Trucking volume collapses!
NEW YORK - September 28, 2010 - Truck tonnage may have increased 2.9% year-over-year in August, but the collapse in month-over-month levels is much more illuminating.
NEW YORK - September 28, 2010 - Truck tonnage may have increased 2.9% year-over-year in August, but the collapse in month-over-month levels is much more illuminating.
MIAMI, Florida - September 26, 2010 - JPMorgan Chase & Co. faces a legal challenge next month that could cast doubt on thousands of foreclosures after a mortgage executive at the bank said she didn’t verify documents used to justify home seizures.
Lawyers for a Palm Beach County, Florida, homeowner asked a judge to throw out a foreclosure as a penalty for misleading the court, according to attorney Tom Ice of Ice Legal PA. They’re citing a May 17 deposition in which the JPMorgan executive said she signed thousands of affidavits and documents supporting the New York-based bank’s claims without personally checking loan records. The court is scheduled to hear arguments October 19.
GREENSBORO, North Carolina - September 24, 2010 - A hospital in Greensboro has seen unclaimed bodies stack up because family members can’t afford to pay burial costs.
WASHINGTON - September 23, 2010 - Initial jobless claims for the week ending September 18 were 460,000, which was higher than the 450,000 that were expected.
So we're back in initial jobless claims limbo.
DALLAS, Texas - September 23, 2010 - Troubled video-rental chain Blockbuster filed for Chapter 11 bankruptcy protection Thursday, and said it plans to keep stores and kiosks open while it reorganizes.
WASHINGTON - September 22, 2010 - The hollowing-out of the United State's industrial base means the country is risking its national security by being dependent on foreign contractors, experts told a congressional panel Wednesday.
The House National Security Oversight Subcommittee heard from a number of economists and labor leaders who argued that the long, slow erosion of Amerikan manufacturing has led to the U.S. losing its edge in numerous industries that are vital to national security.
NEW YORK (PNN) - September 22, 2010 - The price of gold hit a record high Wednesday as investors fretted that the U.S. Federal Reserve’s indication it might need to offer more support for the U.S. economy reignited fears of a resurgent Depression.