THE PORT OF VIRGINIA – Recent terror attacks on shipping in the Middle East are sparking major geopolitical and economic implications for world trade, which could lead to supply chain disruptions and higher prices.
There is much talk on the campaign trail from the two leading candidates about imposing tariffs on imported goods. Former President Trump wants to impose a 10% tax on all imports. President Biden’s administration is considering imposing tariffs selectively, the so-called “small yard, high fence” approach. The impact of a tariff is not fully predictable and does not follow a straight line. While it may give a small boost to the country imposing tariffs in the short term in a variety of ways, it could have unintended consequences in the long run.
NPR's Steve Inskeep talks to Robert Handfield, professor of operations and supply chain management at North Carolina State University, about the bottle neck the reduction in traffic is causing.
With the new year, three upper respiratory viruses have begun to spread among Americans. COVID-19, seasonal influenza and respiratory syncytial virus, or RSV, have all been infecting people and making them sick.
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On Jan. 21, OpenAI launched the $500 billion Stargate Project with partners like Arm, Microsoft, NVIDIA, and Oracle. This initiative aimed to secure American AI leadership, create jobs, and boost the economy. Initially, this boosted the stock prices of these companies.
The telecom industry is at a pivotal crossroads, and the only choice forward for telcos is to pursue innovation without the fear of failure. Telcos must be willing to capitalize on emerging technologies and shifting market dynamics that will soon dominate the future telecom landscape. Three areas, in particular, telcos should begin investing in and exploring (if they haven’t already) include:
Health insurance has become necessary, with large and unpredictable health care costs always looming before each of us. Unfortunately, the majority of people have experienced problems when using their health insurance to pay for their medical care. Health insurance serves as the buffer between patients and the medical care system, using population pooling to mitigate the risk exposure on any one individual.
Tariffs could raise the cost of medical care and prescription drugs for people in the U.S.
President Donald Trump on Monday fired another volley in his ongoing trade war, announcing 25% tariffs on steel and aluminum imports and canceling exemptions and duty-free quotas for major suppliers.
A groundbreaking new study in the INFORMS journal Transportation Science reveals the severe and far-reaching consequences of Russia’s full-scale invasion of Ukraine on global food security. The research highlights an urgent need to address disruptions in the transportation of Ukrainian grains, which have caused dramatic price spikes and worsened food insecurity worldwide, particularly in vulnerable regions such as the Middle East and North Africa.
Billionaire investor Mark Cuban's question to Representative Matt Gaetz, a Florida Republican, on energy costs took off on social media on Saturday.
Florida lawmakers have banned wind turbines off its shores and near the coast, saying the bill is meant to protect wildlife and prevent noise.