Sunday, January 21, 2018
Business
Mortgage rates drop to new low of 4.57 percent

Mortgage rates drop to new low of 4.57 percent

NEW YORK — Mortgage rates fell for the second straight week to the lowest point in five decades. But many people either don’t qualify for new mortgages or have already taken advantage of the low rates this year.

Initial claims drop last week but remain high

Initial claims drop last week but remain high

WASHINGTON — New claims for unemployment benefits dropped sharply last week, a sign that layoffs could be slowing. At the same time, hundreds of thousands of Americans are losing jobless aid because Congress has yet to pass an extension of benefits.

China commercial vehicle sales surge in first quarter

China commercial vehicle sales surge in first quarter

COLUMBUS, Ind. — Sales of heavy-duty commercial vehicles surged to 267,500 units in the first quarter of 2010, a 165 percent increase from the first quarter of 2009 according to a report published by ACT Research Co. LLC and China's State Information Center.

Fed to hold forum to boost small-business lending

Fed to hold forum to boost small-business lending

WASHINGTON — The Federal Reserve said Wednesday it will hold a forum next week to explore ways to improve the flow of lending to small businesses.

FTR: Significant increase in Class 8 orders for June

FTR: Significant increase in Class 8 orders for June

NASHVILLE, Ind. — June Class 8 truck total net orders for North American OEM’s came in at 15,667 units, a 20.5 percent increase over the previous month’s net orders, according to preliminary data from the market analysts at FTR Associates. The order volume is 90.8 percent better than June 2009.

DTNA announces new contracts for Portland truck plant

DTNA announces new contracts for Portland truck plant

PORTLAND, Ore. — Daimler Trucks North America LLC said Tuesday the company had agreed to new three-year collective bargaining agreements covering workers at its Portland Truck Manufacturing Plant (PTMP).

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