Economy Shrank 0.5% in Q1, Worse Than Estimated
Gas pump at a Costco in Thornton, Colo. (David Zalubowski/AP/File) WASHINGTON — The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump’s trade wars disrupted business, the Commerce Department reported June 26 in a downgrade from its previous estimate. First-quarter growth sank under ...more
Chassis Producers Seek Tariffs on Mexican, Asian Peers
Canada Border Services Agency is launching an investigation into container chassis imports by British Columbia-based Ocean Trailer. (Ocean Trailers) U.S.-based ...more
Nikola Wins Permission to Auction Manufacturing Facility
Employees working on a Nikola vehicle inside the now-closed manufacturing facility in Coolidge, Ariz. (Nikola Corp.) Bankrupt electric vehicle maker ...more
Tesla Erases $700 Billion ‘Trump Bump’
Elon Musk and President Donald Trump in the Oval Office on Feb. 11. (Aaron Schwartz/CNP/Bloomberg) A slide in Tesla Inc. ...more
Canadian Crude Wins Reprieve From Trump’s Tariffs
The Westridge Marine Terminal at the end point of the Trans Mountain Pipeline System in Burnaby, British Columbia. (James MacDonald/Bloomberg) ...more
Energy Chief Plans to Seek $20 Billion to Refill Oil Reserve
Energy Secretary Chris Wright at the Venture Global Plaquemines liquefied natural gas terminal in Louisiana on March 6. (Kathleen Flynn/Bloomberg) ...more
Employers Add a Solid 151,000 Jobs in February
A person waits in a line for a prospective employer at a job fair. (Lynne Sladky/AP/File) WASHINGTON — U.S. employers ...more