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Diesel Price Edges Up 1.2¢ to $3.739 a Gallon

The national average diesel price showed a modest post-holiday uptick, rising 1.2 cents a gallon to $3.739 a gallon, according to U.S. Energy Information Administration data released July 8.

July 8, 2025

Daimler Truck to Double Defense Business, Cut 5,000 Jobs

Daimler Truck said it plans to double the size of its defense business by 2030 as it seeks to profit from higher military spending globally, and will cut 5,000 jobs in Germany.

July 8, 2025

A Look at the 14 Countries That Received Trade Letters

Here's a look at the 14 countries that received letters from President Donald Trump outlining higher tariffs they’ll face if they don’t make trade deals with the U.S. by Aug. 1.

July 8, 2025

Some Sellers Sit Out Amazon Prime Day Over Tariffs

Amazon’s Prime Day is slamming into President Donald Trump’s trade war, with ever-shifting tariffs prompting some brands to sit out the sale and some shoppers hinting they plan to pull back.

July 8, 2025

Ram Pickup Trucks Back in NHTSA Probe After 7 Injuries

U.S. auto safety regulators are investigating whether earlier recalls of more than 1 million Ram pickups did enough to address a flaw that could lead to trucks rolling away unexpectedly.

July 7, 2025

Fed Sees 9% Chance Rates Fall Back to Zero

The Federal Reserve can’t assume its benchmark lending rate won’t return to zero at some point in the future, according to a group of New York Fed researchers.

July 7, 2025

Trump Sends Tariff Threat Letters to Allied Nations

The letters issued July 7 so far appeared to largely be a novel method of again punting a looming July 9 deadline for so-called “reciprocal” tariffs until at least the beginning of August.

July 7, 2025

Nissan to Sell $1 Billion Convertible Bonds for Recovery

Nissan plans to sell about $5 billion in debt to help fund CEO Ivan Espinosa’s turnaround of the ailing automaker, part of a broader financing initiative to keep operations on track.

July 7, 2025

Oregon Backs $100 Million Coos Bay Container Terminal

Oregon lawmakers on June 30 approved $100 million for a new container terminal at the Port of Coos Bay, propelling the Pacific Coast Intermodal Port from proposal to construction plan.

July 7, 2025

Diesel’s Supply Crunch Leaves Market Hungry for Barrels

U.S. stockpiles of diesel products have dropped to the lowest for the time of year since 1996, while in Europe benchmark futures are signaling a tight market.

July 7, 2025