DETROIT Hours after being sworn in as the new Secretary of Transportation, Sean Duffy took aim at the main way the federal government regulates miles per gallon for cars and pickup trucks.
January 30, 2025Government, Business, Technology, Equipment, Fuel
Changes Coming for Car and Pickup Fuel Efficiency
Government, Business
Economy Grows Solid 2.3% From October to December
WASHINGTON The American economy ended 2024 on a solid note with consumer spending continuing to drive growth.
January 30, 2025Government, Business, Technology, Fuel
GOP Energy Coalition Pushes All-of-the-Above Strategy
Two of Donald Trumps former Cabinet secretaries are outlining a vision for American energy dominance that embraces all forms of power production even sources Trump has ridiculed.
January 30, 2025Government, Business, Safety, Logistics
Passenger Jet Collides With Army Copter Near D.C.-Area Airport
ARLINGTON, Va. A jet carrying 60 passengers and four crew members collided Jan. 29 with an Army helicopter carrying three soldiers around 9 p.m. EST while landing at Ronald Reagan National Airport near Washington.
January 30, 2025Government, Business, Technology, Safety, Fuel
Senate Confirms Lee Zeldin as EPA Chief in 56-42 Vote
Zeldin will help President Donald Trump fulfill his pledge to roll back major environmental regulations, including those aimed at slowing climate change and encouraging use of EVs.
January 29, 2025Government, Business, Technology, Safety
Trumps Commerce Pick Leaves CHIPS Act Direction Unclear
I cant say that I can honor something I havent read, Howard Lutnick, Trumps nominee for commerce secretary, said of the binding CHIPS Act awards in a confirmation hearing Jan. 29.
January 29, 2025Government, Business, Technology, Equipment, Safety, Fuel
Teslas Market Value Surges Despite EV Demand Concerns
The vehicle maker's shares have nearly doubled in value since the last time it reported earnings. But its car-selling business has become a sideshow to Elon Musks political prominence.
January 29, 2025Government, Business
Fed Sees Risks 'in Balance' as It Holds Rates at 4.25%-4.5%
In a statement, officials repeated that inflation remains somewhat elevated but removed a reference to it having made progress toward their 2% goal.
January 29, 2025Government, Business, Fuel, Logistics
Tariff Doubts Send Oil Prices Lower Ahead of Fed Meeting
Oil fell below $73 a barrel after President Donald Trumps pick for commerce secretary suggested tariffs on Canada and Mexico are not a done deal.
January 29, 2025Government, Business, Technology, Equipment, Safety, TCA
Honda Recalls 295,000 Honda, Acura Vehicles
Honda said it is voluntarily recalling about 295,000 Honda and Acura vehicles to update the fuel injection electronic unit, a device that determines how much fuel enters the engine.
January 29, 2025