U.S. auto safety regulators are investigating whether earlier recalls of more than 1 million Ram pickups did enough to address a flaw that could lead to trucks rolling away unexpectedly.
July 7, 2025Search
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Fed Sees 9% Chance Rates Fall Back to Zero
The Federal Reserve can’t assume its benchmark lending rate won’t return to zero at some point in the future, according to a group of New York Fed researchers.
July 7, 2025Daimler Truck Sets $2.34 Billion Share Buyback
Daimler Truck will buy back $2.34 billion of its own shares, continuing a policy of returning cash to shareholders while managing the transition to low-emission vehicles.
July 7, 2025Trump Sends Tariff Threat Letters to Allied Nations
The letters issued July 7 so far appeared to largely be a novel method of again punting a looming July 9 deadline for so-called “reciprocal” tariffs until at least the beginning of August.
July 7, 2025Nissan to Sell $1 Billion Convertible Bonds for Recovery
Nissan plans to sell about $5 billion in debt to help fund CEO Ivan Espinosa’s turnaround of the ailing automaker, part of a broader financing initiative to keep operations on track.
July 7, 2025Oregon Backs $100 Million Coos Bay Container Terminal
Oregon lawmakers on June 30 approved $100 million for a new container terminal at the Port of Coos Bay, propelling the Pacific Coast Intermodal Port from proposal to construction plan.
July 7, 2025Diesel’s Supply Crunch Leaves Market Hungry for Barrels
U.S. stockpiles of diesel products have dropped to the lowest for the time of year since 1996, while in Europe benchmark futures are signaling a tight market.
July 7, 2025Trump Shifts Tariff Start to Aug. 1 as Deal Deadline Looms
U.S. officials signaled that trading partners will have until Aug. 1 before the tariffs kick in. Trading partners face a July 9 deadline to reach a deal.
July 7, 2025OPEC+ to Boost Oil Production by 548,000 Barrels a Day
Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in August in a move that could further reduce gas prices this year.
July 7, 2025Daimler Truck to Open Assembly Plant in Senegal
Daimler Truck plans to have trucks from various Mercedes-Benz series assembled in Senegalto supply special vehicles for defense, disaster relief and municipal tasks.
July 7, 2025