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U.S. stocks briefly surpassed the all-time closing high reached before the coronavirus pandemic, propelled by surging technology shares. The dollar weakened, and Treasury yields rose to five-week highs.

Australian authorities detained at least two cargo ships for alleged labor violations related to demands from seafarers to be sent home, some of whom have spent more than a year at sea.

Public agencies at all levels of government, including the ones related to transportation, should incorporate health considerations into policy decisions, a planning expert said.

The trucking and freight economy appears to be doing better than the overall U.S. economy as fleets adjust to contend with supply chain changes caused by the COVID-19 pandemic.

Treasury Secretary Steven Mnuchin renewed a push for a more limited next-round U.S. pandemic relief package of “a little more than $1 trillion” on Aug. 12, saying that Democratic demands for spending more could be discussed down the road.

The Federal Motor Carrier Safety Administration has again extended its emergency declaration relaxing hours-of-service rules for motor carriers that are providing direct assistance in support of coronavirus-related relief efforts.

U.S. consumer prices rose in July by more than expected on a jump in auto and apparel costs, though inflation remained broadly muted as the pandemic suppressed demand.

Occidental Petroleum Corp. will have just a single oil rig in the Permian Basin in the second half of the year, illustrating the scale of the shale industry’s pullback and the company’s debt woes.

Hertz Global Holdings Inc. is seeking debtor-in-possession financing more than two months after filing for Chapter 11 protection, reflecting the reality that it still faces trouble ahead if travel doesn’t bounce back.

Two days after President Donald Trump moved to implement scaled-down coronavirus relief without congressional approval, there’s no indication the tactic will get Republicans and Democrats back to the negotiating table for a comprehensive stimulus.