Shipping Container Crunch Underway As Rates Skyrocket
A perfect storm in global trade is causing a major shipping container shortage, leading to unexpected spikes in ocean freight rates.
Stocks Edge Higher Amid Choppy Week
Stocks nudged higher on Friday, wrapping up a volatile week.
Brace Yourself For An Above-Normal Hurricane Season Ahead
NOAA forecasters predict an above-normal hurricane season in the Atlantic for 2024, with an 85% chance of higher-than-average activity.
Americans Are Split on Economy Despite Growth
More than half of Americans believe the U.S. is in a recession, even though the GDP has been growing for several years.
Gen Z Takes the Workforce by Storm
In 2024, Gen Z workers are set to outnumber baby boomers in the U.S. labor force for the first time.
U.S. on Track for Rare Earth Supply Chain by 2027
The U.S. is making solid progress towards establishing a domestic supply chain for rare earth elements by 2027, crucial for defense needs.
Quiet Vacationing Is A Trend Among U.S. Workers
Paid days off aren't guaranteed for many Americans, and even when they are, most workers aren’t using all their PTO.
Experts Are Warning of Economic Downturn
Nancy Lazar from Cornerstone Macro is sounding the alarm about a possible economic downturn.
EPA Urges Water Systems to Boost Cybersecurity
The EPA issued a crucial alert, urging water utility systems to enhance their cybersecurity measures immediately to protect the nation's drinking water.
Business Insider Took A Closer Look At Middle Class in America
A Business Insider analysis of 2022 US Census Bureau data revealed stark contrasts in the middle-class population across states.
Spirit AeroSystems Lays Off 400-450 Workers in Wichita
Spirit AeroSystems is laying off 400-450 hourly production workers in Wichita due to high inventory levels.
Humanitarian Aid Reaches Gaza via Temporary U.S. Pier
On Friday, trucks carrying humanitarian aid began delivering much-needed supplies to Gaza using a temporary pier built by the U.S.
New York Fed Enhances Supply Chain Data with New Indexes
The Federal Reserve Bank of New York is enhancing its supply chain data tracking with new "Supply Availability Indexes."
McDonald's $5 Meal Deal Is A Limited-Time Offer That's Causing a Stir
McDonald’s is launching a $5 Meal Deal in the U.S. to attract customers amid rising inflation.
Retailers Expect Middle-Market Demand This Holiday Season
U.S. retailers are gearing up for a cautious but steady holiday season, focusing on mid-range price items, according to a CNBC Supply Chain Survey.
Walmart's High-Income Shopper Bubble Is Growing
Walmart’s recent success, driven by higher-income shoppers, might not last.
House Passes Bill to Expedite Weapons to Israel
The Republican-led U.S. House of Representatives passed the Israel Security Assistance Support Act on Thursday, pushing President Biden to send weapons to Israel more quickly.
Hertz's Tesla Bet Is A Cautionary Tale
A few years back, Hertz took a bold step by purchasing 30,000 Teslas, aiming to electrify 20% of its rental fleet.
Panama's New President-Elect Gathers Pro-Business Team
Panama's President-elect Jose Raul Mulino has announced his first cabinet selections, emphasizing a pro-business approach.
Jobless Claims Fall, But Economic Slowdown Persists
The number of Americans filing for jobless benefits dropped last week, undoing nearly half of the previous week's spike.