President Trump is breathing life into a $10 billion project to alleviate congestion at the country’s busiest border crossing for trade between the U.S. and Mexico, the Wall Street Journal reported. Trump this month issued a presidential permit to Austin, Texas-based Green Corridors to build an 165-mile elevated “guideway” for self-driving shuttles to haul freight between Laredo, Texas, and Monterrey, Mexico.

Bank of Canada Gov. Tiff Macklem said Wednesday that it is possible the central bank’s preferred gauges of core inflation might be overstating how much prices are rising, the Wall Street Journal reported. Core inflation has accelerated above 3%, and central bank officials fear that firmer inflation could be stronger than they initially expected and could persist. The Bank of Canada sets rate policy to achieve and maintain 2% inflation.

Canadian home sales notched their first gain since November, rising 3.6 percent between April and May, according to the Canadian Real Estate Association (CREA), the Financial Post reported. The increase was led by sales in the Greater Toronto Area, Calgary and Ottawa, CREA said in its latest housing report. “May 2025 not only saw home sales move higher at the national level for the first time in more than six months, but prices at the national level also stopped falling,” CREA senior economist Shaun Cathcart said in a release.

Just three years ago, Bowling Green, Ky., was celebrating the largest industrial investment ever made in the city, a new sprawling electric-vehicle battery factory that would create 2,000 jobs. Today, the building is there. The jobs aren’t, according to a Wall Street Journal analysis. The Chinese-owned company behind the factory quietly stopped working on the $2 billion plant last September, according to current and former employees. Now there is just a massive metal shell of a building with no interior equipment.

A consortium led by U.S. investment firm RedBird Capital Partners has agreed to buy the publisher of Britain’s 170-year-old Daily Telegraph newspaper for about 500 million pounds ($674 million), the two sides said Friday, the Associated Press reported. Redbird said it has reached an agreement in principle to become controlling owner of the Telegraph Media Group, ending a lengthy takeover saga for the conservative-leaning newspaper.

A record share of the world’s central banks plans to accumulate more gold over the next 12 months, drawn by bullion’s performance during times of crisis and protection against inflation, Bloomberg reported. In a survey of 72 monetary authorities, 43% said they expected their gold reserves to increase, up from 29% a year earlier and the highest figure in eight years of data collected by the World Gold Council and YouGov. None anticipated a decline. Central banks have been one of the most important drivers of a long-running gold rally that has seen prices double since late-2022.

Canadian home sales notched their first gain since November, rising 3.6 percent between April and May, according to the Canadian Real Estate Association (CREA), the Financial Post reported. The increase was led by sales in the Greater Toronto Area, Calgary and Ottawa, CREA said in its latest housing report. “May 2025 not only saw home sales move higher at the national level for the first time in more than six months, but prices at the national level also stopped falling,” CREA senior economist Shaun Cathcart said in a release.