Tariffs Split Fed Officials on Rate-Cut Outlook
The minutes underscored how a rapidly evolving economic-policy backdrop has complicated the Fed’s policy calculus this year. (Emily Elconin/Bloomberg) The emerging divide among Federal Reserve officials over the outlook for interest rates is being driven largely by differing expectations for how tariffs might affect inflation, a record of policymakers’ most ...more
Colorado Leads 16 States Suing FHWA to Recoup $1B in EV Grants
The lawsuit claims FHWA is withholding billions of dollars in states’ NEVI funds for fiscal years 2022 through 2025. (Voltera) ...more
Bot Auto Stresses Safety at Houston Presentation
(Bot Auto) HOUSTON — Bot Auto, which plans to bring autonomous trucks to Texas highways, presented the company’s technology and ...more
Trucking Industry Awaits Trump Regulatory Shift
“It’s a very different political environment for trucking,” Lydia Vieth said. (Bilanol/Getty Images) The Environmental Protection Agency is reconsidering regulations ...more
China’s Exports to US Sink 21% as Tariffs Hit Global Trade
A cargo train moves past new cars waiting for shipment in a port in Yantai in east China's Shandong province ...more
Volvo Sells $563 Million Bond on Tariff Concerns
(Casper Hedberg/Bloomberg) Volvo Treasury AB is selling a five-year, $563 million bond on May 9, as automaker-related notes hit the ...more
Trump Floats Cutting China Tariffs to 80% to Cool Trade War
Top U.S. officials are set to meet with a high-level Chinese delegation in Switzerland. (cbarnesphotography/Getty Images) WASHINGTON — President Donald ...more