Latest News Updates From Bloomberg News

GovernmentBusinessEquipment

‘The Party Is Over’ for Car Sales as Tariff Reality Kicks In

The springtime surge in U.S. auto sales landed with a thud in June, setting up a slowdown in the months ahead as carmakers digest tariffs on auto imports and consumers find fewer deals.

July 1, 2025
GovernmentBusiness

US Trade Partners Wary of Signing Deals

Tariff negotiations are running into roadblocks, as partners including Japan, India and the EU balk at signing deals without knowing how badly they’ll be hit by separate levies on exports.

June 26, 2025
GovernmentBusinessLogistics

EU Firms Up Trade Strategy Ahead of Trump’s Tariff Deadline

EU leaders are set to debate their strategy in response to President Donald Trump’s trade war, with the choices coming down to accepting an unbalanced deal or risking escalation by striking back.

June 26, 2025
GovernmentBusinessSafetyFuelLogistics

Tanker Rates Soar to Highest Since 2023 After US Bombs Iran

Tanker rates extended gains as tensions in the Middle East ratchet higher, with shipowners demanding bigger fees to call at ports in the Persian Gulf after the U.S. launched strikes on Iran.

June 23, 2025
GovernmentBusinessLogistics

Small-Parcel Shipments From China to US Fall 40% on Tariffs

U.S. tariff hikes on small packages from China triggered a slump in shipments last month, contributing to a huge drop in bilateral trade and roiling exporters like Shein and Temu.

June 20, 2025
GovernmentBusinessFuel

Fuel Tanker Rates Soar Over Israel-Iran Conflict

The cost of hauling refined oil out of the Middle East surged on June 17 as shippers reacted to the conflict between Israel and Iran.

June 17, 2025
GovernmentBusinessTechnologyEquipmentAutonomous

Air Taxi Firm Archer Sees More Defense Demand in Short Term

Electric aircraft maker Archer Aviation expects its defense-related sales to outstrip commercial air taxis in the short term.

June 16, 2025
GovernmentBusinessSafetyFuelLogistics

Oil Shippers Pause Offers of Vessels to Middle East

Some oil tanker owners and managers have paused offering their vessels for Middle Eastern routes since June 13 as they assess the risks from Israel’s conflict with Iran.

June 16, 2025
GovernmentBusinessSafetyFuelLogistics

Israel-Iran Clash Revives $100-a-Barrel Oil Fears

The barrage of headlines has revived memories of the political upheavals and price spikes of the 1970s — and yet even when oil prices have jumped, it inevitably proved short-lived.

June 13, 2025
GovernmentBusinessSafetyFuelGlobal Freight

Oil Tanker Market Roiled by Israeli Airstrikes Against Iran

Israel’s airstrikes on Iran drove up freight rates and tanker stocks June 13 as traders and investors priced in the prospect of disruption to a large swath of the global oil-shipping fleet.

June 13, 2025