Consumers See Lower Inflation Ahead Across All Horizons
A shopper at a grocery store in New York. (Jeenah Moon/Bloomberg) Consumers’ expectations for future price pressures improved across all horizons in May, and households’ pessimism about the labor market somewhat eased, according to monthly survey data released June 9 by the Federal Reserve Bank of New York. Median expectations ...more
Deere Lifts Profit Outlook
Nati Harnik/AP Deere & Co. raised its full-year profit forecast amid strong demand for farm equipment and the easing of ...more
Engineers Union Reaches Sick-Time Deal With Norfolk Southern
Norfolk Southern OMAHA, Neb. — The union that represents railroad engineers finally secured its first deal for paid sick time ...more
Werner Appeal of $89.7 Million Verdict Denied
(Getty Images) A Texas state court has denied an appeal by Werner Enterprises Inc. of an $89.7 million jury verdict ...more
Biden Delays Bid to Grant EV Makers Renewable Fuel Credits
A Tesla store in Corte Madera, Calif. (David Paul Morris/Bloomberg News) The Biden administration has dropped, for now, a plan ...more
Ohio to Renovate 17 Rest Areas
The reimagined welcome center on Interstate 70 eastbound in Preble County, Ohio. (Ohio Department of Transportation) Ohio transportation officials will ...more
Federal Reserve Chair Powell Hints at Pause in Rate Hikes
Federal Reserve Chairman Jerome Powell at the Thomas Laubach Research Conference on May 19. (Andrew Harnik/Associated Press) WASHINGTON — Chair ...more