WASHINGTON — Personal spending jumped by a larger amount than expected in January but Americans’ incomes barely budged as millions of Social Security recipients did not get their usual cost of living boost. The weak income growth could depress spending in the months ahead, acting as a further drag on the fragile economic recovery.
EVANSVILLE, Ind. — Accuride Corp., one of the largest and most diversified manufacturers and suppliers of commercial vehicle components in North America, has successfully completed all conditions of its Plan of Reorganization and emerged from Chapter 11 with a new capital structure after only five months, the company said Friday.
NEW YORK — A KeyBanc analyst said Thursday demand in the trucking industry is improving as downsizing and the failures of smaller companies have paved the way for existing trucks to carry more freight.
WASHINGTON — Senate Democrats delivered the first of several promised election-year jobs bills Wednesday, passing a measure blending highway funding eagerly sought by the states with tax breaks for companies that hire unemployed workers.
WASHINGTON — Orders to U.S. factories for big-ticket manufactured goods shot up in January by the largest amount in six months, but the strength came from a surge in demand for commercial aircraft.