Trump’s China Deal Offers Reset, Not Breakthrough
Trump came into office promising to radically remake the U.S.-China trade relationship and force Beijing to open markets to more American goods. (Al Drago/Bloomberg) President Donald Trump is hailing the latest trade framework with China as a game-changing breakthrough. Yet the deal he touted June 11 represents little more than ...more
OPEC Raises Oil Output as Group Begins Bumper Set of Hikes
(Andrey Rudakov/Bloomberg News) OPEC raised oil production last month as the group began a series of accelerated increases spurred by ...more
Reservation System at Ports Cuts Ship Emissions by Up to 24%
Shipping containers at the Port of Long Beach. (Bing Guan/Bloomberg) During the pandemic, as many as 100 giant containerships would ...more
Diesel Price Down 3.6¢ to $3.451 a Gallon
The national average price for a gallon of diesel has tumbled 18,.8 cents a gallon since April 7. (alacatr/Getty Images) ...more
Trucks in China Make Switch From Diesel to Electric
Chargers for EVs in Taiyuan, Shanxi province, China. Taiyuan became the first city to replace its entire fleet of taxis ...more
Joby Considers Air Taxi Deal Worth Up to $1 Billion
A Joby Aviation electric vertical takeoff and landing aircraft. (David Paul Morris/Bloomberg) Joby Aviation Inc. is working toward an agreement ...more
Trump Trade War to Hobble US Growth, OECD Says
Shipping containers are ready for transport at the Guangzhou Port in the Nansha district in southern China's Guangdong province. (Ng ...more