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OPEC+ to Boost Oil Production by 548,000 Barrels a Day

Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in August in a move that could further reduce gas prices this year.

July 7, 2025

What Killing Tax Credits Means for the EV Market

The Trump administration’s plan to scrap federal incentives for EVs will be a major speed bump for battery-powered transportation in the U.S., but not a brick wall, according to forecasts.

July 3, 2025

OPEC+ Talking About a Fourth 411,000-Barrel Hike in August

OPEC+ is discussing another 411,000 barrel-a-day production increase for August ahead of the group’s videoconference this weekend, according to delegates who asked not to be identified.

July 3, 2025

Nike Likely to Hike Prices More After Vietnam Tariff Deal

Nike will face pressure to raise prices higher than expected after the U.S. and Vietnam reportedly reached a new trade agreement that boosts tariffs, according to an analyst.

July 3, 2025

Nissan Recalls 480,000 Vehicles Due to Engine Failure Risk

Nissan is recalling more than 480,000 of its vehicles across the U.S. and Canada due to potential manufacturing defects that could cause engine failure.

July 3, 2025

Canada Exports to US Keep Falling as Tariffs Curb Shipments

Canada’s share of exports destined for the U.S. shrank to the smallest proportion since at least 1997, excluding the COVID pandemic. Shipments to other countries reached a new high.

July 3, 2025

North Carolina Truck Driver Wins $50,000 in Maryland Lottery

A truck driver played the lottery while staying overnight in Maryland between drives — and ended up winning a big prize, officials said.

July 3, 2025

Trump Aims to Shut Loopholes China Uses to Evade Tariffs

President Donald Trump’s trade deal with Vietnam targets practices China has long used to skirt U.S. tariffs: the shifting of production to Southeast Asia and the “origin washing” of exports.

July 3, 2025

Employers Added a Surprising 147,000 Jobs in June

U.S. employers added 147,000 jobs in June as the American labor market continues to show surprising resilience despite uncertainty over President Donald Trump’s economic policies. 

July 3, 2025

Truckers Caught Smuggling People, Drugs Face Lifetime CDL Bans

A U.S. government and Texas partnership has resulted in more than 1,000 truckers losing their CDLs permanently for smuggling people and drugs across the U.S. border with Mexico.

July 3, 2025