U.S. Treasury Secretary Janet Yellen Highlights the Importance of Strengthening Ties with Vietnam
U.S. Treasury Secretary Janet Yellen emphasized the importance of strengthening economic and security ties with Vietnam during her visit to the country, as part of the United States' efforts to build relationships in Asia.
House Committee Weighs Fiscal 2024 Bill: Key Priorities and Discussions
The transportation funding committee in the U.S. House of Representatives will consider a fiscal 2024 transportation bill, which would allocate $90.2 billion for the Departments of Transportation and Housing and Urban Development.
Teamsters President Urges White House to Refrain from Intervention in Potential UPS Worker Strike
Negotiations between UPS and the Teamsters union, representing 340,000 workers, have reached a standstill, with a looming July 31 deadline for a new contract.
Over 100 Groups Call on President Biden to Reverse Proposed Tailpipe Emissions Regulations
Over 100 groups, including truckers from Florida and Pennsylvania, have sent a letter to President Joe Biden urging him to reverse the federal tailpipe emissions regulations for light-, medium-, and heavy-duty vehicles proposed by the U.S. Environmental Protection Agency.
U.S. to Establish Naval Logistics Hubs in India as a Countermeasure to China
The U.S. and India are collaborating to establish naval logistics hubs in India, aiming to enhance resupply and maintenance capabilities for naval vessels in the South Asia region.
Critics Question Biden's Economic Agenda as Kevin O'Leary Warns of Crisis for Small Businesses
Critics continue to question the true cost of President Biden's economic agenda, despite his promotion of "Bidenomics" during his reelection campaign.
Owner-Operator Association Opposes PRO Act, Citing Potential Disruption to Trucking Industry
The Owner-Operator Independent Drivers Association (OOIDA) has expressed opposition to the PRO Act, stating that it would create confusion and jeopardize the established business model in the trucking industry.
The Future of Diversity Initiatives in the Wake of the Supreme Court's Affirmative Action Decision
Corporations, which have already scaled back their diversity, equity, and inclusion efforts launched in 2020, now face the question of whether the Supreme Court's ban on race-conscious admissions will lead them to further curtail these programs to avoid potential legal challenges.
Supply Chain Transparency and Accountability Gain Traction in the Fight Against Forced Labor
The drive for supply chain transparency and accountability in combating forced labor has gained momentum, with consumers, governments, and businesses taking action.
Battle over Tailpipe Emission Regulations Intensifies between State Attorneys General
Republican and Democratic attorneys general are clashing over the Biden Administration's proposed regulations on tailpipe emissions.
US Automakers' Transition to Electric Vehicles Raises Concerns Among Workers, Complicates Politics
Workers in the United Auto Workers (UAW) union are expressing concerns that major automakers are using the transition to electric vehicles to undercut wages, leading to tensions between the union and the Biden administration.
Attorneys General Challenge Biden's Truck Ban and California's Climate Agenda
A group of 19 state attorneys general, including Iowa, are taking legal action against President Biden and California's truck emissions standards, arguing that the trucking industry is being unfairly targeted and that the regulations are unconstitutional.
Biden Vows to Bring Full Battery Supply Chain Home and Boost U.S. Manufacturing
During a visit to South Carolina, President Biden emphasized the need to bring critical manufacturing processes, such as semiconductor production and battery supply chains, back to the United States to compete with China.
Early Insights into the 2024 Presidential Campaign
With 16 months remaining until Election Day, several key observations have emerged from the early stages of the 2024 presidential campaign.
Illinois Prohibits Facial Recognition Usage by Drones
Illinois has enacted a new law, the Drones as First Responders Act, which prohibits law enforcement from using facial recognition technology on drones, except in cases of preventing terrorist attacks or when immediate action is necessary to save lives.
Supreme Court Ends Use of Race in College Admissions, Rejects Affirmative Action
The Supreme Court delivered a ruling that deems race-conscious admission policies at Harvard College and the University of North Carolina unconstitutional, effectively ending affirmative action in higher education.
Congressional Report Highlights Problems with Yellow Corp.'s $700 Million Loan
A Congressional report released on Tuesday revealed significant problems with the Treasury Department's $700 million loan to Yellow Corp. as part of a COVID-19 relief program in 2020.
Pentagon Begins Using Funds from Ukraine Aid Package to Expand Munitions Production and Bolster Critical Minerals Supply Chains
The Pentagon has started utilizing the $600 million Defense Production Act funding allocated from the $40 billion Ukraine aid package.
Democratic Support for the PRO Act: A Question of Duration
The PRO Act, a proposed legislation aiming to protect workers' rights, has raised concerns among small business owners, particularly franchisees.
Assessing the White House's Claims on Supply Chain Normalization
The White House has claimed that supply chains today are more fluid and resilient compared to the disruptions caused by COVID-19.