Sunday, January 21, 2018
Business
Dollar sinks to 8-month low vs yen as growth slows

Dollar sinks to 8-month low vs yen as growth slows

NEW YORK — Weakening U.S. economic growth and worried comments from Federal Reserve officials drove the dollar to an 8-month low Friday against the Japanese yen.

Recovery loses speed as consumers turn cautious

Recovery loses speed as consumers turn cautious

WASHINGTON — The recovery lost momentum in the second quarter as growth slowed to a 2.4 percent pace, its most sluggish showing in nearly a year and too weak to drive down unemployment.

May NAFTA trade posts record gain from previous year

May NAFTA trade posts record gain from previous year

WASHINGTON — Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was 39.5 percent higher in May 2010 than in May 2009, reaching $66.8 billion, according to the Bureau of Transportation Statistics (BTS) of the U.S. Department of Transportation.

New jobless claims fall for 3rd time in 4 weeks, but stay elevated

New jobless claims fall for 3rd time in 4 weeks, but stay elevated

WASHINGTON — New jobless claims fell last week for the third time in four weeks but remain elevated. The decline is a sign that the economy added jobs in July, still not enough to lower the nation's high unemployment rate.

AP survey: A bleaker outlook for economy into 2011

AP survey: A bleaker outlook for economy into 2011

WASHINGTON — The U.S. economic recovery will remain slow deep into next year, held back by shoppers reluctant to spend and employers hesitant to hire, according to an Associated Press survey of leading economists.

ArvinMeritor launches redesigned, newly-architected website

ArvinMeritor launches redesigned, newly-architected website

TROY, Mich. — ArvinMeritor Inc. announced Wednesday it had launched a redesigned and newly architected website at www.arvinmeritor.com.

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