July 22, 2026 2:05 pm, EDT A refinery in Linden, NJ (Bing Guan/Bloomberg) key takeaways: U.S. refiners boosted diesel output to 5.3 million barrels per day in July, boosting output for a record month outside the winter. The increase reflects a reduction in global supply driven by the Russia and Iran wars, strong exports and
July 22, 2026 1:22 pm, EDT President Donald Trump announced the plan at the US Army War College during the 2026 Pennsylvania Defense and Innovation Summit in Carlisle. (Tom Brenner/Bloomberg) key takeaways: President Donald Trump said some military truck drivers will soon be automatically eligible for commercial driver’s licenses. The President linked the proposal to
July 22, 2026 12:00 PM, EDT Forward’s share price jumped nearly 19% on July 21 after the MOU was revealed, rising to above $15 after falling from $18 to less than $10 on May 7–8. (Forward Air Corp.) key takeaways: Forward Air said on July 21 that it would retain at least 50% and potentially
July 22, 2026 10:21 am, EDT The Gas King made a U-turn to head north into the Red Sea toward the Suez Canal. Bab el-Mandeb is in the south. (Bloomberg) key takeaways: Houthi threats against Saudi-linked shipping in the Bab al-Mandeb strait have prompted tankers and other ships to divert, stop or reroute through the
July 22, 2026 8:25 am, EDT | Update: July 22, 2026 10:13 am, EDT (David Paul Morris/Bloomberg News) key takeaways: Oil prices have increased further following the ongoing attacks between the United States and Iran. Rising oil prices were again driving inflation, just as price rises were slowing more than economists expected. Stocks of computer
July 22, 2026 8:45 am, EDT (Gordie Howe International Bridge) key takeaways: A US-Canada ceremony scheduled for July 24 for the Gordie Howe International Bridge was canceled after President Donald Trump announced 50% tariffs on most Canadian goods. The bridge is a $4.4 billion project that is expected to become a major trade link, but
This Overland Expo Foundation 2026 Ultimate Build starts with the all-new Nissan Frontier PRO-4X. Dozens of aftermarket companies come together to create this creation. The truck will be auctioned off in October 2026 to benefit the charitable work of the Overland Expo Foundation, which helps U.S. veterans and public land maintenance
July 21, 2026 8:30 am EDT The West Point tanker arrived at the PT Pertamina facility at Tanjung Priok Port in Jakarta, Indonesia on July 3. (Dimas Ardian/Bloomberg) key takeaways: Goldman Sachs said Brent crude could exceed $120 a barrel in the fourth quarter if disruptions in the Strait of Hormuz continue, although this is
July 21, 2026 9:32 am, EDT A 2026 Chevrolet Colorado Trail Boss truck. (Graham Hughes/Bloomberg) key takeaways: General Motors raised its 2026 adjusted EBIT outlook by $500 million to $14 billion-$16 billion after second-quarter earnings and revenue topped estimates. Higher margins on larger vehicles and lower tariff costs helped offset weak U.S. sales, while GM
July 21, 2026 12:44 pm, EDT A crane moves an aluminum coil onto the floor of an aluminum manufacturing facility. (Luke Sherratt/Bloomberg) key takeaways: The Trump administration program would reduce aluminum import tariffs from 50% to about 25% for approved companies investing in U.S. plants. The move addresses a shortage of U.S. aluminum as demand