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Deere & Co. jumped to a record after earnings beat the highest of analyst estimates, even as the world’s largest farm machinery maker trimmed its profit outlook for the year.

Federal Reserve Governor Michael Barr said the economy is on solid ground, but warned tariff-related supply chain disruptions could lead to lower growth and higher inflation.

Program Aired: May 15, 2 p.m. ET Alec Matson, Sr. Manager of Transportation for Wayfair, and Mark Wallin, General Manager & SVP of Product for Phillips Connect, join TT's Michael Freeze to discuss why Wayfair choose to invest in smart trailer technology, how their day-to-day operations changed, and what steps you need to take to modernize your fleet's trailer management. 

Ford is recalling nearly 274,000 of its Expedition and Lincoln-branded Navigator SUVs due to an issue that may cause a loss of brake function while driving, increasing crash risks.

Global oil demand growth will slow during the remainder of 2025 after a robust first quarter due to “economic headwinds,” the International Energy Agency said.

Walmart’s first-quarter profit slipped and it said it must raise prices due to higher costs from tariffs implemented by President Donald Trump.

Japan’s biggest carmakers are looking at a hit of more than $19 billion from President Donald Trump’s tariffs that have left the global auto industry reeling.

Transportation Secretary Sean Duffy finalized 76 infrastructure grants among a backlog of 3,200 projects that had been approved under the Biden administration but left incomplete.

The U.S. agreed to drop its 145% tariff rate on Chinese goods by 115 percentage points to 30%, while China agreed to lower its rate on U.S. goods by the same amount to 10%.   

China is suspending a trade and investment ban against more than a dozen U.S. companies as part of the trade agreement struck by the world’s two biggest economies.