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US Imposes More Sanctions on Iranian Oil Trade

The U.S. on Feb. 24 imposed sanctions on dozens of people and oil tankers across China, the United Arab Emirates, India and other jurisdictions for allegedly helping to finance Iran.

February 24, 2025

Trump Proposes New Ship Fees to Challenge China

The Trump administration is proposing fees on the use of China’s commercial ships it says could help counter the country’s maritime dominance.

February 24, 2025

Ohio Funds Academic-Supply Chain Effort to Fill Future Jobs

Funds to improve Ohio’s supply chain and logistics industry were included in $5.1 million in grants that Gov. Mike DeWine recently awarded.

February 24, 2025

NYC’s Congestion Pricing Pulls In $48.6M in First Month

New York City’s new toll on motorists driving into Manhattan’s busiest areas raised $48.6 million in its first month, as President Donald Trump is seeking to end the congestion pricing program.

February 24, 2025

Musk Team Lays Off NHTSA Workers Overseeing Tesla

Elon Musk’s cost-cutting team is eliminating jobs at the vehicle safety agency that oversees Tesla and has launched investigations into deadly crashes involving his company’s cars.

February 24, 2025

Bank of Canada Sees Tariffs Wiping Out Growth for Years

While Bank of Canada Governor Tiff Macklem insists there’s a limit to a monetary policy response to a tariff war, he has a clear view of the damage it could have on the Canadian economy.

February 21, 2025

IEA Might Revive Dropped Energy Scenario After US Backlash

The International Energy Agency, the west’s energy watchdog, is considering reviving one of its long-term energy demand scenarios after criticism from U.S. Republican leaders.

February 21, 2025

Trump’s Growing Focus on Tariffs Raises Odds of Trade War

President Donald Trump is focusing on the revenue his tariffs would generate as he seeks to get tax cuts through Congress, pointing to an ominous path for countries trying to avoid a trade war.

February 21, 2025

Stellantis Pauses Jeep Compass, Ontario Plant Operations

The Brampton plant, which employed about 3,000 workers, is currently being retooled to build electric and and gas-powered vehicles for the Jeep brands.

February 20, 2025