July's 4.9% rate edged up from 4.5% in previous month and in July 2016, Labor Dept. reports.

PBGC says its 2016 multiemployer program deficit grew to $58.6 billion from 2015's $55.5 billion.

Commerce Dept. says construction spending declines 1.3% on monthly basis but climbs 1.6% vs. June 2016.

The Trump administration takes step to repeal clean water rule, plans to stop or withdraw many other Obama-era regulations.

Multi-part measure also would boost military construction, Corps civil works budgets, but cut VA projects.