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GovernmentBusiness

US Inflation Ticked Higher in December

WASHINGTON 鈥 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, 2025
GovernmentBusinessFuelLogistics

Trump鈥檚 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聽 gasoline, pickup trucks, avocados and more.

January 31, 2025
BusinessPrivateTop 100

Costco 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, 2025
GovernmentBusinessLogistics

Panama鈥檚 President Rejects US Canal Negotiations

鈥淚t鈥檚 impossible, I can鈥檛 negotiate,鈥 Mulino said when asked about returning the canal to U.S. control. 鈥淭hat is done. The canal belongs to Panama.鈥

January 30, 2025
GovernmentBusinessLogistics

Trump: 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鈥檚 still considering whether to include oil from those countries as part of his import taxes.

January 30, 2025
GovernmentBusinessSafety

Federal 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, 2025
BusinessTechnologyEquipmentSafetyFuelAutonomous

Tesla Completes Wall, Roof Construction at Semi Factory

Tesla鈥檚 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, 2025
Government

House 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鈥檚 list of policy priorities.

January 30, 2025
BusinessEquipment

United Rentals Q4 Profit, Revenue Rise

The Stamford, Conn.-based company posted a 1.5% increase in Q4 net income to $689 million from $679 million. Revenue increased nearly 10%.

January 30, 2025
GovernmentBusinessSafety

Uber Alleges Fraud Scheme by NY Groups Faking Crash Injuries

Uber filed a racketeering suit against a group of law firms, doctors and pain-management clinics it claims staged fake car accidents to take advantage of New York鈥檚 no-fault insurance policies.

January 30, 2025