Category Economy

Breaking economic news, with reports on global stock markets, personal finance, businesses and technology.

Oil costs slip 1% after progress in US-Iran talks

SINGAPORE (Reuters) – Oil costs fell greater than 1% at Monday’s open in Asia after nuclear talks between the USA and Iran progressed, easing provide considerations. Brent crude futures slipped 78 cents, or 1.15%, to $67.18 a barrel at 2212…

Look to short-haul freight as an financial bellwether

Photograph: Jim Allen – FreightWaves Chart of the Week: Metropolis Outbound Tender Quantity Index, Lengthy Outbound Tender Quantity Index – USA SONAR: COTVI.USA, LOTVI.USA Demand for short-haul truckloads (below 100 miles, or COTVI) has grown over the previous yr, whereas long-haul volumes have…