“White-collar” jobs are on the chopping block as companies set to avoid mass layoffs
Mass layoffs can be a public relations nightmare for companies, damaging their reputation and potentially leading to boycotts or other forms of backlash.
Pakistan’s ports are bloated with frozen imports
The country’s economy is teetering on the edge of collapse, and many companies - especially those that manage the ports - have been forced to halt operations in response.
Gender pay gap has narrowed by 2 cents since 2002
In 2022, the average American woman earned approximately 82 cents for every dollar a man earned, according to Pew Research.
Big cities should be using the remote-work shift to reinvent themselves
While 41% of Americans were still working for home (with full-time or hybrid) in January, it’s safe to say that America’s biggest cities have faced a major shock to the system.
Recession or not: mixed signals are abundant
The usual economic indicators for a recession aren’t coinciding with what economists are used to… creating mass confusion.
DOE recommends that trucking companies seek government incentives to offset upfront costs for zero-emission vehicles
It’s no grand secret: the transition to green energy-operated heavy duty vehicles has a hefty price tag.
Ocean carriers can expect a $2k-3k cost increase per forty-foot container with decarbonization
CEO of Ocean Network Express (ONE) Jeremy Nixon is warning that there will be significant up-front cost associated with the transition to green fuels.
National Highway Traffic Safety Administration recalls 350k+ Teslas, but is it too little too late?
Regulators have been”slow to act” in response of publically documented and criticized defects with Tesla’s Full Self-Driving (FSD) beta software.
Amazon continues cost-cutting measures, scrapping more warehouse construction projects
Amazon President and CEO Andy Jassy shared on a. recent earnings call that the company is reducing costs in order to make their operations network a top priority.
World’s largest shipping company MSC is betting on global economy rebound
Often viewed as a barometer for global trade, Mediterranean Shipping Company is claiming that it expects the ocean container market to grow in late-2023.
Electric vehicles shouldn’t have to break your bank account
Edmunds has compiled a list of the most affordable electric vehicles on the market this year, starting at under $40,000.
American consumers are growing weary of corporations siphoning every dime they have
After several years of cash stacking up in American households due to the pandemic, the pocketbooks are now wearing thin.
Expanding same-day delivery is a priority for Amazon
It looks like less and less Americans are going to need to wait a few days for their orders of toilet paper and tea bags.
Stagnant container ships are betting on China’s economic recovery
China is a major player in global trade and a significant portion of the world's goods are manufactured there.
Emailed layoffs lack human connection and empathy for remote workers
The lack of human connection is one of the largest drawbacks for those who are working from home.
Incoming recession likely to come later in 2023 than expected
A large swatch of the country’s economists are anticipating a recession in the United States, but the date that comes to fruition is to be a little later than initially expected.
Global supply chain pressure is on a pendulum swing post-covid
Initially, the sudden surge in demand for essential goods, such as medical supplies and food, resulted in shortages and stockouts.
With federal money on the table, semiconductor industry is battling it out
The US semiconductor industry is starting to stir as the $52 billion in subsidies from the CHIPS act sits on the table.
Target’s $100 million investment will bring your packages to your front door faster than ever
If you’re a fan of the retailer, Target… well then you’re in luck.
Bad news bears for The Fed: inflation is rising as fast as it did last summer
At the fastest pace since June 2022, the Federal Reserve’s preferred inflation gauge is skyrocketing.
