Transportation

Trafigura assesses Red Sea risks after tanker attacked by Houthis

Commodities trader Trafigura said on Saturday it was assessing the security risks of further Red Sea voyages after firefighters put…

The 2023 U.S. economy, in a dozen charts

The state of the U.S. economy may be a chief concern among Americans, but 2023 wound up as a pretty…

From FedEx to airlines, companies are starting to lose their pricing power

After years of unbridled consumer spending on everything from home improvement to dream vacations, some companies are now finding the…

Houthi attacks rocking Red Sea trade routes likely won’t end anytime soon. Here’s what could happen next

Drone and missile attacks by Yemen-based Houthi militants have upended shipping through the Red Sea and Suez Canal, a narrow…

Bull on the tracks delays trains in New York, New Jersey

It really is a bull market out there. A wayward bull that somehow got loose on New Jersey train tracks…

‘You can’t just make your own rules’: Tesla faces Scandi revolt as Danes join Swedish strike

Tesla faces a growing revolt in Scandinavia after Danish dockworkers joined a sympathy strike with Swedish mechanics, heaping pressure on…

Toyota financing arm fined $60 million by consumer watchdog for car loan scam

WASHINGTON — The U.S. financing arm for Toyota was fined $60 million Monday by a federal consumer regulator for preventing car buyers…

Biden’s visit to UAW picket line not influenced by Trump’s, White House says

WASHINGTON — President Joe Biden’s decision to join striking United Auto Workers in Detroit, Michigan, on Tuesday was not influenced…

Biden says record profits should ensure record contracts as UAW strikes Ford, GM and Stellantis plants

WASHINGTON — President Joe Biden said Friday that workers should be fairly compensated as auto companies make record profits, after the…

Looming UAW strike puts ‘Union Joe’ Biden in a tough position

WASHINGTON — President Joe Biden finds himself in a tough spot between his “Union Joe” persona and his aggressive climate goals…