The U.S. trucking industry has suffered a dramatic downturn in recent months and financial analysts are worried the bad news is a presage of widespread economic trouble.
Florida Senator Rick Scott led GOP senators in introducing the Terminating Reckless and Unnecessary Checks Known to Erode Regular Shipping (TRUCKERS) Act.
In perhaps the most predictable column of the year, the Wall Street Journal this week featured a column by Walter Russell Mead declaring it's "Time to Increase Defense Spending."
Inflation is racking the US economy, and voters blame President Biden. Twice as many people think his actions are hurting the economy as helping, and nearly half think his policies will push inflation even higher, a poll shows.
The United States is likely to see greater inflation risks from record-high housing prices as demand continues to outstrip the number of newly-built homes while bottlenecks in supply chains slow construction, Federal Reserve Governor Michelle Bowman said on Monday.
A business group representing wholesalers told President Joe Biden that jobs will be lost if he follows through with requiring companies with federal contracts to have their employees vaccinated.