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United States Steel (X) Stock Declines Today as Chinese Rebar, Iron Ore Futures Fall
2015-01-12 19:35:42| Steel - Topix.net
The slowing demand for iron ore further weighed down the raw material used to make steel. Iron ore has been suffering from a growing supply in recent weeks.
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united states
Brent declines below $49 a barrel amid global oil oversupply
2015-01-12 01:00:00| Offshore Technology
Oil prices declined below $49 on Monday as Goldman Sachs cut the three-month forecast of Brent to $42 a barrel.
Trucking Adds 7,300 Jobs in December, Unemployment Declines to 5.6%
2015-01-09 16:54:09| Trucking - Topix.net
The trucking industry added 7,300 jobs in December as the unemployment rate declined to 5.6%, the lowest level since June 2008, the Labor Department reported Jan. 9. The 252,000 overall increase in employment followed a 353,000 rise the prior month that was more than previously estimated, Bloomberg News reported. An additional 2.95 million Americans found work in 2014, the most in 15 years and a sign companies are optimistic U.S. demand will persist even as overseas markets struggle, Bloomberg reported.
Consumer Declines Ding RPM's Q2
2015-01-08 07:21:46| Chemicals - Topix.net
Slumping sales, legal bills, Eurozone instability, and a disappointing acquisition drove Rust-Oleum parent RPM International on Wednesday to shave its earnings guidance for fiscal year 2015. Those were the lowlights of a flat second quarter for the Medina, OH, holding company, which owns dozens of brands of coatings, sealants and construction materials.
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Oil declines below $50 a barrel due to increasing supply glut
2015-01-07 01:00:00| Offshore Technology
The price of Brent crude oil declined below $50 a barrel for the first time since May 2009 on Wednesday, due to an increasing supply glut.
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