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The Federal Reserve said July 26 it no longer foresees a recession and raised its key interest rate by a quarter-point from roughly 5.1% to 5.3% — its highest level since 2001.

Higher gasoline and diesel taxes hit the pumps in several states starting July 1, while new laws also took effect to raise revenue from the sale of alternative fuels.

Congress is wading into the debate over whether automakers should be allowed to sell more self-driving cars while manufacturers seek federal permission to expand testing of the technology.

Kentucky issued a temporary emergency order waiving federal hours-of-service rules and weigh station requirements through Aug. 18 for truckers assisting with storm relief efforts.

American Trucking Associations is among several industry stakeholders objecting to a NHTSA  proposal that would require side underride guards on heavy trucks.

Stakeholders are expressing concerns about the costs associated with a proposal aimed at expanding use of electric vehicles and curtailing the prevalence of internal combustion engines.

WASHINGTON — Republican congressional leaders sent a letter to Ford CEO Jim Farley claiming documents show hundreds of jobs at a planned battery plant will go to employees of a Chinese firm.

Ground will be broken July 28 on North Carolina's first car manufacturing plant. VinFast plans a $4 billion electric vehicle production and assembly plant near Moncure.

An agreement between the Teamsters and Central States Funds averts, for now, a strike that could have begun as soon as July 24 against Yellow Corp.

President Joe Biden said the U.S. must guard against threats from artificial intelligence as he detailed new company safeguards and promised government actions on the emerging technology.