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INDUSTRY

East Coast Port Strikes Trigger a Supply Chain Crisis: 5 Key Takeaways

NEW YORK, New York — As of Oct. 1, the East and Gulf coasts of the U.S. have been grappling with the most significant port strike in nearly 50 years. The strikes have disrupted trade at 36 key ports, including those in New York, New Jersey, Virginia, and Texas. Nearly

SpaceX Makes First Private Spacewalk in Polaris Dawn Mission

US Steel CEO Warns of Job Cuts, Plant Closures Should Nippon Acquisition Fail

HP to Receive $50 Million for Oregon Semiconductor Facility

Musk’s SpaceX Testing Breakthrough Tech in High-stakes Private Spacewalk Trial

SpaceX will attempt the first ever private spacewalk next week, which will be a test of trailblazing equipment, including slim spacesuits and a cabin with no airlock. That will be

America Bets Big on Nuclear as Coal Plants Wind Down

According to the United States Department of Energy (DoE), the country is on track to shutter nearly one-third of its coal plants by 2035 despite demands on the nation’s grids

Quantum Entanglement: Scientists Don’t Understand It, But That Hasn’t Stopped Them From Using It

Poland Closer to Buying US Apache Attack Helicopters

US National Debt Surpasses $35 Trillion, Servicing it Now Second-largest Budget Item

Oil Drops to Two-Month Low as China Concerns Weigh In

Global Tech Outage Disrupts Industries and Travel Worldwide

Federal Reserve Somewhat Confident Inflation Is Returning to Normal Levels, Interest Rate Cut May Be on the Horizon

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Beijing’s Top Officials to Address Economic Crises at China’s Third Plenum: What’s at Stake

Xi Jinping and other high-ranking officials from the Chinese Communist Party (CCP) are gathering this...

Freight Importers Struggling as Container Shipping Rates Return to $10,000

The cost of shipping a standard 40-foot container from Shanghai to New York has ballooned to nearly $10,000...

Southern US Primed for Real Estate Crisis, Expert Warns

On June 8, Nick Gerli, founder and CEO of Reventure Consulting, warned that several southern U.S. states...

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Proposed Regulations Capping Overdraft and Late Fees Will Drive Up Costs for Customers, JPMorgan Says

Recently, Marianne Lake, the head of Chase Bank — a division of JPMorgan Chase & Co. — notified 86...

Tech Boom Leads Global Markets in First Semester of 2024

The first half of 2024 has been another whirlwind in world markets. Forecasts for a global interest-rate-cutting...

EU Antitrust Charges Apple for Breaching Tech Rules, Another Probe Coming

On Monday, June 24, European Union antitrust regulators alleged that Apple breached the bloc's rules...

America ‘On Schedule’ for 2026 Moon Landing, NASA Head Says Following Chinese Chang’e-6 Mission

The Chinese moon program completed a groundbreaking mission on Tuesday (June 26), with its Chang’e-6...

US Justice Department Tasked With Determining Whether or Not to Criminally Charge Boeing

After an intense and at times emotionally charged Senate committee hearing on June 18, where Boeing CEO...

EU Follows US Lead by Slapping Tariffs on Chinese EVs, Sparking Retaliation Threats

On June 12, the European Union (EU) announced that it would impose hefty tariffs on Chinese electric...

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