US construction spending at 7-year high in September

US construction spending at 7-year high in September

Agence France-Presse US construction spending hit a seven-year high in September after a modest rise in the previous month, the Commerce Department reported Monday. Despite some signs of slowdown elsewhere in the economy in the month, September spending on building new homes, highways, offices and other facilities held up at an annual pace of $1.09

Canadian firm building Keystone XL pipeline asks for US permit to be suspended

Canadian firm building Keystone XL pipeline asks for US permit to be suspended

International Business Times

TransCanada Corp., the company behind the highly contested Keystone XL pipeline project, requested Monday to suspend its U.S. permit application, the Wall Street Journal reported. The move, hailed by opponents as a great victory, comes before an expected rejection from the Obama administration. It also comes at a time of low oil prices that have sapped…

Defense Dept. criticized for spending $43 million on natural gas station in Afghanistan

Defense Dept. criticized for spending $43 million on natural gas station in Afghanistan

Agence France-Presse The US military used $43 million of taxpayer dollars for a natural-gas filling station in northern Afghanistan that should have cost just $500,000, the government watchdog for reconstruction in the war-torn country said Monday. The huge expense highlights some of the endemic problems that have plagued US aid to Afghanistan in the wake