A container is offloaded from the Wanhai 175 cargo ship at the Tan Vu Terminal, operated by Vietnam Maritime Corp., at Haiphong Port in Haiphong, Vietnam, on Wednesday, Jan. 15, 2025. Bloomberg | Bloomberg | Getty Images The proportion of volume from suppliers in China, Hong Kong, and Korea has declined from 90% to 50% over…
The CEO of JPMorgan Chase has taken the head of Donald Trump’s media company to task for claiming the lender “debanked” the firm under political pressure from the Joe Biden administration. “People have to grow up here, okay, and stop making up things,” Jamie Dimon told Maria Bartiromo on Fox News’ Sunday Morning Futures. “We…
Secretary of the Interior Doug Burgum had to remind a crowd of freezing Christmas-goers to deliver “lots of cheering” for the president and first lady. “You’ve got an important job to do,” Burgum explained as he prepared a crowd for the arrival of Donald and Melania Trump for the 103rd National Christmas Tree Lighting Ceremony….
A view of the NEO magnetic plant in Narva, a city in northeastern Estonia. A plant producing rare-earth magnets for Europe’s electric vehicle and wind-energy sectors. Xinhua News Agency | Xinhua News Agency | Getty Images NARVA, Estonia — Europe’s big bet to break China’s rare earths dominance starts on Russia’s doorstep. The continent’s largest…
Defense Secretary Pete Hegseth drew ridicule for a disastrous typo on his namecard during Tuesday’s Cabinet meeting. Hegseth’s placard labeled his role in the administration as the “SSecretary of War” at the meeting, where he doubled down on his department’s deadly boat strikes in the Caribbean and vowed to put “narcoterrorists at the bottom of…
Markwayne Mullin lost his cool as he was questioned about reports of the U.S. potentially committing war crimes in the Caribbean Sea. “Why would it be true?” the senator asked State of the Union host Dana Bash on Sunday, later complaining: “I don’t know why we’re spending so much time on this!” Dana Bash questioned…
Donald Trump has furiously called a female reporter a “stupid person” after being asked about the suspect in the D.C. shootings. Trump, 79, took part in a media conference after his Thanksgiving call with service members on Thursday in which he confirmed the death of Army Specialist Sarah Beckstrom. Speaking from Mar-a-Lago, Trump was infuriated…
The impact of President Donald Trump‘s tariffs continues to rip through the logistics and transportation sectors, with major ports experiencing a steep drop in imports after records were set earlier this year, and volumes throughout the supply chain rolling over. For the first time in 2025, rates for van, flatbed, and refrigerated loads in October…
Nvidia on Wednesday reported fiscal third-quarter earnings that beat expectations, and provided a strong forecast for the current quarter. Wall Street welcomed the report, and Nvidia stock rose after the release and during the conference call. Other stocks in the so-called artificial intelligence trade also saw a boost. A closer look at Nvidia’s report shows…
Nvidia earnings, the most important report of the quarter, will be out after Wednesday’s close, and AI rockstar CEO Jensen Huang will be on the hot seat to answer tough questions about the spiraling artificial intelligence spending promises and how these tech companies — big and not so big — are going to pay for…