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Federal Reserve Officials Signal Cautious Path for Rate Cuts

WASHINGTON With inflation still elevated, Federal Reserve officials expressed caution at their last meeting about cutting interest rates too quickly, adding to uncertainty about their next moves.

November 26, 2024

Citigroup: Trump Tariffs to Drive Up Aluminum, Steel Prices

President-elect Donald Trumps plan to impose 25% tariffs on all goods from Canada and Mexico will push up steel and aluminum prices across the U.S., according to Citigroup analysts.

November 26, 2024

Stellantis Might Shutter UK Van Plant Over EV Rules

Stellantis had already threatened to pull the plug on its U.K. operations, warning about the impact of what it says are the countrys too stringent EV targets.

November 26, 2024

US Consumers More Confident About Jobs, Economy

A gauge of present conditions increased to an eight-month high. The groups measure of expectations for the next six months edged to an almost three-year high.

November 26, 2024

Exxon Exec Says Oil Output Wont Surge Despite Trump Agenda

Oil and gas producers in the U.S. will not raise output significantly in the coming years despite calls from President-elect Donald Trump to drill, baby, drill, said an Exxon executive.

November 26, 2024

Weather: Winter Season Brings Additional Compliance Challenges

Fleets seeking snow removal technology must consider factors such as multi-height equipment and yard space constraints, said Debora Babin Katz, vice president of泭, a company that manufactures a large, mobile brush to remove snow from trailers.泭

November 26, 2024

Newsom, Musk Clash Over California EV Incentive Plan

Gavin Newsom is positioning California as a foil to Donald Trumps policies, laying the groundwork for resistance on everything from deportations to regulation rollbacks.

November 26, 2024

Rivians $6.6 Billion Loan Advances EV Factory Timeline

The loan would come from the U.S. Energy Departments Advanced Technology Vehicle Manufacturing program.

November 26, 2024

Diesel Price Rises 4.8瞽 to $3.539 a Gallon

The U.S. average diesel price rose 4.8 cents to $3.539 per gallon, according to data from the U.S. Energy Information Administration for the week ending Nov. 25.

November 25, 2024