Blame the Feds for lack of charging stations at interstate rest stops
Many are still vying for charging stations at interstate rest stops, despite the 1956 Federal-Aid Highway Act.
Congress remains divided over bank failure solutions
The collapse of the Silicon Valley Bank and First Republic Bank has caused an uproar among the American public.
New truck tax may be repealed in House bill
This new bill could end the federal excise tax on heavy trucks for good.
China’s global chip combination will weaken as South Korea pivots toward Japan & US
South Korea is aligning with the United States and Japan, which could lead to greater cooperation and coordination among these countries in the development and production of advanced semiconductor technologies.
U.S. - EU working on preliminary EV mineral agreement
In the race to fully transition to green energy, investments are rampant on both sides of the Atlantic Ocean to integrate electric vehicles and other sources of clean energy.
Biden’s DOL chief pick faces opposition from 150k truckers in OOIDA
President Joe Biden has nominated Julie Su for the Department of Labor Secretary, but she is facing massive push-back from the Owner-Operator Independent Drivers Association (OOIDA), a group representing 150,000 truckers.
Biden’s 2023 trade agenda will focus on China’s laborer rights
According to the U.S. Trade Representative’s report on 2023 policy, Chinese worker rights will be a hot topic for the Biden Administration this year.
☕️ Grab a cup’o Joe: Starbucks CEO to testify before Senate over unionizing opposition
Starbucks CEO Howard Schultz is feeling the heat as Congress investigates the company’s “intense opposition” to national efforts to unionize its stores.
The global energy market hasn’t been the same since Russia invaded Ukraine
The oil and gas landscape has been disrupted and the world has been struggling to find its footing since February 2022 - when Russia invaded neighboring Ukraine.
“Supply Kentucky” initiative launched by governor to bolster state’s manufacturing power
The Bluegrass State’s economy relies heavily on manufacturing, accounting for nearly 12.5% of its entire workforce.
DOT Secreate Pete Buttigieg fire back at critics: “East coast elite”
Republican criticism has been rampant over Buttigieg’s response to the East Palestine train derailment, with senators like Mitt Romney (R-OH) and and Marco Rubio (R-FL) calling for his resignation.
FAA head nomination continues to stumble as Congress debates approval
Seven months ago, President Joe Biden nominated Phil Washington, the CEO of Denver International Airport, to lead the Federal Aviation Administration (FAA).
U.S. rail union leaders push Biden administration for safety after works fall ill at Ohio train incident site
Leaders from twelve of the rail unions met with the Department of Transportation Secretary Pete Buttigieg and Amit Bose, administrator of the Federal Railroad Administration, this week to discuss the illnesses.
Negative opinions of China seem to be the only unifying issue in Congress
Both US Republicans and Democrats have been slamming China, making the tension between the two countries one of the only bipartisan issues on the docket.
House Republicans quick to blame Buttigieg for delayed Ohio train derailment response, but is this warranted?
Some state “no” - the real issue lies with the railroad industry’s lack of accountability and regulations after years of lobbying against compliance efforts.
Russia is struck with a 200% tariff on aluminum by the US
Russia’s invasion of Ukraine celebrated its one-year anniversary last week, and the White House marked the occasion by announcing $2.7 billion in new duties on metals and raw materials from the country
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.
Biden hopes to revive regulations the railroads once fought against
After the Norfolk Southern train derailment in early February, the Biden administration and regulators are taking a look at rail regulations.
Cyberattacks are a major global risk
Cyberattacks are a growing threat to global supply chains, and they can result in significant disruption, financial loss, and reputational damage.
The paradoxical economy has economists scratching their heads
There are several possible explanations for why inflation could be high despite weak economic growth and low unemployment, including the near-constant supply chain disruptions.