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Inflation accelerated last month as the cost of groceries, gas, and used cars rose, a trend that will likely underscore the Federal Reserve’s resolve to delay any further interest rate cuts.

The nation’s top transportation official during a recent industry conference appeared to offer guidance for federal policymakers to follow when planning federal highway policy updates.

It’s now unclear whether Ohio will build any more of the federally funded charging stations, as President Donald Trump’s team has directed all states to halt new spending of the money.

Wisconsin Gov. Tony Evers has awarded $100 million to the state transportation department to spend on 55 projects repairing rural roads to better move agricultural and forestry products.

“We know that reducing policy restraint too fast or too much could hinder progress on inflation,” Powell said in prepared testimony for the Senate Banking Committee.

Among the options being floated if the Trump administration moves to strike EV incentives is a three-year wind down to allow more time for the companies to adjust their businesses.

President Donald Trump said he agreed to consider a tariff exemption on Australian steel and aluminum imports after a telephone call on Feb. 11 with Australia’s prime minister.

Ford CEO Jim Farley will travel to Washington on Feb. 12 to warn Congress that the 25% tariffs President Donald Trump has proposed on Canada and Mexico would “blow a hole” in the auto industry.

Mexico will consult with the U.S. to explain why it considers the steel and aluminum tariffs ordered by President Donald Trump as “not justified,” said Economy Minister Marcelo Ebrard.

U.S. tariffs on steel and aluminum “will not go unanswered,” European Union chief Ursula von der Leyen vowed on Feb. 11, adding that they will trigger tough countermeasures.