Key Inflation Gauge Rises as Americans Cut Back on Spending
(Julie Jacobson/Associated Press) WASHINGTON — A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans cut back on their spending. Prices rose 2.3% in May compared with a year ago, up from just 2.1% in April, the Commerce Department said June ...more
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 ...more
Uber May Fund Kalanick’s Bid to Buy Pony AI’s US Arm
Uber has already partnered with Pony to launch commercial robotaxi services outside the U.S., starting in the Middle East. (Pony ...more
Canada Faces Steel Job Cuts as US Tariff Pressure Mounts
Carney introduced a new tariff-rate quota last week to limit imports of steel and said it may adjust tariffs on ...more
Mack, International Buy Environmental Credits From Nikola
Nikola's Tre hydrogen fuel cell electric truck and the Mack Class 8 Anthem. Mack won the lion’s share of the ...more
Truck Tonnage Ticks Down 0.1% Sequentially in May
ATA Chief Economist Bob Costello said construction is soft, manufacturing has been volatile, and consumers are being cautious, resulting in ...more
CVSA Brake Inspection Blitz Takes Out Nearly 10% of CMVs
Inspectors identified 237 (59.5%) CMVs that met the 20% defective brakes criterion. That is when 20% or more of the ...more