WASHINGTON — President Barack Obama is appealing to the world’s major economies not to waver in their efforts to support a sustained rebound from the near collapse of the global economic system in the fall of 2008.
PORTLAND, Ore. — Spot market freight availability increased by 216 percent in May, compared to the same month in 2009, according to TransCore’s North American Freight Index. This was the strongest volume for the month of May in at least 10 years, according to the company.
WASHINGTON — The deficit in the broadest measure of U.S. trade rose in the first quarter to the highest point in more than a year as rising global oil prices and a rebounding economy pushed up imports sharply.
NEW YORK — FedEx on Wednesday offered a conservative outlook for its new fiscal year even as strong exports from Asia led to healthy fourth-quarter results.
WASHINGTON — Home construction plunged last month and building permits also fell, the latest signs that the construction industry won’t fuel the economic recovery.