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Applications for U.S. state unemployment insurance edged up last week, though remained near a pandemic low, as the labor market grinds its way toward a full recovery.

The U.S. sees limited domestic oil production growth through next year despite rising oil prices and rebounding demand.

U.S. job openings rose to a fresh record high in May, underscoring persistent hiring difficulties and reflecting more vacancies in the health care, education and hospitality industries.

Hundreds of railcars have been halted by wildfires that damaged tracks in western Canada during the region’s severe heat wave, creating a bottleneck of exports and delaying imports.

A multiyear highway policy bill recently approved in the U.S. House of Representatives would fund a comprehensive truck parking initiative, and pave the way for the adoption of other freight-centric programs.

The California Transportation Commission has allocated $1.18 billion for infrastructure projects throughout the state.

Biden administration officials are “encouraged” by ongoing OPEC talks and have spoken with officials in Saudi Arabia and the United Arab Emirates in hopes of reaching an agreement to stem the rise in crude prices, White House Press Secretary Jen Psaki said.

A bipartisan group of House lawmakers on July 6 publicly endorsed President Joe Biden’s $579 billion infrastructure deal with a group of Republican and Democratic senators, giving the compromise fresh momentum at the start of a crucial month for the administration’s agenda.

A giant containership that had blocked Egypt’s Suez Canal for nearly a week earlier this year will be released on July 7 following an agreement between authorities and the vessel’s owners, the canal operator said July 4.