News

Manufacturing output, which accounts for three-fourths of total industrial production, was unchanged after an upward revision to June. Mining and utility output both declined.
Retail sales rose 0.5% last month, a slowdown from a revised 0.9% in June, according to the Commerce Department’s report released Aug. 15.
Colorado and Virginia recently hiked road use fees, while Hawaii, Georgia, Rhode Island and New Jersey are lifting usage fees on EVs.
Soybean futures fell as concerns over sluggish demand for U.S. supplies prompted traders to take profits after a three-day winning streak.
Revenue is projected to decline by as much as 7% this year, so the manufacturer is paring back investments and pledged continued cost cuts.
The relationship between America’s truck makers and the California Air Resources Board forged in the Clean Truck Partnership is beginning to fray.
The U.S. lumber industry says financial support pledged by Canada to domestic forestry companies risks deepening the neighbors’ long-running trade dispute and may result in yet more import taxes.
The smallest U.S. cattle herd in decades is taking a big toll on profit at JBS NV, driving deepening losses at its largest operation.
“I hope China will quickly quadruple its soybean orders. This is also a way of substantially reducing China’s Trade Deficit with the USA,” President Trump wrote on Truth Social.
Cargill revenue declined to its lowest point in four years as the largest private company in the U.S. continues to restructure in the face of declining crop prices and a shrinking cattle herd.
Bankrupt canned fruit company Del Monte Foods won court permission to hold an auction of its assets after giving potential bidders more time to make an offer.