The U.S. jobs market has a “slow leak,” as reflected in the latest weekly data on initial jobless claims, according to Renaissance Macro Research. “The slow leaking higher of unemployment continues,” Neil Dutta,
U.S. wholesale inflation rose last month on higher energy prices. The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose 0.2% last month from November,
STOCKHOLM-Volvo maintained its outlook for European and North American truck markets after reporting a forecast-beating rise in fourth-quarter truck orders that was driven by fleet replacements in eastern Europe and demand for purpose-built trucks in the U.S.
Mr. DiSanto is a shareholder and experienced public company director with expertise in capital allocation, corporate finance, and the debt and equity markets. Currently serves as Chairman and Chief Executive Officer at Ancora Holdings, the parent company of Ancora Alternatives, a U.S. Steel shareholder.