Federal Audit Reveals Boeing's Operational Deficiencies
A recent federal audit of Boeing revealed more than thirty deficiencies in the company's operations, triggered by an incident where an air panel blew off an Alaska Airlines plane mid-flight.
Federal Reserve Keeps Interest Rates Unchanged, Temporarily Halting Rate-Hiking Strategy
The Federal Reserve announced a pause in its rate-hiking campaign, acknowledging the need to wait for the effects to permeate the economy but indicating that more rate hikes are likely this year.
FDIC proposes increases to insured business deposit limit
The FDIC has suggested easing the current deposit insurance limit for U.S. businesses, allowing bank deposit insurance for accounts holding more than $250,000, in an effort to address the industry's instability that led to three bank failures in the last two months.
Norfolk Southern sued by Justice Dept.
After the devastating derailment in Ohio, the DOJ has decided to file a lawsuit against Norfolk Southern for violating the Clean Water Act.
The Fed warns that inflation is a battle Americans will face for quite some time
Federal Reserve Chair Jerome Powell claims that the strong job market has made The Federal Reserve’s efforts to stifle inflation difficult, even after many rounds of interest rate hikes.
Trucking owner-operators facing new challenges in 2023
Trucking fleets will likely be facing a litany of issues over the course of the year, as an aging workforce begins to take their leave and the owner-operator model faces sweeping federal regulations.
The Federal Reserve raised rates again, but there may be some solace soon
fter hiking its benchmark interest rate by three-quarters of a point for the fourth time in a row, The Federal Reserve suggested that the next time this happens, it will be more deliberate in its rate hikes instead of taking “the standard” amount.
New logistics fuel card offered to military and federal agencies
Small quantities of specialty fuel are being offered to military and federal agencies this spring via a logistics fuel card.