Government

Treasury Secretary Janet Yellen said that U.S. reliance on foreign supply chains has proved a vulnerability and that the country needs to produce more critical goods domestically to protect its economic and national security.

Tesla Inc.’s Elon Musk spoke out in opposition to President Joe Biden’s signature economic package, questioning the need for legislation that would support electric car adoption due to concerns government spending is out of control.

WASHINGTON — The U.S. trade deficit narrowed to $67.1 billion in October, the lowest in six months, after hitting a record high in September.

The national average price for diesel slipped 4.6 cents to $3.674 a gallon, according to Energy Information Administration data released Dec. 6.

A tunnel project critical to the Virginia Beach region’s mobility grid is receiving a boost from the federal government.

Lucid Group Inc. disclosed it has become the latest electric vehicle maker to come under U.S. investigation following a merger with a blank-check company, sending its shares plummeting.

ExxonMobil Corp. pledged to zero out some greenhouse gas emissions in North America’s biggest oilfield by the end of the decade.

Toyota is preparing to build a $1.3 billion electric vehicle battery plant near Greensboro, N.C., that will employ at least 1,750 people, government officials said Dec. 6.

New York City employers will have to mandate COVID-19 vaccinations for their workers under new rules announced Dec. 6 by Mayor Bill de Blasio.

President Joe Biden’s multistate tour to tout a $1.2 trillion infrastructure plan is designed to boost Democrats in the midterm elections, but the slow-moving wheels of government won’t allow him to show off many new roads or bridges next year — or even in time for the 2024 presidential election.