Philadelphia Manufacturing Index Shows Expansion
Manufacturing levels in the Philadelphia region improved and moved into positive territory this month, the Federal Reserve Bank of Philadelphia said Thursday.
September 18, 2008New I-35W Bridge Opens in Minneapolis
The new Interstate 35W bridge opened Thursday in Minneapolis, a little more than a year after the previous bridge collapsed into the Mississippi River, the Associated Press reported.
September 18, 2008Leading Economic Indicators Decline
An index of leading economic indicators fell 0.5% in August, the New York-based Conference Board said Thursday.
September 18, 2008Jobless Claims Rise 10,000 for Week
Initial jobless claims rose by 10,000 last week to 455,000, the Labor Department said Thursday.
September 18, 2008Crude Settles Below $100 a Barrel
Oil prices remained under $100 a barrel Thursday after earlier rising over $102, Bloomberg reported.
September 18, 2008Seat Belt Use Reaches Record 83%
Seat-belt use in the United states has risen to a record 83% in daylight hours this year, up from 82% last year, the Department of Transportation said Wednesday.
September 17, 2008U.S. Lawmakers Raise Concerns on UPS-DHL Air Deal
Ohio officials told federal lawmakers they have been rebuffed in their efforts to persuade DHL to consider alternatives to its proposed agreement to have UPS Inc. carry its North American air packages, the Associated Press reported.
September 17, 2008Editorial: Saving the Highway Trust Fund
We are pleased and relieved that the Senate finally agreed to support the restitution of $8 billion to the faltering Highway Trust Fund from the U.S. Treasury to undo an old wrong.
September 17, 2008August Housing Starts Plunge 6.2%
New home construction plunged 6.2% in August, the Commerce Department said Wednesday.
September 17, 2008House Passes Energy Bill Allowing More Offshore Drilling
The House late Tuesday approved a bill that legislation that would open more offshore areas for oil and oil and natural gas drilling, pending states’ approval, the Associated Press reported.
September 17, 2008