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Durable goods orders posted their biggest decline in three months, falling 7.8% in January, the Commerce Department reported Tuesday.

Volvo AB has agreed to buy Ingersoll Rand Co.’s road building-equipment unit for $1.3 billion, in a deal that would make it the world’s third-largest maker of construction equipment, Bloomberg reported Tuesday.

Consumer confidence reached the highest level in five years, the New York-based Conference Board said Tuesday.

Existing home sales rose 3% in January, the National Association of Realtors said Tuesday.

FedEx Corp. said Tuesday it has set new measures aimed at modernizing the retirement plans for most of its employees, including enhancing its 401(k) plans.

The Ontario Trucking Association said Tuesday that an apparent diesel fuel shortage in the province was causing concern to truckers.

Canadian transportation firm TransForce Income Fund said Monday it earned C$55.1 million or 64 cents a share in the fourth quarter, up from C$35.9 million or 47 cents a year earlier.

Gasoline prices jumped almost 13 cents a gallon nationwide in the past two weeks, as the price of crude oil rose, according to the latest Lundberg Survey of filling stations, released Sunday.

UNIVERSAL CITY, Calif. — An official with the Chicago Climate Exchange said the demand for cleaner engines and alternative fuels in the United States will increase as membership in its cap-and-trade emission trading system expands.

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