A separate report that combines inflation figures with wage data showed that real average hourly earnings fell 0.7%, the biggest drop in three-plus years.

GM is pushing into stationary electricity storage through a partnership with startup Peak Energy Technologies, tapping into a growing market fueled by AI demand.

Self-driving trucks are set to start driving in the U.S. in the coming months, with more than 300 autonomous rigs on highways by the end of 2027, the company said.

Brent crude, the international standard, gained 0.4% to $91.78 per barrel. Benchmark U.S. crude was 0.1% higher at $88.31 per barrel.

Packaged food company JM Smucker Co. said it planned to lower coffee prices next year as costs comes down.

Starbucks CEO Brian Niccol said the coffee chain has the potential to add at least 5,000 more stores in the U.S., echoing comments from earlier this year.

Truck and bus makers built 14,543 heavy-duty vehicles in Mexico in May, an 18.2% jump from April, according to the National Institute of Statistics and Geography.

ACT Research preliminary data showed orders increased 103% year over year, while FTR Transportation Intelligence reported an even larger 124% gain.

Growing evidence of so-called dark transits suggest that more vessels are moving through the Strait of Hormuz than visible tracking data indicates.

The issue stems from potential overheating in wiring for the electric hydraulic power steering pump in certain Jeep Wrangler and Gladiator vehicles, according to NHTSA.

The gap in goods and services trade shrank 1.2% in April from the prior month to $55.9 billion, Commerce Department data showed June 9.

The June 12 event with representatives from both countries will mark the completion of the Gordie Howe International Bridge over the Detroit River. The bridge will open for traffic on June 15. 

From July 1, Gordon Birrell will be executive vice president of upstream, while Richard Harding will take on the same role — in an interim basis — for downstream.

A U.S. Customs and Border Protection agency official is set to testify in federal court about the government's plans for refunding billions of dollars that importers paid before the Supreme Court struck down Trump's tariffs.

The International Air Transport Association released a report on June 7 saying it now expects airlines worldwide to earn a combined $23 billion in net profit in 2026, down from $45 billion in 2025.

Oil prices fell back from gains on June 8. The price for a barrel of Brent crude oil, the international standard, fell $1.25 to $93 per barrel.

Two longtime Hub Group executives exited their leadership roles as the firm works to rectify accounting errors that will see it refile a series of earnings.

Amazon sold C$14 billion in high-grade bonds, the largest corporate debt offering on record in the currency, after drawing about twice that amount in demand. 

Bankrupt auto parts maker First Brands can seek creditor approval for a revised bankruptcy payout plan as a judge weighs whether to shift the case to Chapter 7.

Chairwoman Shelley Moore Capito said the panel is crafting legislation aimed at improving safety and reliability across the nation’s transportation network.