Transport Topics
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Tesla Inc.’s deliveries in key European markets slumped in April after booming the previous month, lending credence to CEO Elon Musk’s prediction for “lumpy” results.
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The U.S. economy accelerated its rebound from a recent soft patch as unemployment unexpectedly fell to a fresh 49-year low amid strong hiring and cooler-than-projected wage gains, suggesting the hot labor market can extend its run.
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With Washington buzzing about infrastructure, Rep. Kevin McCarthy, the top Republican in the U.S. House of Representatives, expressed support for a comprehensive package that would incorporate potential contributions from the private sector and streamline the permitting process.
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America’s merchandise trade deficit widened in March for the first time in three months as an increase in imports exceeded the rise in exports.
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