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, 2025Search
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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, 2025Global 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, 2025Trump’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, 2025Trump 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, 2025Senate 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, 2025Canada 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, 2025Tariff 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, 2025Export Controls Now on the Table in China Trade Talks
At the heart of the policy shift is China’s stranglehold over rare earths and its decision to restrict supply to American manufacturers reliant on the key inputs.
June 11, 2025Steel Tariff Talks Between US, Mexico Nearing Resolution
Under its current terms, the deal would allow U.S. buyers to import Mexican steel duty-free as long as they kept total shipments below a level based on historical trade volumes.
June 10, 2025