Government

The U.S. economy grew at a modest 2% annual rate in the second quarter, a pace sharply lower than the 3%-plus growth rates seen over the past year. Many analysts believe growth will slow further in coming quarters as global weakness and rising trade tensions exert a toll.

Cantor Fitzgerald LP is recommending bearish trades on the U.S. transportation sector amid a deteriorating global trade landscape and worsening economic numbers.

Democratic Gov. Gavin Newsom has signed into law a bill that directs the California Air Resources Board and other state agencies to develop and implement a new smog inspection program for heavy-duty diesel on-road trucks.

U.S. farmers — reeling from trade wars, low commodity prices and bad weather — are set to be the main winners from President Donald Trump’s initial accord with Japan.

U.S. new home sales jumped 7.1% in August, as low mortgage rates pull buyers into the housing market. The Commerce Department said Sept. 25 that new homes sales increased to a seasonally adjusted annual rate of 713,000, up from a revised 666,000 in July.

Significant upgrades of freight and commuter corridors would vastly improve motorists’ quality of life and regional commerce, a panel of infrastructure experts told a congressional panel Sept. 25.

The European Union is weighing an aggressive new approach to its trade dispute with the U.S., signaling a willingness to engage in the combative tactics embraced by President Donald Trump and risking a further deterioration in transatlantic relations.

Truckers Against Trafficking, a group that educates members of the trucking industry about combating human trafficking, has formed a partnership to expand its work into Canada.

California drivers soon may pay $4 a gallon at the pump after refinery upsets pushed up the wholesale market in San Francisco to the strongest level in almost seven years.

Former Uber Technologies Inc. engineer Anthony Levandowski broke his long silence about allegations that he stole driverless vehicle technology from Alphabet Inc.’s Waymo unit to say that he didn’t do it.