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The U.S. shipped 2.8 million tons of corn in the week ended Aug. 14, double the amount a year ago and topping the most optimistic forecast from analysts compiled by Bloomberg.

Retailers are expressing optimism about the resilience of U.S. consumers, a sentiment that could soon be put to the test as tariff-fueled price hikes increasingly show up on shelves.

A study from Marathon Strategies found that the trucking and automotive industries faced a combined 15 multimillion-dollar verdicts last year totaling jury awards of more than $1.4 billion.

The oil giant will nearly double the amount of fuel it will buy from an export plant Sempra is expanding in Texas.

Stronger demand is also fueling sustained inflationary pressures.

Delays of "several months or more" were noted in reporting crashes involving driver-assistance technology.

The joint statement advances the preliminary deal announced a month ago, by including specific benchmarks for the EU to secure tariff discounts on cars, pharmaceuticals and semiconductors.

Shipments are expected to surpass 4 million barrels a day in August and September, reaching levels not seen since the start of the year, according to some market participants.

Officials acknowledged worries over higher inflation and weaker employment, but “a majority of participants judged the upside risk to inflation as the greater of these two risks."

Officials said the expansion will help manage growth in cargo operations at JFK, where volume reached 1.67 million tons in 2024 — a 25% increase since 2019.