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“President Trump and I are going to fight for the truckers,” JD Vance assured at a Pennsylvania rally earlier this year. However, the recent nomination of Oregon Representative Lori Chavez-DeRemer as Labor Secretary has caused truckers to feel betrayed, fearing her stance on gig work could lead to significant job losses. The American Trucking Associations…

AI Firms Drive Surge in Office Space Leasing Amid Tech Industry Growth. Technology companies’ demand for office space surged to a near three-year high in the third quarter, fueled by the expansion of artificial intelligence companies and broader job growth within the tech sector. Tech firms acquired 9.9 million square feet of office space across…

In today’s rapidly evolving tech landscape, the rise of shadow AI within organizations mirrors the once rampant expansion of shadow IT, presenting similar risks and challenges. This term refers to the use of AI tools and applications without proper oversight or integration into a company’s IT infrastructure, potentially leading to inefficiencies and increased operational risks.…

China has surged ahead of Germany in the deployment of industrial robots, marking a pivotal shift in global manufacturing dynamics, according to the latest report from the International Federation of Robotics (IFR). As of 2023, China boasts a robot density of 470 units per 10,000 employees, a significant leap from just a few years prior…

The Composite Purchasing Managers’ Index (PMI) in the Eurozone has dropped to its lowest point since early this year, reaching 48.1, signaling a downturn in business activities across the region. This decline has been exacerbated by looming higher US tariffs and ongoing political uncertainties within Europe. Businesses across the euro area have been forced to…

Jensen Huang, the co-founder and CEO of Nvidia, has steered the company to remarkable heights, marked by a period of explosive growth in the artificial intelligence sector. As Nvidia’s fiscal third-quarter results recently revealed, the company has for the first time surpassed $100 billion in annual sales—a milestone that underscores its dominance in the AI…

Negotiations between unionized dockworkers and maritime employers at various U.S. ports resumed last week, facing hurdles as they aim to finalize a new contract before the current one expires on January 15. The discussions come in the wake of a three-day strike last month that halted operations from Maine to Texas, raising the stakes as…

Japan’s exports saw a resurgence in October, rising 3.1% year-over-year, driven primarily by robust sales of semiconductor manufacturing equipment to China, according to the latest report from the Ministry of Finance. This growth comes after a slump in September, the first drop in ten months, surpassing economists’ predictions of a modest 1% increase. The export…

With Donald Trump’s return to the presidency just two months away, the ripple effects are beginning to show, particularly in Washington, D.C.’s commercial real estate market. According to the Washington Business Journal, Trump’s second term could significantly reshape the district’s commercial real estate landscape, depending largely on his administrative actions and how he chooses to…