The latest news
Port and Trucking Delays Push Up Global Freight Rates
Copenhagen, Thursday, 13 August 2026.
Despite geopolitical conflicts, strong consumer demand paired with 15 years of landside infrastructure underinvestment is causing severe port bottlenecks, driving global shipping rates and carrier profits significantly higher.
latest news in economy
US Wholesale Prices Stagnate in July as Energy Costs Drop
Washington, Thursday, 13 August 2026.
Unchanged wholesale prices in July signal easing supply chain inflation. Falling energy costs countered service gains, lowering annual inflation to 4.7% and reducing immediate Federal Reserve rate-hike pressures.
latest news in companies
Kidz AI Cuts Quarter Losses by 35% While Spending Big on Tech Infrastructure
New York, Thursday, 13 August 2026.
Kidz AI reduced its second-quarter net loss to $2.50 million while slashing debt by 92%, successfully reallocating resources from traditional tutoring to build out high-performance computing infrastructure.
latest news in politics
New York City Launches Probe Into Popular Prediction Apps Over Deceptive Advertising
New York, Thursday, 13 August 2026.
New York City leaders are investigating major prediction markets over alleged predatory advertising and fake trading promos, signaling rising local regulatory risks for the emerging event-trading industry.
latest news in global
American Automakers Risk Falling Behind as China Dominates Electric Vehicle Production
Detroit, Thursday, 13 August 2026.
Producing nearly 75% of global electric vehicles, China dominates the market while shifting US policies force Detroit automakers to write off billions in electric vehicle investments.
latest news in general
Maine Lifeguard Survives Rare Underwater Encounter With Great White Shark
Scarborough, Wednesday, 12 August 2026.
A veteran lifeguard survived being dragged 1.8 meters underwater when a great white shark grabbed his flotation device, highlighting a dramatic surge in coastal shark sightings this August.