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Hurricane Devastates Cotton Crops Just Before Harvest

Cotton growers are facing devastating losses and delays from Hurricane Helene just as harvest was beginning, marking the latest blow to profits in an already weak market.

October 1, 2024

Dockworkers Hit the Picket Lines

PHILADELPHIA — Dockworkers at ports from Maine to Texas began walking picket lines early Oct. 1 in a strike over wages and automation.

October 1, 2024

Auto Sales Likely to Pick Up as Rates Fall

Sluggish car sales are expected to pick up later this year once the U.S. presidential election is over and the Fed’s recent reversal on interest rates starts to ease financing costs.

October 1, 2024

Largest Strike in Decades Begins at East, Gulf Coast Ports

U.S. dockworkers at ports along the East and Gulf Coasts began their first major strike in decades Oct. 1 in a move that threatens to have downstream impacts on trucking.

October 1, 2024

Farmers Brace for Supply Chain Delays as Dock Strike Begins

Growers already have been struggling with declining farm incomes because of high input costs, global competition and low commodity prices.

September 30, 2024

More Interest Rate Cuts Likely, Powell Says at Forum

Jerome Powell stressed that the Fed’s current goal is to support a largely healthy economy and job market, rather than rescue a struggling economy or prevent a recession.

September 30, 2024

Cruise Penalized Over Incomplete Reports on Robotaxi Crash

The enforcement action stems from an October 2023 incident in San Francisco in which a Cruise robotaxi dragged a pedestrian about 20 feet before coming to a complete stop.

September 30, 2024

Volvo Leads 50 Firms Urging EU to Keep Combustion Engine Ban

Volvo Car and dozens of industrial manufacturers urged Brussels to stick to a plan to halt sales of new combustion engine cars starting in 2035. 

September 30, 2024

Supplies Rushed to Communities Isolated by Helene

ASHEVILLE, N.C. — A crisis unfolded in western North Carolina as officials rushed to get more water, food and other supplies to flood-stricken areas without power and cell service Sept. 30. 

September 30, 2024