Global fertilizer exports through the Strait of Hormuz have rebounded significantly following an interim U.S.-Iran peace agreement, easing supply chain disruptions that had threatened food inflation. At least 16 vessels carrying crop nutrients have exited the strait since the deal,…
Slate Auto, the electric-vehicle startup backed by Jeff Bezos, has thrown down the gauntlet in the pickup segment with the launch of a subcompact all-electric truck priced at $24,950. Unveiled at a Los Angeles event on June 24, 2026, the…
Slate, a Jeff Bezos-backed startup, has announced the pricing for its electric pickup and SUVs. The electric pickup starts at $24,950 before fees and taxes, with a projected range of 205 miles on the standard battery. The company is taking…
FedEx Corp. posted adjusted fourth-quarter earnings of $6.31 per share on June 23, 2026, beating Wall Street’s forecast of $5.97 per share. Despite the profit beat, the company’s shares fell 5.4% after its profit margin of 8.4% missed expectations. FedEx…
A fresh-faced American automaker is gunning for the budget pickup segment with a trio of no-frills trucks and SUVs that blend Japanese Kei-car DNA with Texas-built grit. REO Industries—named after a defunct 1905 brand resurrected by Texas realtor Zach De…
South Korean tire manufacturer Nexen Tire has completed a major expansion of its automated finished-goods warehouse at its Zatec, Czech Republic plant, increasing storage capacity by 57% to support faster regional deliveries across Europe. The new facility, built with a…
Ford’s SUV lineup has become a go-to for used-car shoppers in the U.S., with several models ranking among the most popular choices in the first quarter of 2026. According to Experian’s Q1 2026 Automotive Consumer Trends & Analysis Report, Ford…
Chinese automakers have been expanding their global market share in recent years due to their competitive pricing and advanced tech features. However, some countries, including the US, have imposed legal barriers to prevent them from entering certain markets. As a…
Amazon’s four-day Prime Day sale is set to begin on June 23, with U.S. online spending expected to reach a record $26.3 billion, up 9% from last year. The event is significant as inflation and higher gas prices drive deal-seeking,…
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…