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Manufacturing output, which accounts for three-fourths of total industrial production, was unchanged after an upward revision to June. Mining and utility output both declined.
The president has repeatedly promised that levies on chips and pharmaceuticals are coming within weeks, but no formal announcements have yet been made.
Retail sales rose 0.5% last month, a slowdown from a revised 0.9% in June, according to the Commerce Department’s report released Aug. 15.
Colorado and Virginia recently hiked road use fees, while Hawaii, Georgia, Rhode Island and New Jersey are lifting usage fees on EVs.
Revenue is projected to decline by as much as 7% this year, so the manufacturer is paring back investments and pledged continued cost cuts.
The smallest U.S. cattle herd in decades is taking a big toll on profit at JBS NV, driving deepening losses at its largest operation.
"With prolonged weakness in freight demand and inflationary cost pressures, the rule’s 2027 implementation timeline threatens to intensify strain across our industry," ATA said.
Performance Food Group Co.’s board determined there was “no basis” to engage with US Foods Holding Corp. after its rival requested that it share information for a potential merger, according ...
A scarcity of diesel technicians facing career obstacles is a widening concern for a trucking industry that depends on them, according to a new American Transportation Research Institute report.
Demand for copper is poised to surge in the coming decades, driven by the rollout of electric vehicles, renewable energy projects and data centers.
Amazon’s announcement follows a series of robust earnings reports from food- and restaurant-delivery companies.
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