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Auto Parts Supplier Marelli Blames Tariffs for Bankruptcy

Marelli Holdings filed bankruptcy in the U.S., saying its latest debt-cutting effort was prompted by tariffs.

June 11, 2025

Trump Tariffs Can Stay in Effect Longer, Appeals Court Says

President Donald Trump can continue to enforce his global tariffs for now, a federal appeals court held in a win for the president on one of his signature economic policies.

June 11, 2025

Inflation Up Slightly in May as Grocery Prices Ticked Higher

U.S. inflation picked up a bit last month as food costs rose, though overall inflation remained mostly tame. Consumer prices increased 2.4% in May compared with a year ago.

June 11, 2025

GM to Invest $4B to Shift Some Production From Mexico to US

GM announced plans to invest $4 billion to shift some production from Mexico to U.S. manufacturing plants as the automaker navigates tariffs that could drive prices higher.

June 11, 2025

Autonomous Truck Firm Plus to Go Public Via Churchill SPAC

Teaming up with the SPAC controlled by former investment banker Michael Klein will put a valuation of $1.2 billion on Plus. The combined entity will be known as PlusAI.

June 11, 2025

Musk Moves Tesla’s Robotaxi Launch ‘Tentatively’ to June 22

Elon Musk says Tesla is “tentatively†set to begin providing robotaxi service in Austin, Texas, on June 22.

June 11, 2025

Trump: US Gets Rare Earth Minerals From China in 'Done' Deal

President Donald Trump announced June 11 that the United States will get magnets and rare earth minerals from China under a new trade deal and that tariffs on Chinese goods will go to 55%.

June 11, 2025

Steel Tariff Talks Between US, Mexico Nearing Resolution

Under its current terms, the deal would allow U.S. buyers to import Mexican steel duty-free as long as they kept total shipments below a level based on historical trade volumes.

June 10, 2025

FMCSA Seeks Input to Revamp Consumer Complaint Database

FMCSA  is seeking public input about its planned revision to the National Consumer Complaint Database that handles complaints against unsafe and unscrupulous companies.

June 10, 2025