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End of De Minimis Exemption Helped Sink Luxury Retailer Ssense

Ssense filed for bankruptcy protection after the end of a U.S. duty exemption for small shipments dealt a final blow to the struggling retailer.

September 15, 2025

California Oil Merger Advances as State Clears Path to Drill

The bill marks a sharp shift from years of regulatory scrutiny by the state’s lawmakers toward its oil and gas industry and decades of declining in-state crude production.

September 15, 2025

Fusion Energy Could Deliver Power in 8 Years, DOE Chief Says

Fusion energy, which powers the sun and stars, has the potential to produce abundant carbon-free electricity, but efforts to harness it have proved elusive.

September 15, 2025

Canada Deficit to Hit $50.6 Billion Amid Trade War Costs

Mark Carney’s task is to convince Canadians and opposition lawmakers that his planned spending will eventually boost the resilience and productive capacity of the economy.

September 15, 2025

Perspective: Tax Cuts Keep Supply Chain Moving

When President Donald Trump signed the Big Beautiful Bill into law on July 4, it did more than reform the nation’s tax code. It prevented the largest tax hike in American history.

September 15, 2025

China-US Strike TikTok Deal After Threat of Shutdown

President Donald Trump said in a social media post that he and Chinese President Xi Jinping would be speaking Sept. 19.

September 15, 2025

China Investigates US Semiconductors Ahead of Trade Talks

The Ministry of Commerce announced an anti-dumping probe into certain analog IC chips imported from the U.S. and an anti-discrimination probe into U.S. measures against China’s chip sector.

September 15, 2025

Musk Answers Tesla’s Pay Proposal With $1 Billion Stock Buy

The purchase amounts to a show of confidence in Tesla’s prospects after a challenging first half of the year in which vehicle deliveries slumped 13% worldwide.

September 15, 2025

Trump, Union Pacific CEO Discuss Norfolk Southern Acquisition

Union Pacific's CEO discussed the railroad’s proposed $72 billion acquisition of rival Norfolk Southern with President Donald Trump as the company seeks regulatory approval for the deal.

September 12, 2025

Washington Launches Toll Route to Ease Freight Near Ports

This toll road launch is the first mile of the four-lane state Route 509 Expressway being built by the Washington State Department of Transportation.

September 12, 2025