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Optimism about a nascent recovery in the U.S. economy was dampened by increased uncertainty over the path of the coronavirus, according to a new report from the Federal Reserve.

Oil jumped to a four-month high after President Donald Trump indicated that he doesn’t want to add more sanctions against Chinese officials for now in a move to diffuse tensions with Beijing.

The U.S. economy, which had begun to improve, is now in jeopardy of stalling amid rising cases of COVID-19 infections.

The prospect of a Tesla Inc. factory in the Austin, Texas, area has moved a big step closer to reality, after Travis County commissioners on July 14 approved tax breaks the electric vehicle maker requested.

A bipartisan group of House lawmakers along with airline unions are calling for an extension of federal aid to prevent an expected wave of layoffs starting in October.

U.S. industrial production in June posted the largest monthly gain since 1959, indicating manufacturing is stirring to life after coronavirus-related shutdowns.

Legislation that would increase funding for the Federal Motor Carrier Safety Administration was approved July 14 during a hearing of the House Appropriations Committee.

The fatal crash of a cargo plane last year was caused in part by the failure of the U.S. federal government to establish a reliable system of weeding out unqualified airline pilots, investigators concluded.

Joe Biden unveiled plans July 14 to spend $2 trillion galvanizing a clean energy economy, with ambitions to spur millions of union jobs building the wind turbines, sustainable homes and electric vehicles needed to rapidly throttle U.S. greenhouse gas emissions driving climate change.

Boeing Co.’s order stockpile shrank further last month as airlines and lessors backed out of commitments for the grounded 737 Max jetliner in a market devastated by the coronavirus pandemic.