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Powell Opens Door to September Rate Cut at Jackson Hole

Following Powell’s remarks investors boosted bets that the Federal Open Market Committee would cut rates at their Sept. 16-17 meeting.

August 22, 2025

FMCSA Extends Waiver on Electronic Medical Certifications

The Aug. 21 extension offers a reprieve to drivers in the 12 states that missed a June deadline for transition to electronic medical certifications.

August 22, 2025

Trump EPA Waives Refiners From Biofuel-Blending Mandate

The decision applies to 38 small refineries that had requested waivers from annual blending quotas, according to a statement Aug. 22.

August 22, 2025

Canada to Drop Many Retaliatory Tariffs to Appease Trump

But the government is likely to keep 25% import taxes on U.S. steel and aluminum products, as well as its tariffs on U.S. automobiles.

August 22, 2025

Mail Services Globally Pause US Deliveries Over Tariffs

As of Aug. 29, President Donald Trump is ending the de minimis exemption that has applied to more than 4 million parcels flowing through the U.S. each day, driven largely by e-commerce.

August 22, 2025

US Freezes Work Visas for Commercial Truck Drivers

Effective immediately, the Trump administration is blocking foreign drivers from obtaining visas to drive commercial trucks on U.S. roads.

August 21, 2025

Trump, Carney Hold First Call Since Tariff Escalation

The two leaders talked about “trade challenges, opportunities, and shared priorities in a new economic and security relationship between Canada and the U.S.,” according to a statement.

August 21, 2025

Corn and Soy Futures Gain on Strong Export Demand

The U.S. shipped 2.8 million tons of corn in the week ended Aug. 14, double the amount a year ago and topping the most optimistic forecast from analysts compiled by Bloomberg.

August 21, 2025

Retailers Brace for Tariff-Driven Price Hikes Ahead

Retailers are expressing optimism about the resilience of U.S. consumers, a sentiment that could soon be put to the test as tariff-fueled price hikes increasingly show up on shelves.

August 21, 2025

‘Thermonuclear’ Verdicts on the Rise, Report Finds

A study from Marathon Strategies found that the trucking and automotive industries faced a combined 15 multimillion-dollar verdicts last year totaling jury awards of more than $1.4 billion.

August 21, 2025