‘You’ve been a bully your entire career’: Chris Christie gets blasted by constituents while hosting a sports talk radio show

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Ford Motor Company (F) Stock Remains the Best Defensive Play

Ford is not for everyone. Analysts are not expecting big things from Ford. Most analysts are sitting in the middle on Ford, calling it a “hold.” There are eight who say buy it, and two who say “sell.” They are not expecting big things, but they are not expecting earnings to fall short of the dividend, either.

Fiat Chrysler Building Ram 1500 Diesels Again

Photo by Vince Taroc.

Fiat Chrysler has started assembling Ram 1500 pickups equipped with a diesel engine, even though the company must still resolve a dispute with regulators before it can sell the trucks, reports Automotive News.

Workers at the Warren Truck Assembly Plant told the media outlet the plant is producing less than 24 2017 Ram 1500 diesels per shift. The truck was sold as the Ram 1500 EcoDiesel until the middle of 2016.

In January, th EPA issued a Notice of Violation that accused FCA of using a defeat device to evade emissions testing. The company has been working with regulators on a potential fix.

Related: Feds Sue Fiat-Chrysler Over Diesels

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Iraqi prime minister declares ‘total victory’ in Mosul

Prime Minister Haider al-Abadi declared victory Monday evening over the Islamic State in Mosul after nearly nine months of grueling combat to drive the militants out of Iraq's second-largest city. "We ...

Economic Watch: Imports Could Hit New Record High Following Big Gains

July and August should be two of the busiest months ever seen for imports at the nation's major retail container ports, possibly setting a new record as merchants enter the back-to-school season and begin to stock up for the holiday season that will follow, according to a new forecast from the National Retail Federation, a retail trade association.

Ports covered handled 1.72 million twenty-foot equivalent units in May, the latest month for which after-the-fact numbers are available. That was up 7.3% from April and up 6.2% from May 2016. One TEU is one 20-foot-long cargo container or its equivalent.

“We're expecting retailers to import some of the largest volumes of merchandise ever,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “That's a good indicator of what could be ahead for consumer demand and retail sales, and it's a sign that retail is going strong despite what you might read in the headlines.”

June was estimated at 1.66 million TEUs, up 5.3% from the same time last year. July is forecast at 1.71 million TEUs, up 5.1% from last year; August at 1.75 million TEUs, up 2.2%; September at 1.66 million TEUs, up 4.3%; October at 1.71 million TEUs, up 2.2%, and November at 1.6 million TEUs, down 2.7% from last year.

The August figure would be the highest monthly volume recorded since NRF began tracking imports in 2000, topping the 1.73 million TEUs seen in March 2015. The 1.7 million-plus numbers seen in May, July, August and October represent four of the six busiest months in the report's history.

The first half of 2017 is expected to total 9.63 million TEUs, up 7.1% from the first half of 2016. Cargo volume for 2016 totaled 18.8 million TEU, up 3.1% from 2015, which had grown 5.4% from 2014.

NRF has forecast that ...Read the rest of this story

Costco’s food court is testing a burger that’s been called a Shake Shack ripoff — here’s everything we know about it

Costco's famous food court is testing a new menu item. The budget retailer has begun...