Economy News Updates

GovernmentBusiness

Fed Cuts Rates Again Amid Labor Market Weakness

In their post-meeting statement, Fed policymakers on Oct. 29 repeated their assessment that 鈥渏ob gains have slowed鈥 and said 鈥渞isks to employment rose in recent months.鈥

October 29, 2025
GovernmentBusiness

Americans Grow More Uneasy About Job Market, Economy

The Conference Board鈥檚 gauge decreased 1 point to 94.6, the lowest since April, data out Oct. 28 showed. The median estimate in a Bloomberg survey of economists called for a reading of 93.4.

October 28, 2025
GovernmentBusiness

Hopeful Economic Signs Dim, ATA鈥檚 Costello Says

American Trucking Associations Chief Economist Bob Costello warns that businesses remain hamstrung by trade policy uncertainty, and said the true impact of tariffs has barely been felt.

October 28, 2025
GovernmentBusinessTechnologyEquipmentSafetyLogistics

ATA鈥檚 Spear Hails Rollback of EV Mandates, Other Trucking Wins

ATA President Chris Spear emphasized the federation's active role in this year鈥檚 regulatory changes, including in a meeting with then-presidential candidate Donald Trump last summer.

October 27, 2025
BusinessTechnologyLogisticsPrivateTop 100

Amazon to Lay Off 30,000 as Cost Pressures Mount

CEO Andy Jassy previously signaled that Amazon鈥檚 workforce would get smaller as the company increases its use of artificial intelligence to complete tasks normally handled by people.聽

October 27, 2025
BusinessEquipmentLogisticsFor-Hire

Ryder Q3 Profit, Revenue Hold Steady in Weak Market

Executives told analysts the most recent quarter鈥檚 performance boded well for the coming quarters in spite of continued economic uncertainty. Overall, revenue was little changed.

October 26, 2025
GovernmentBusinessTechnologyEquipmentSafety

Trucking Increasingly Weary Over Lawsuit Abuse and Insurance

The 2025 ATRI Top Industry Issues report, released Oct. 26, found that the economy was the top concern among industry stakeholders for the third year in a row.

October 26, 2025
GovernmentBusiness

鈥楤uckle Up,鈥 IMF Chief Warns Amid Economic Uncertainty

The global economy is holding up better than expected despite major shocks such as President Donald Trump鈥檚 tariffs, but Kristalina Georgieva says that resilience may not last.

October 8, 2025
GovernmentBusinessTechnologyEquipment

Trump鈥檚 Manufacturing Revival Faces Sharp Job Losses

Manufacturing payrolls fell for the fourth straight month in August, slipping by 12,000 from a month earlier, Bureau of Labor Statistics data released Sept. 5 showed.

September 5, 2025
BusinessLogistics

Freight Market Showed Hopeful Signs in Q2

The freight market showed signs of recovery in the second quarter despite ongoing issues preventing it from truly turning a corner, according to experts.

September 5, 2025