Transport Topics
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The 225,000 people facing possible cuts in their retirement benefits are the most numerous and visible victims of the Central States Pension Fund troubles. But the fund's deep financial woes also have left hundreds of companies with large potential liabilities, essentially because they have survived where others failed.
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The U.S. average retail diesel price fell for the fifth consecutive week, down 4.1 cents a gallon to $2.338, the Department of Energy reported Dec. 14. The latest decline set a new low for prices over the past nearly 6 1/2 years, surpassing $2.354 set June 1, 2009.
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Wholesale prices in the United States rose in November by the most since June as a pickup in profit margins at service providers more than offset cheaper costs of goods.
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Retail sales climbed in November by the most in four months as American consumers put to work some of the money saved from the cheapest gasoline since early 2009.
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