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WASHINGTON — Consumer prices picked up last month, a sign that inflation remains a persistent challenge for the Federal Reserve and for President Joe Biden’s re-election campaign.

Continental Chief Financial Officer Katja Garcia Vila won’t extend her contract and plans to leave the auto supplier she joined nearly three decades ago.

The national average diesel price barely hung above $4 a gallon after dropping 1.8 cents to settle at $4.004, according to Energy Information Administration data released March 11.

China canceled another batch of U.S. wheat export shipments, adding to an already record number of cancellations that have weighed on Chicago futures.

NEW ORLEANS — Utility Trailer Manufacturing Co. recently advanced its partnership with refrigeration unit specialist Schmitz Cargobull.

Capitol Agenda: President Joe Biden over the weekend signed into law legislation to keep the Department of Transportation and other agencies operating through the current fiscal year.

HAMBURG, Germany — Container shipping through the Red Sea and Suez Canal has declined again in response to the conflict in the Middle East, after recovering to some extent.

Tesla is likely years away from fully ramping a new lower-cost model, which will take the company longer than Wall Street is assuming, Evercore analysts said.

Shell Plc industry veteran Steve Hill has decided to step down, the company said March 11.