Government

House Speaker Nancy Pelosi said President Donald Trump “assured” her that they could work together on two bipartisan priorities: increasing infrastructure spending and reining in drug prices.

Two companies and a trade association representing railroad employees have petitioned the Federal Motor Carrier Safety Administration for relief from certain hours-of-service rules.

U.S. hiring was the weakest in more than a year while wage gains were the fastest of the expansion and the unemployment rate fell, a possible sign that America’s jobs engine is starting to slow down. Treasuries rose while the dollar and stock futures fell.

An industry that saw dramatic growth in the 10 years before Donald Trump became president is now concerned his administration’s trade tussle with China, and the lack of a deal with Japan, will cut future growth short.