers alleging conduct that violates the Shipping Act, charging they inflated prices in the intermodal chassis market at dozens of ports across the country.

August 20, 2020

Carriers Get Extension to Rid Systems of Chinese Technologies

The Director of National Intelligence has extended the deadline to Sept. 30 for a requirement that motor carriers that do business with the federal government locate and purge telecommunications equipment manufactured by five Chinese companies that may be in use in their operations.

August 19, 2020

White House Open to $25 Billion for USPS, McEnany Says

The Trump administration is willing to consider the Democrats’ plan to spend $25 billion on the U.S. Postal Service — as long as lawmakers also provide other coronavirus relief sought by the White House, said spokeswoman Kayleigh McEnany.

August 19, 2020

Fed Minutes Note Consumer Spending Rebound, Uncertainty

U.S. central bankers noted the rebound in consumer spending at their last meeting but repeated their view that the path of the recovery would depend on containment of the virus.

August 19, 2020

Infrastructure Investments Possible Under Biden, Sen. Chuck Schumer Says

The top Democrat in the U.S. Senate argued investments in infrastructure networks would be achievable in Congress under a Joe Biden administration and Democratic majority.

August 19, 2020

States Sue Trump Over USPS Even as Changes Paused

More than a dozen states sued President Donald Trump over changes at the U.S. Postal Service that they said trampled federal law and threatened delivery of mail-in ballots, even after Postmaster General Louis DeJoy pledged to delay the moves until after the November election.

August 19, 2020

Postmaster General Halts Service Changes Until After Election

Postmaster General Louis DeJoy said he is suspending changes to mail service that raised concerns over slow delivery of ballots in the fall election after Democrats accused President Donald Trump of hampering the vote-by-mail process.

August 18, 2020

Amazon to Establish Tech Hubs in Six Cities, Including Detroit

Online retail giant Amazon.com Inc. said Aug. 18 it will put a tech hub in Detroit and five other U.S. cities. The move is expected to create 3,500 jobs in total.

August 18, 2020

Three More States to Announce Lawsuits Over USPS, Mail-In Voting

Three more Democratic-led states announced they will take legal action to protect the U.S. Postal Service and mail-in voting as the Trump administration faces claims it is trying to undermine the election.

August 18, 2020