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DOT awards $511 million for transportation projects Transport Topics Share    
The Department of Transportation is awarding $511 million to fund 46 transportation projects in 33 states and Puerto Rico, Transportation Secretary Ray LaHood said. More
US housing starts jump 9.3 percent, to highest in year Bloomberg Share
Builders broke ground in November on more houses than at any time in the past 19 months, led by a surge in multifamily units, signaling the market is stabilizing heading into 2012. More Jobless claims at 3.5 year low Reuters Share
The number of Americans filing new claims for jobless benefits hit a 3-1/2 year low, bolstering views the economy was gaining momentum, even though third-quarter growth was revised down. More Inflation holds steady in November CNN Share
The government's key measure of inflation, the Consumer Price Index, showed prices hardly moved from October to November. And in the past 12 months, prices were up 3.4 percent, barely changed from a 3.5 percent annual inflation rate in October. More
Existing-home sales downwardly revised 14 percent MarketWatch Share
An average of 14 percent fewer existing homes were sold annually between 2007 and 2010, according to revisions reported by the National Association of Realtors. More Oil price rises above $97 per barrel on promising European and US economic news The Washington Post with Bloomberg Share
Oil prices soared on promising economic news out of Europe and the U.S. Benchmark crude rose $3.24, or 3.5 percent, to $97.29 per barrel in New York. Brent crude, which is used to price foreign oil that's imported by U.S. refineries, rose $2.72, or 2.6 percent, to $106.36 per barrel in London. More
European commercial vehicle registrations up 8.4 percent In November Trailer Body Builders Share
Demand for new commercial vehicles was up 8.4 percent in the European Union in November, with 171,670 new registrations, according to the European Automobile Manufacturers' Association. More Jobless rates drop in almost all US states in November The Economic Times Share
Unemployment rates in almost all US states dropped in November, and 45 states had jobless rates lower than the year before, US Labor Department data showed. More |
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