The number of shipping containers carrying U.S. imports fell for a second straight month, putting the economic indicator on course for one of the sharpest year-on-year reversals on record.
July 21, 2025Search
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Stellantis Takes Surprise $2.7B Loss as Trump Shakes Market
Stellantis on July 21 announced a surprise $2.7 billion first-half net loss, while analysts had expected a small profit. The maker of Jeeps is tallying the costs of trade wars.
July 21, 2025Trump to Terminate $327M in Massachusetts Transit Funds
The Trump administration is canceling $327 million in aid to Massachusetts that had been awarded to partially finance a nearly $2 billion rebuild of a portion of the Massachusetts Turnpike.
July 21, 2025Alcoa CEO: Tariffs Force a Pause for Canada Growth Projects
Alcoa, the storied U.S. metals producer, is feeling the pinch of President Donald Trump’s tariffs and has been forced to pause work on all its growth projects underway in Canada.
July 18, 2025Trump Adds Tariffs on Industries for Aug. 1 Double Whammy
President Donald Trump is readying plans for industry-specific tariffs to kick in alongside his country-by-country duties on Aug. 1.
July 18, 2025Port of Oakland Shipments Drop 10.1% in June
The effects of international tariffs are being felt at the Port of Oakland, which saw a 10.1% drop in overall shipping volume in June compared to the previous month.
July 18, 2025China Pledges Crackdown on Illicit Exports of Rare Earths
China’s state security agency says it is cracking down on alleged smuggling of rare earth minerals that it says threaten national security.
July 18, 2025Chevron Gets Approval for $53 Billion Acquisition of Hess
Chevron has scored a critical ruling in Paris that has given it the go-ahead for a $53 billion acquisition of Hess and access to one of the biggest oil finds of the decade.
July 18, 2025Tesla Settles Over Autopilot Crash With Truck Crossing Highway
Tesla settled a lawsuit over a driver’s death in 2019 when the Autopilot system in his Model 3 allegedly failed to avoid a collision with a tractor-trailer crossing a Florida highway.
July 17, 2025FMCSA Nominee Barrs Touts Workforce, Supply Chain
Derek Barrs, a former Florida Highway Patrol chief with more than three decades in public safety, is recognized as an authority on commercial vehicle safety.
July 17, 2025