The United States didn’t invent the automobile, but it built the world’s largest automotive industry. Henry Ford’s assembly lines revolutionized mass production, shaping every carmaker on the planet. Without Detroit and American ingenuity, the modern automotive landscape might look entirely…
Brazil’s military has a new poster child for over-engineering: the VBTP-MR Guarani, a six-wheeled, 46,000-pound amphibious armored personnel carrier that laughs in the face of terrain most vehicles wouldn’t dare tackle. Built on an Iveco chassis and powered by a…
The debate about whether new semi trucks are better than old ones is a contentious issue in the trucking industry. While new trucks offer improved fuel economy, driver comfort, and technological connectivity, many drivers still prefer to keep their old…
The United States has lifted its blockade of the Strait of Hormuz, allowing shipping to resume after a 60-day interim peace agreement was reached with Iran. The deal, which took effect on June 18, 2026, has eased oil market tensions,…
Kroger reported on June 18, 2026, that same-store sales rose 1% excluding fuel, beating Wall Street expectations as consumers continued to prioritize groceries and essentials amid inflation and higher fuel costs. The gain reflects a shift toward budget-conscious spending, with…
The U.S. government refunded nearly $22 billion in unlawfully collected tariffs in May after courts struck down former President Donald Trump’s emergency import duties, even as many tariffs remain in force. Economists warn that average U.S. tariff rates are holding…
Global oil prices extended their decline after the United States and Iran finalized an initial agreement to end their war, with Brent crude dropping $1.19 to $78.36 per barrel on June 18, 2026. U.S. benchmark crude also fell, slipping $1.56…
U.S. gasoline prices have dropped just below $4 per gallon for the first time since March, averaging $3.999 nationally as of June 18, 2026, according to AAA. The decline follows a 15% drop in crude oil prices this month and…
Sailun Group plans to invest $1.14 billion in a major tire capacity expansion project in Egypt, which would significantly increase its production footprint in the country and support growing demand across Africa, Europe, and North America. The project, dubbed the…
America’s oldest African-American-owned business, E.E. Ward Moving & Storage Co., opened in 1881—five years before Carl Benz patented the first automobile in 1886. Founded by John T. Ward and his son William with two horses and a wagon, the company…