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A unit of BP was the high bidder in a U.S. auction for oil and gas drilling rights in the Gulf of Mexico, the first sale held during President Donald Trump’s second term.

The Commerce Committee recently approved nominees for leadership roles in the secretary’s office and key safety agencies, setting up confirmation votes as early as this month.

The number of federal employees who left their jobs in 2025 will total about 317,000 after efforts by Elon Musk and the Trump administration to reshape the government workforce.

The Federal Reserve reduced its key interest rate for the third time in a row Dec. 10 but signaled that it may leave rates unchanged in the coming months.

The language crackdown is part of a broader Trump administration campaign that’s upending the trucking industry, a critical pillar of the U.S. economy.

The reduction will cut the levy to 15% from a previous level of 39%, a punitive rate that was the highest slapped on any developed country.

Ambassador Kirsten Hillman said in a letter it is the right time to put in place someone who will oversee talks about the United States-Mexico-Canada Agreement that is up review in 2026.

A handful of states and cities have enacted rules requiring ride-hailing companies to rapidly electrify their fleets. Uber is pushing back, urging California regulators to delay enforcement.

A group of state trucking associations has released an action plan identifying seven areas bad actors exploit in the industry with solutions to eliminate fraud and illegal operators.

The U.S. Navy is turning to Palantir as part of its effort to speed up submarine production, in a bet that the company’s analytics capabilities can better expose supply chain problems.