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Israel-Iran Clash Revives $100-a-Barrel Oil Fears

The barrage of headlines has revived memories of the political upheavals and price spikes of the 1970s — and yet even when oil prices have jumped, it inevitably proved short-lived.

June 13, 2025

Amazon, Walmart Consider Issuing Own Stablecoins: Report

Amazon and Walmart are among large multinational companies that have discussed issuing their own stablecoins in the U.S., the Wall Street Journal reported, citing unidentified people.

June 13, 2025

Producer Price Index Rises Less Than Forecast in May

The Labor Department reported June 12 that its producer price index rose 2.6% in May. Producer prices rose 0.1% from April to May after dropping 0.2% the month before.

June 12, 2025

Global Trade Activity Slows After Tariff-Driven Surge

The IMF is seeing signs that the rise in trade and activity to front-run President Donald Trump’s tariffs is beginning to unwind as the global economy still faces heightened uncertainty.

June 12, 2025

Trump’s China Deal Offers Reset, Not Breakthrough

After fresh negotiations in London, tariff rates remain essentially unchanged. Rare earth shipments from China are set to return to pre-April 2 conditions.

June 12, 2025

Trump OKs Freight-Only Border Bridge Between US, Mexico

The permit allows a private investment group to construct, maintain and operate a commercial elevated guideway crossing at the U.S.-Mexico border in Laredo, Texas.

June 12, 2025

Senate Makes Commercial Transportation Policy a Priority

Committees in the GOP-led Senate took aim at commercial transportation and emissions policies as they seek to finalize their response to the House-passed procedural budget package.

June 12, 2025

Canada Weighs Stronger Tariffs on Foreign Steel

“We cannot accept any form of unfair practices from different countries when it comes to our Canadian market. That’s enough,” Industry Minister Melanie Joly told reporters on June 11.

June 11, 2025

Tariff Revenue Hits Record $23 Billion in May

U.S. customs duties climbed to a record in May, helping shrink the budget deficit for the month, while doubts remain about the persistence of the inflows.

June 11, 2025