In their post-meeting statement, Fed policymakers on Oct. 29 repeated their assessment that “job gains have slowed” and said “risks to employment rose in recent months.”
October 29, 2025Search
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GM Slashes EV Workforce After Trump Ends Tax Breaks
The total includes 3,400 workers that were furloughed over the summer at its Factory Zero plant in Detroit, where the electric Chevrolet Silverado, GMC Sierra and Hummer EVs are made.
October 29, 2025Trump, Xi Set to Formalize Trade Truce After Months of Chaos
Initial signals indicate the leaders are readying a pact that could see a rollback of some tariffs, fees and export restrictions threatened or implemented in recent months.
October 29, 2025House Bill Seeks National English Test for Truck Drivers
Sponsored primarily by Rep. Pat Harrigan (R-N.C.), the SAFE Drivers Act is meant to guarantee commercial drivers have a proficient understanding of English.
October 29, 2025Trump Sees Tariff Truce With Mexico as Positive
Trump sidestepped the question of how long he felt extending the deadline was appropriate. He said existing tariff rates were sufficient to convince car companies to move manufacturing to the U.S.
October 29, 2025Oil Giants Join OPEC in Boosting Production as Crude Tumbles
Exxon Mobil, Chevron, Shell, BP and TotalEnergies will likely grow output 4.7% in 2026. The increases appear designed to capitalize on an expected oil price upturn in the latter half of 2026.
October 29, 2025Boston Weighs Clampdown on Robotaxis in Threat to Waymo
The autonomous cars wouldn’t be allowed to operate unless a human safety operator is inside the vehicle and able to intervene, according to the proposed ordinance.
October 29, 2025Rivian Won’t Tap US Loan Until New Plant Built, CFO Says
CFO Claire McDonough said the EV maker anticipates starting construction on the Georgia factory next year and seeking reimbursement from a Department of Energy loan once it’s completed.
October 29, 2025US, South Korea Finalize Trade Deal After Months of Talks
South Korea Policy Chief Kim Yong-beom said that Seoul would spend $150 billion on shipbuilding in the U.S. and provide $200 billion in cash under an investment pledge.
October 29, 2025China Buys First Cargoes of US Soybeans This Season
Chinese and U.S. officials reached a broad framework agreement over the weekend in Malaysia, paving the way for Chinese leader Xi Jinping and President Donald Trump to finalize a trade deal.
October 29, 2025