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A top administration official signaled confidence that President Donald Trump’s trade plans will survive even if the sweeping global tariffs are ultimately deemed illegal.

Hub Group experienced a decline in revenue as it worked to navigate tariff-driven effects on its business in the second quarter of 2025, the company reported July 31.

Profit at Daimler Truck tumbled in the second quarter of 2025 as North American sales slumped, with little prospect of a near-term improvement if Q2 orders are anything to go by.

At an average of 15%, the world is still facing some of the steepest U.S. tariffs since the 1930s, roughly six times higher than they were a year ago.

Oil prices slumped as OPEC+ ramped up production.

When Trump signed the order late July 31 imposing new tariffs, the start date of the punishing import taxes was pushed back seven days so the tariff schedule could be updated.

The Labor Department reported Aug. 1 that revisions shaved a stunning 258,000 jobs off May and June payrolls.

Program Aired: August 28, 2 p.m. ET Tim Haynes, vice president of digital and customer data at Penske Transportation Solutions, joins Seth Clevenger for a special one-on-one conversation to explore how modern fleet benchmarking solutions and AI-powered analytics are revolutionizing fleet management planning and operations.

Amazon.com projected operating income in the current quarter that fell short of analysts’ estimates, worrying investors that the tech giant is spending too much to keep up in the AI arms race.