Retail sales rose 0.5% last month, a slowdown from a revised 0.9% in June, according to the Commerce Department’s report released Aug. 15.
August 15, 2025Search
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CK Hutchison Rules Out Ports Deal Being Completed This Year
The deal covers 43 of CK Hutchison’s ports, including two in the strategic Panama Canal.Â
August 15, 2025ATA Seeks DOT Action on Marijuana Downgrade Proposal
American Trucking Associations has asked Transportation Secretary Sean Duffy to provide clarity on a long-pending federal proposal to reclassify marijuana as a less harmful drug.
August 15, 2025Applied Materials Falls After China Troubles Weigh on Forecast
Applied Materials plunged in late trading after giving a disappointing sales and profit forecast, renewing concerns that the U.S. trade dispute with China is weighing on demand.
August 14, 2025Soybean Prices Drop as Export Sales Lag Amid China’s Absence
Soybean futures fell as concerns over sluggish demand for U.S. supplies prompted traders to take profits after a three-day winning streak.
August 14, 2025States Embrace Road Use, EV Fees to Boost Transport Revenue
Colorado and Virginia recently hiked road use fees, while Hawaii, Georgia, Rhode Island and New Jersey are raising usage fees on EVs.
August 14, 2025Crocs Invests $80M in Nevada for US E-Commerce Hub
This venture was announced without fanfare by the Nevada Governor’s Office of Economic Development within a notice about seven companies receiving $11.2 million worth of tax abatements.
August 14, 2025Producer Prices Surge in July as Tariffs Push Costs Higher
The Labor Department reported Aug. 14 that PPI rose 0.9% last month from June, the biggest jump in more than three years. Compared with a year earlier, wholesale prices rose 3.3%.
August 14, 2025Deere Falls as Struggling Farmers Delay Machinery Rebound
The world’s biggest farm machinery maker pared its full-year earnings outlook with lower grain prices curbing farmers’ spending.
August 14, 2025Tariff Confusion Drives Record Volume at Los Angeles Port
The spike in July was due to traders rushing to front-load their cargo to be able to reach U.S. stores before Trump’s import duties take effect, said Executive Director Gene Seroka.
August 14, 2025