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Updated: 2 hours 20 min ago

Deadly Screwworm Parasite Found in U.S. Threatens Cattle Herd

Thu, 06/04/2026 - 08:23
The agency is implementing quarantines, movement controls and surveillance in a 12-mile zone around the detection, and has also expedited the release of sterile flies to prevent the pest’s spread.

Five Below Raises Full-Year Guidance

Thu, 06/04/2026 - 07:59
The retailer said it will stay cautious on spending trends after tax refund-driven demand fades, while continuing to use viral products to drive store traffic.

Service Sector Activity Rises on Consumer Demand

Thu, 06/04/2026 - 07:41
The Institute for Supply Management’s services index rose to a three-month high of 54.5. Readings above 50 indicate expansion.

Oil Prices Fall on Developments in Iran War

Thu, 06/04/2026 - 07:13
Brent crude traded $2.42 lower June 4 at $95.39 per barrel, while benchmark U.S. crude oil shed $2.30 to $93.72 per barrel.

Wall Street Sees Automakers, Suppliers as AI Power Plays

Wed, 06/03/2026 - 16:00
Investors betting that more old-world auto companies are in line to benefit from the boom in AI got another stamp of approval from Wall Street.

Trade Judge Replies to Trump Appeal, Calls Filings 'Colorful'

Wed, 06/03/2026 - 15:45
A judge took the unusual step of personally responding to the Trump administration’s appeal of his order to refund $166 billion in tariffs.

Senators Push Repeal of Federal Excise Tax

Wed, 06/03/2026 - 14:20
Senior senators recently unveiled bipartisan legislation designed to repeal a World War I-era federal excise tax on new heavy-duty trucks, tractors and trailers.

CBP’s ‘Operation Checkmate’ Nets 36 Undocumented Truckers

Wed, 06/03/2026 - 13:42
Of the undocumented truckers arrested during the operation, 30 are from India and six are foreign nationals from El Salvador, Mexico and Russia.

Q&A: EMA’s Jacqueline Gelb Talks Legislation, Regulation

Wed, 06/03/2026 - 13:18
A longtime advocate in Washington for trucking stakeholders, Gelb replaced Jed Mandel, who ended a quarter of a century as EMA president in September 2025.

Walmart CEO Points to High Fuel Prices as ‘Stress Point’

Wed, 06/03/2026 - 12:24
CEO John Furner said that low-income consumers are experiencing greater pressure on high gas prices. “That’s really the stress point, is the price of fuel,” he said.

Gasoline Could Face Supply Crunch, Oil Trader Vitol Warns

Wed, 06/03/2026 - 11:40
With oil refiners skewing their output toward diesel and jet fuel, they inevitably produce less of other petroleum products, including gasoline.

U.S. Takes Quiet Approach to Unblock Strait of Hormuz

Wed, 06/03/2026 - 10:47
Rather than announcing an open challenge against Iran, the U.S. is quietly coordinating with shippers willing to take a different approach.

Uber Cuts 23% of People Division as New President Takes Over

Wed, 06/03/2026 - 10:14
The changes come three weeks after Jill Hazelbaker was promoted to the expanded role of president and chief corporate affairs officer.

Canada Calls for USMCA to Be Renewed for 16 Years

Wed, 06/03/2026 - 09:27
The letters come ahead of the scheduled July review of USMCA, which can either be subject to annual reviews going forward, or renewed for 16 years.

Iran Didn’t Get Any Crude Oil Past U.S. Blockade in May

Wed, 06/03/2026 - 08:50
Iran’s oil exports were sharply curtailed in May as a U.S. Navy blockade prevented any crude shipments, leaving about 80 million barrels stranded offshore, a nonprofit reported.

Prolonged Oil Disruption Would Slam World Economy, OECD Says

Wed, 06/03/2026 - 08:21
Under the OECD's prolonged disruption scenario, global growth slows from 3.4% last year to 2.1% this year and 1.8% in 2027, potentially pushing some economies into recession.

U.S. Plans Extra Tariffs of 10% on Most Trading Partners

Wed, 06/03/2026 - 07:42
The report by the U.S. Trade Representative said Canada, Mexico, Taiwan, the U.K. and some other countries would face 10% additional tariffs for allegedly failing to enforce a forced labor import ban.

Oil Prices Leap as U.S. and Iran Trade Attacks

Wed, 06/03/2026 - 07:21
Following a two-week retreat, oil prices have climbed 10% this week. Brent crude oil, the international standard, climbed $2.22 to $98.22 per barrel on June 3.

QXO Junk-Bond Sale Draws Over $10 Billion in Orders

Tue, 06/02/2026 - 16:45
QXO's $3 billion junk-bond offering to fund its purchase of rival TopBuild has received more than triple the amount in demand from investors.

WWEX Group and Auctane Merge to Create ShipStation Global

Tue, 06/02/2026 - 16:22
WWEX Group and technology company Auctane announced the completion of their merger into ShipStation Global on June 1.

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