A measure of underlying U.S. producer prices rose at the slowest pace in more than a year, signaling inflation pressures remain muted and potentially reinforcing calls for the Federal Reserve to cut interest rates.
Category: News
Corn, Wheat Spike After US Cuts Forecasts on Midwest Flooding
Corn’s waning rally snapped back to life after the U.S. government predicted a deluge in the country’s grain belt will harm supply more than analysts expected.
Saving the Planet With Electric Vehicles Means Strangling This Desert
Mining for lithium for electric vehicles is having an irreversible impact on the Atacama desert in Chile.
Audi Recalls First Electric SUV in US on Battery Fire Risk
Volkswagen AG’s luxury brand Audi is recalling its first all-electric vehicle sold in the U.S. due to a potential risk of a battery fire.
OMB to Review Hair Drug-Testing Proposal
ROCKVILLE, Md. — A hair drug-testing proposed rule has been sent to the White House Office of Management and Budget for review, a top official with the U.S. Substance Abuse and Mental Health Services Administration said at a meeting June 11.
What to Watch for at Tesla’s Annual Shareholders Meeting
Tesla Inc. investors will be more anxious than usual to get an update from CEO Elon Musk on June 11 at the company’s annual meeting.
ATA’s Chris Spear: New Fuel Tax Remains Most Viable Way to Fund Infrastructure
INDIANAPOLIS — A day before he was to go to Congress to testify about new highway funding, American Trucking Associations President Chris Spear spoke of his hope that President Donald Trump would push harder for a new $2 trillion infrastructure bill.
House Transportation Authorizers Dive Into Trucking Policy June 12
Trucking policy will have its moment in the spotlight. The House subcommittee on Highways and Transit on June 12 will review the full spectrum of issues within an industry responsible for transporting a significant portion of the country’s freight. Here’s your Capitol Agenda look ahead to the week for trucking on Capitol Hill.
Indiana Sen. Mike Braun Envisions Infrastructure Plan Bigger Than Trump’s
INDIANAPOLIS — The nation needs an even larger infrastructure bill than the one proposed by President Donald Trump, an Indiana senator told an audience at the National Accounting and Finance Council’s 2019 annual conference.
NAFC Panels: Data Is Used to Cut Repair Costs, Improve Policy
INDIANAPOLIS — Why does an average truckload fleet’s trucks go 8,400 miles before a breakdown but the “best-in-class” fleet goes 44,600 before one? It’s all about data.