The Interchange

Car culture and the internet attention economy intertwine to consume hours through driving, congestion, advertising, and digital distraction, reducing time for health, family, and civic life. Mobility choices and platform incentives combine to compound time costs for individuals and cities.

Congress remains divided over how to keep the federal government open, weighing short‑term continuing resolutions against full‑year appropriations. The impasse heightens uncertainty ahead of a shutdown deadline.

FedEx restores its profit forecast while facing tariff‑driven volatility that complicates international shipping and demand. Trade policy uncertainty persists across routes and pricing, even as the company updates guidance to reflect improved expectations.

American Axle, ZF, and Forvia sell billions in high‑yield debt to raise capital. The transactions underscore active issuance among major automotive suppliers.