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The goods and services trade gap nearly doubled from the prior month to $56.8 billion, Commerce Department data showed Jan. 29. The trade data has been prone to volatility related to trade policy.

It could be days before power is restored across the South, where more subfreezing temperatures are expected by Jan. 30 in areas unaccustomed to and ill-equipped for such cold.

A federal judge refused a request by Chinese American truckers to force the California Department of Motor Vehicles to resume issuing non-domiciled commercial driver licenses.

The rise in fuel production is being driven largely by the ramp-up of the Dos Bocas plant. The refinery operated at 77.5% of its installed capacity in December, its best performance to date.

The Federal Open Market Committee voted 10-2 Jan. 28 to hold the benchmark federal funds rate in a range of 3.5%-3.75%. The two dissenting were in favor of a quarter-point reduction.

China’s imports of canola and canola products from Canada — a trade valued at C$4.9 billion ($3.6 billion) in 2024 — had plunged last year after Beijing imposed steeps levies on the goods.

Port of Los Angeles Executive Director Gene Seroka outlined his vision for a future port, built to be bigger and smarter, during his annual state of the port address.

The Department of Energy authorized two power companies to direct data centers and other large facilities to run backup generators as a last resort to prevent rolling blackouts.

Nearly three months have elapsed since arguments in the closely watched tariffs case, and the Supreme Court isn't scheduled to meet in public for more than three weeks.

Adam Miller, CEO of Knight-Swift Transportation, applauded ongoing enforcement work by the Department of Transportation and the Federal Motor Carrier Safety Administration.