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Compared with a year ago, inflation rose 2.9% in December, up from 2.8% in November. That is the largest yearly increase since March 2024.

A downturn in government and consumer spending contributed to the slowdown in fourth-quarter growth, the government said. Consumer spending rose just 2.2%.

India formally joined a U.S.-led initiative to protect supply chains, including on critical minerals, in another sign that both sides are resetting ties after a turbulent year.

The CEO of freight rail operator CSX is focused on generating returns from improved efficiency and performance — but he’s also open to merger prospects as industry rivals consolidate.

Walgreens is laying off hundreds of employees across the country as the beleaguered pharmacy chain’s new private equity owners look to cut costs.

Transportation Secretary Sean Duffy has announced an investigation into alleged so-called chameleon carriers connected to a fatal truck-van collision in Indiana.

The typical year‑end push inflates December totals, making a sharp January drop unsurprising, though ACT Research noted this year’s decline was larger than seasonal norms.

Waymo said in a statement that it was “disappointed” by the governor’s decision. “We’re committed to bringing our service to New York and will work with the state Legislature to advance this issue.”

The increased optimism comes as Chicago soybean prices have been rising amid a revival of U.S. exports to China and greater clarity expected soon around U.S. biofuels policy in 2026.