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Oil gained the most since October as traders weighed whether talks between the U.S. and Iran will be enough to avert conflict.

The House will resume work on the next Water Resources Development Act on Feb. 24, pushing ahead on the key infrastructure bill while Congress races to resolve a partial shutdown.

U.S. factory output increased by the most since early last year in the wake of firmer-than-expected equipment orders at the end of 2025, adding to evidence of newfound momentum for manufacturers.

“These companies game the system, ignore the law and put American families at risk, all while punishing hardworking truckers who follow the rules,” Rep. Harriet Hageman (R‑Wyo.) said.

TFI International saw earnings and revenue decline as 2025 drew to a close, but CEO Alain Bédard noted LTL segment operating ratio improvement and strong cash flow for the carrier.

National Economic Council Director Kevin Hassett said a study from the Federal Reserve Bank of New York showing U.S. companies bear most of the tariff burden “is an embarrassment.” 

There’s “enormous” interest among companies seeking to enter the Latin American producer, Energy Secretary Chris Wright said in an interview in Paris.

Nicolas Amaya will lead Kraft Heinz’s North American operations starting next week, replacing Pedro Navio, the company said in a statement

A lack of capital investment by the private sector remained a significant headwind. Murray Mullen noted that consumers struggled with inflation as basic needs became more costly.

Uber said it will focus on building the high-capacity charging hubs starting in the San Francisco Bay Area, L.A. and Dallas — markets where it plans to launch public robotaxi services.