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Trade in the Red Sea is slowing to a trickle. However, the full economic impact could take some time to reach the U.S., if it does at all.

Economic impact to US from Red Sea attacks likely delayed

A U.S.-owned vessel was hit by a Houthi missile in the Red Sea. Houthis used an anti-ship ballistic missile on Monday, Jan. 15, to hit the bulk carrier Gibraltar Eagle. There was a fire in the ship’s hold, but it remained seaworthy. It’s the latest incident to highlight the tenuous situation playing out at sea,…

China's global lead in EV charging infrastructure has prompted attempts by the U.S. and EU to make up some ground.

US and EU playing catch up to China’s lead in EV charging infrastructure

China has emerged as the global leader in electric vehicle (EV) adoption while also boasting a robust lead over the rest of the world in charging infrastructure. Beijing has overseen the installation of about 2.3 million EV chargers throughout the country — approximately one for every seven Chinese EVs. Comparatively, the European Union is in…

CES 2024, billed as the most powerful tech event world, provided a glimpse into the potential innovations that could shape the EV landscape.

CES 2024 offers look into the potential future of the EV industry

In the wake of a groundbreaking year for electric vehicles (EVs), with over 13.5 million units sold globally, the industry is now contemplating its trajectory for the future. The recent Consumer Electronics Show (CES) 2024, billed as the most powerful tech event in the world, provided a glimpse into the potential innovations that could shape…

Recent changes in the qualification criteria for federal EV tax credits have significantly narrowed the options available to consumers.

EV tax credit changes limit consumers’ options, force new industry strategies

In a bid to incentivize the adoption of electric vehicles (EVs), the American government is offering tax credits for eligible buyers as stipulated within the Inflation Reduction Act of 2022. However, recent changes in the qualification criteria for these credits have significantly narrowed the options available to consumers. “The primary reason for the credit was to get people…

Oscar Pistorius, a South African Olympian who was convicted of killing his girlfriend in 2013, has been released from prison.

Oscar Pistorius, Olympian convicted of killing girlfriend, released from prison

Oscar Pistorius, a South African Olympian who was convicted of killing his girlfriend in 2013, has been released from prison. Pistorius served nearly nine years of the 15-year prison sentence handed down to him for killing Reeva Steenkamp, his then-girlfriend, a decade ago. There can never be justice if your loved one is never coming…

The U.S. Secretary of State is set for another trip to the Middle East as recent developments prompt fears of the war spreading. The Morning Rundown™

Blinken visits Middle East amid fears of war spreading: The Morning Rundown, Jan. 5, 2024

The U.S. Secretary of State is set for another trip to the Middle East as recent developments prompt fears of the war spreading. And an Olympic athlete convicted of murdering his girlfriend has been released from prison. These stories and more highlight The Morning Rundown for Friday, Jan. 5, 2024 Blinken to visit the Middle…

Houthi rebels launch another attack in Red Sea after the U.S. and allies issue a stark and "final warning" to the Iranian-backed group.

Escalating tensions: Is the US prepared to go to war with Iran-backed Houthis?

Is the United States ready to declare war against Iranian-backed Houthi militants? Since launching Operation Prosperity Guardian in December, issues have intensified for the U.S. and its allies in the Red Sea. Houthi rebels carried out another attack on Thursday, Jan. 4, employing an unmanned surface vessel to target U.S. Navy and commercial vessels. The…

The Biden administration wants more EVs on American roadways, just not Chinese-made models. The White House is now weighing tariff increases.

Biden administration weighs tariff increase on Chinese-made EVs

The Biden administration wants to put more electric vehicles (EVs) on American roadways, just not Chinese-made models. According to The Wall Street Journal, the White House is considering raising the nation’s tariff on imports of automobiles from China. It would mark the second time a tariff increase like this has occurred since 2018, when former…

Rite Aid has been banned by the FTC for five years from using artificial intelligence facial recognition technology for surveillance.

FTC bars Rite Aid from using AI for 5 years for ‘reckless’ surveillance

Rite Aid, the pharmacy chain that filed for bankruptcy in October, is now facing another issue. It has been banned for five years from using artificial intelligence facial recognition technology for surveillance purposes to settle charges by the Federal Trade Commission. However, we fundamentally disagree with the facial recognition allegations in the agency’s complaint. Rite…

Google has agreed to pay $700 million and allow for greater competition in its app store as part of an antitrust settlement.

Google to pay $700M to consumers, states in antitrust settlement

Google has agreed to pay $700 million and allow for greater competition in its app store as part of an antitrust settlement with all 50 U.S. states disclosed on Monday, Dec. 18. The settlement, reached in September and still needs a judge’s final approval, will see Google paying $630 million into a fund for consumers…

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