TECH
Europe, which has imposed tariffs of up to 45 percent on Chinese electric vehicles, fears Beijing is rapidly shifting parts of its EV manufacturing supply chain to nearby Morocco in an effort to bypass those duties and gain easier access to the European market. EU Trade Commissioner Maroš Šefčovič has
Global Tech Outage Disrupts Industries and Travel Worldwide
On Friday, July 19, a worldwide tech outage struck industries from travel to finance. Services...
Sellers Left Struggling to Make Ends Meet in China’s E-Commerce Price War
Chinese e-commerce vendors are struggling to survive with slowing sales growth and rising price pressures...
Federal Reserve Somewhat Confident Inflation Is Returning to Normal Levels, Interest Rate Cut May Be
According to recent comments by Federal Reserve chair Jerome Powell, key U.S. inflation readings measured...
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...
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...
Amazon Sidesteps Carbon Offset Standard That Its Founder Bezos Helped Fund
Amazon has become the first company to sidestep a global standard for verifying carbon offsets. That...
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...