Transport Topics
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Teamsters carhaulers overwhelmingly rejected a tentative agreement covering about 6,000 workers, sending management and union negotiators back to the bargaining table.
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Consumer prices in the United States, excluding food and fuel, rose more than forecast in September, propelled by rising rents. Plunging energy expenses caused total costs to decrease by the most since January.
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The number of Americans submitting applications for jobless benefits unexpectedly declined last week to match the fewest in four decades.
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Americans are increasingly taking to the highways and byways as lower gasoline prices and rising employment spur a "road trip recovery," according to Nicholas Colas, chief market strategist at Convergex.
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