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Ocean freight market enters holding pattern ahead of September

Ocean freight market enters holding pattern ahead of September

  So far, mid-August has demonstrated that Washington is continuing to solidify a centralized trade architecture by extending national security protections to high-tech sectors, issuing a Presidential Proclamation under Section 232 imposing 15% to 100% tariffs on foreign drones and components. Simultaneously, a landmark federal decision by the U.S. Court of International Trade upheld the

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America’s most innovative states

America’s most innovative states

  Innovation can attract investment and reshape economies. The U.S. Economic Development Administration identifies innovation as a driver of global competitiveness, job creation and economic growth. However, innovation activity varies substantially by region. Some states generate more patents, support greater research and development activity, and attract more venture capital than others, giving them a stronger

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Automation vs. the workforce: Will robots really replace cleaners?

Automation vs. the workforce: Will robots really replace cleaners?

  Cleaning businesses and workers confront a market paradox: The services sector is booming while job growth stalls. Automation threatens to displace workers, yet the technology remains prohibitively expensive to deploy at scale. The tension between market expansion and employment stagnation reveals what’s really at stake: persistent pressure on wages, job security, and the viability

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America’s new boomtowns

America’s new boomtowns

  Economic growth can change a city quickly. An influx of new residents and expanding business activity creates visible momentum, even as rapid change brings new strains. In recent years, some American cities stand out for attracting people, investment and development at a pace that sets them apart. Boomtown status does not mean growth benefits

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Why the Fed picked 2% as an inflation target

Why the Fed picked 2% as an inflation target

  In mid-July, new Federal Reserve Chair Kevin Warsh testified before two congressional committees and pledged to restore annual inflation to the central bank’s stated target of 2%. Given that inflation, as measured by the personal consumption expenditures (PCE) index, has been above that mark for 63 consecutive months, Warsh has some work ahead of

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Jersey Mike's Subs franchise system is consolidating fast ahead of its IPO

Jersey Mike's Subs franchise system is consolidating fast ahead of its IPO, according to ZoomInfo data

  Jersey Mike’s franchise system is consolidating into the hands of large, multi-unit operators ahead of the sandwich chain’s planned initial public offering, according to a new analysis from ZoomInfo, an all-in-one AI GTM platform. Ownership is consolidating into larger operators Jersey Mike’s roughly 630 franchise owners span a wide range: More than 330 run

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