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US Construction Spending Fell 1.1% in June

WASHINGTON — Spending on U.S. construction projects fell 1.1% in June, the biggest decline in more than a year as spending on public construction dropped at the highest rate in more than five years.

August 1, 2018

US Factories Grew at a Slower Pace in July

WASHINGTON — U.S. factories grew at a slower pace in July, but American industry remains healthy despite growing concern about trade conflicts.

August 1, 2018

Major Car Exporters Weigh Response to Trump’s Threat of Tariffs

Trade officials from the world’s top car-exporting nations agreed to respond if President Donald Trump slaps new U.S. tariffs on autos and auto parts.

August 1, 2018

Why the Trucking Shortage Is Costing You

A shortage of truck drivers that has been simmering in the United States for years has reached a full boil, causing anxiety from small factories to the Federal Reserve.

August 1, 2018

Volkswagen Posts Profit Increase, Cautions Against ‘Protectionism’

FRANKFURT, Germany — Volkswagen said its earnings rose in the second quarter on record sales and fatter profit margins but warned that “growing protectionism†is a threat to the globally connected car industry.

August 1, 2018

ADP Survey: US Companies Add 219,000 Jobs in July

WASHINGTON — U.S. businesses added 219,000 jobs in July, a private survey found, a robust total that suggests employers still are able to find the workers they need despite the low unemployment rate.

August 1, 2018

US, Mexico Close to a Deal in NAFTA Car Talks, Sources Say

The United States and Mexico are in the final stages of negotiating a deal on rules for cars sold under NAFTA, one of the biggest sticking points in discussions to overhaul the North American Free Trade Agreement, according to five people familiar with the talks.

July 31, 2018

European Economic Expansion Slows Amid Trade Fears

FRANKFURT, Germany — Europe’s economic upswing slowed further in the second quarter amid concerns over global trade disputes that have seen the world’s major powers impose new tariffs on each other.

July 31, 2018

Cummins Recalls 500,000 Trucks for Emission Control Catalyst Failures

In the most far-reaching effort of its kind, engine maker Cummins Inc. announced it will voluntarily recall 500,000 model-year 2010-15 medium- and heavy-duty trucks to replace a defective catalyst in the emissions control system.

July 31, 2018

Pay Gains for US Workers Slowed in 2Q

WASHINGTON — U.S. workers saw their wages and benefits grow more slowly in the second quarter, a sign that a tight labor market has yet to accelerate income gains.

July 31, 2018