“The top-down macro evidence seems clear: Americans are mostly paying for the tariffs,” George Saravelos, global head of FX research at Deutsche Bank.
July 22, 2025Search
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Pure Lithium Shifts Battery Production to Chicago
Pure Lithium will move its operations from Boston to Chicago and invest $46 million to launch manufacturing of lithium metal batteries in Illinois, state officials announced July 10.
July 22, 2025Joby Targets 2026 US Air Taxi Launch
Air taxi startup Joby Aviation expects to have five aircraft in one of the final phases of certification next year as it aims to start commercial flights in early 2026, according to its CEO.
July 21, 2025Tesla to Fight California’s Claim It Overhypes Autopilot
Tesla is facing off with the California DMV over claims that the company has exaggerated the capabilities of its Autopilot and Full Self-Driving technology and misled consumers.
July 21, 2025Stellantis Takes Surprise $2.7B Loss as Trump Shakes Market
Stellantis on July 21 announced a surprise $2.7 billion first-half net loss, while analysts had expected a small profit. The maker of Jeeps is tallying the costs of trade wars.
July 21, 2025Trump Adds Tariffs on Industries for Aug. 1 Double Whammy
President Donald Trump is readying plans for industry-specific tariffs to kick in alongside his country-by-country duties on Aug. 1.
July 18, 2025Tesla Settles Over Autopilot Crash With Truck Crossing Highway
Tesla settled a lawsuit over a driver’s death in 2019 when the Autopilot system in his Model 3 allegedly failed to avoid a collision with a tractor-trailer crossing a Florida highway.
July 17, 2025FMCSA Nominee Barrs Touts Workforce, Supply Chain
Derek Barrs, a former Florida Highway Patrol chief with more than three decades in public safety, is recognized as an authority on commercial vehicle safety.
July 17, 2025Truck Parking, Multimodal Projects Among $488M in DOT Grants
Sean Duffy's announcement noted 77% of the funds were allocated to roads and bridges “to reinforce the arteries of the American economy” while $35 million went to port improvements.
July 17, 2025Trump’s NHTSA Pick Promises Rapid Self-Driving Deployment
President Donald Trump’s choice to lead the nation’s top car safety regulator pledged to prioritize safety while at the same time making it easier for automakers to deploy self-driving cars.
July 16, 2025