Araghchi Says Iran Is Ready To Face US Ground Troops and Doesn’t Seek a Ceasefire

Half-Way Into Fiscal 2026, US Budget Deficit Is 11% Lower Than 2025, But It's About To Get Much Worse While not as dire as previous years, the US budget deficit remains a ticking time bomb. There was some good news and some not so good news, when the Treasury reported the monthly revenue and outlays for the month of March.  First the good news: The US federal government reported that the March budget deficit rose $4 billion or 2% ​to $164.1 billion from $160.5 billion a year ago, and higher than the $153.3BN...

February Net Trailer Orders Down 43% As Bookings Fall 26% Preliminary February net trailer orders fell by about 10,000 units from January’s 23,300, a 43% month-over-month decline, according to TheTrucker.com. “Sequentially, a drop in net orders was expected, as the industry transitions from the strongest to the weakest order months of the annual cycle,” said Jennifer McNealy, director CV market research & publications at ACT Research. “Trailer makers now will begin to take fewer orders and start to work down the backlog that grew during the peak of order season at the...

Iran Announces First Hormuz Toll Fees Successfully Transferred To Central Bank President Trump has repeatedly said that Iran "better not" collect tolls from ships seeking to traverse the Hormuz Strait waterway, as both warring sides have initiated their own rival blockades of different sectors of the strait. Just last week, Trump had flatly rejected the possibility of Tehran imposing fees - reportedly $2 million or perhaps even more - when a reporter asked about the prospect of restrictions or tolls managed by Iran for strait passage. "Nope. No way. No. Nope," Trump...