Government, Business, Logistics

Abbott to Halt Some Truck Inspections on Border Snarl

Texas will halt some vehicle inspections at the U.S.-Mexico border after a protest against Gov. Greg Abbott’s crackdown provoked protests that halted some crucial food and equipment shipments.

Shelly Hagan | Bloomberg News
April 13, 2022
Government, Business

Canada Inflation Accelerates to 4.7%, Highest Since 2003

Canadian inflation climbed to the highest in two decades, adding pressure on the Bank of Canada to raise interest rates.

Shelly Hagan | Bloomberg News
November 17, 2021
Government, Business, Logistics

Export Boom Drives Canada’s Largest Trade Surplus Since 2014

Canada’s trade sector unexpectedly recorded its largest surplus in more than six years on across-the-board increases in exports.

Shelly Hagan | Bloomberg News
March 5, 2021
Government, Business, Safety

Coronavirus Puts Speed Bump in Canada’s 2020 Economic Expansion

The global spread of coronavirus is lowering expectations that Canada’s economy will quickly emerge from one of its worst slowdowns in years, fueling bets the central bank will be forced to cut interest rates.

Shelly Hagan | Bloomberg News
February 27, 2020
Business, Technology, Autonomous

Robots Displacing Jobs Means 120 Million Workers Need Retraining

More than 120 million workers globally will need retraining in the next three years due to artificial intelligence’s impact on jobs, according to an IBM survey.

Shelly Hagan | Bloomberg News
September 6, 2019
Business, Fuel

Two Texas Oil Towns Among Metros With Fastest Population Growth

Two Texas economies are reaping the benefits from the oil boom in the Permian Basin with people “voting with their feet.”

Shelly Hagan | Bloomberg News
April 19, 2019
Business, Logistics

Landstar Analyst Invokes ‘Spaceballs’ in Bullish Freight Thesis

Landstar System’s stock is traveling at “ludicrous” speed after a series of bullish analyst calls, including one with references from the movie “Spaceballs.”

Shelly Hagan | Bloomberg News
July 31, 2018
Business

Americans’ Economic Expectations Match Strongest Since 2002

Americans’ outlook for the economy climbed in March for a third straight month to match the highest level since 2002, data from the Bloomberg Consumer Comfort Index showed March 22.

Shelly Hagan | Bloomberg News
March 22, 2018
Business

Consumer Comfort Hovers Near Highest Level in 17 Years

Americans’ sentiment remained close to a 17-year high on rosier views of personal finances and the buying climate, as workers enjoy more take-home pay after the recent tax-cut legislation, according to the weekly Bloomberg Consumer Comfort Index released March 1.

Shelly Hagan | Bloomberg News
March 1, 2018
Business

Americans’ Economic Expectations Reach Second-Highest Since 2002

Americans’ outlook for the U.S. economy improved in February to the second-highest level since March 2002, indicating lower taxes are resonating, the Bloomberg Consumer Comfort Index showed Feb. 21.

Shelly Hagan | Bloomberg News
February 21, 2018