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The trucking industry, working since March to replenish inventories depleted by the coronavirus, now has to grapple with holiday season demand.

The Organization of Petroleum Exporting Countries and its allies reached an agreement to ease its oil-output cuts next year more gradually than previously planned, giving a fragile market more time to absorb the extra supply.

Applications for U.S. state unemployment benefits fell by the most in almost two months, offering some hope that the gradual recovery in the job market will continue despite a spike in COVID-19 infections and renewed business restrictions.

The U.S. economic recovery remained moderate across much of the country, and showed signs of a slowdown in areas where coronavirus cases are particularly high, according to a Federal Reserve report.

Many of the nation’s ports, especially on the West Coast, are reporting long delays to unload cargo ships, and warehouses near those facilities are filled as the supply chains are overloaded with goods.

Supply chains have changed dramatically to adapt to the coronavirus, but many of those changes may outlast the pandemic.

USDOT announced Dec. 1 that it has taken regulatory measures to facilitate the safe and rapid transport of the much-anticipated COVID-19 vaccine.

U.S. manufacturing expanded at a slower pace in November, easing back from the strongest reading in two years as orders, employment and production cooled.

A bipartisan group of lawmakers in the House and Senate unveiled a $908 billion stimulus proposal Dec. 1 in an effort to break a monthslong impasse that is threatening to tip the economy back into contraction.

The Chicago City Council has voted to approve Mayor Lori Lightfoot’s 2021 budget proposal, which includes a fuel tax increase.