Category: News

Illinois state transportation officials say this year’s 19-cent-per-gallon gas tax increase means millions of more dollars to help fix aging downstate roads.

As Hurricane Dorian continued to creep up the East Coast and terminals shuttered in anticipation, logistics groups launched into action.

A gauge of service industries’ business expectations fell in August to the lowest level since the survey started in October 2009, according to the IHS Markit monthly report.

A gauge of service industries’ business expectations fell in August to the lowest level since the survey started in October 2009, according to the IHS Markit monthly report.

Growth at U.S. service industries in August comfortably topped expectations on the sharpest monthly rebound in business activity since early 2008, favorable figures that were tempered by a slowdown in hiring.

U.S. consumer comfort bounced back to a five-week high as assessments of personal finances reached the second-highest level since 2000, offering hope American households can continue to fuel the economic expansion.

Productivity rose at a healthy pace in the second quarter but dropped at American factories, another sign of trouble for manufacturers.

Oil rose near $57 a barrel as China said it will resume talks with the U.S. to try and resolve a trade impasse that has weighed on global growth and fuel consumption.

U.S. companies added the most jobs in four months in August while jobless claims stayed low last week, reports showed Sept. 5, suggesting the labor market remains healthy despite a slowdown in manufacturing and global weakness.

U.S. companies showed widespread concerns about tariff and trade policy uncertainty, but generally reported minimal impact thus far, according to a regional survey from the Federal Reserve.