President Donald Trump has chosen Chris Rocheleau to lead the Federal Aviation Administration on an interim basis.
January 31, 2025Search
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Exxon, Chevron Succumb to Oil-Refining Slump as Tariffs Loom
Profits for Exxon Mobil and Chevron were slammed by slumping fuel margins as the prospect of U.S. tariffs on two major oil suppliers threatens to make the refining business even worse.
January 31, 2025US Inflation Ticked Higher in December
WASHINGTON — An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated.
January 31, 2025Trump’s Potential Tariffs Are a Wild Card for US Economy
Tariffs that President Donald Trump plans to slap on imports from Canada and Mexico as soon as this weekend could drive up the price of gasoline, pickup trucks, avocados and more.
January 31, 2025Costco Raises Pay for Top Hourly Workers to Over $30 an Hour
The company will raise hourly pay for employees at the top of its pay scale over the next three years, CEO Ron Vachris wrote in a memo to staff this week that was viewed by Bloomberg News.
January 31, 2025Panama’s President Rejects US Canal Negotiations
“It’s impossible, I can’t negotiate,” Mulino said when asked about returning the canal to U.S. control. “That is done. The canal belongs to Panama.”
January 30, 2025Trump: Tariffs on Canada, Mexico Still Set to Begin Feb. 1
President Donald Trump said his 25% tariffs on Canada and Mexico are coming on Feb. 1, but he’s still considering whether to include oil from those countries as part of his import taxes.
January 30, 2025Federal Drug Officials Authorize Testing for Fentanyl
The action clears a path for the Department of Transportation and other federal agencies to begin fentanyl testing for federally regulated occupations like truck drivers.
January 30, 2025Tesla Completes Wall, Roof Construction at Semi Factory
Tesla’s previously announced production timeline for the Semi remains on schedule, with the first tractors expected to be built by the end of the year and manufacturing ramping up in 2026.
January 30, 2025House Leaders Eye Late February for Budget Blueprint
House Republican leaders recently outlined a timeline for kicking off the procedures for passing budget legislation meant to reflect President Donald Trump’s list of policy priorities.
January 30, 2025