BALTIMORE, MD, November 12, 2024 – New research in the INFORMS journal Manufacturing & Service Operations Management is guiding the development of more inclusive and efficient electricity markets. The work demonstrates how aggregating small-scale, distributed energy resources (DERs) like solar panels can effectively balance the power of large utility companies.
Global supply chains are undergoing an irrevocable shift. While material flows remain critical, they are only the most visible aspect of this transition. Beneath the surface, changes in information exchanges, financial reconfigurations, and human capital movements are posing far greater risks to the benefits of global trade. The US, China, and the rest the world must handle these changes with care and perspective.
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Today’s episode looks at details in the latest WASDE report from USDA, livestock market trends, the Panama Canal situation, and why members of the House are focused on California’s ban on combustible engines
The term “tripledemic” is being used to express the concerns about the collective spread of COVID-19, influenza and the respiratory syncytial virus, or RSV, during this fall and winter. Yet each of these infectious diseases has their own risk profile. Placing them under the same epidemic umbrella may inadvertently overstate the impending dangers — perhaps to the point of crying wolf when a calmer descriptor would be more beneficial and appropriate.
Deceptive videos and images created using generative AI could sway elections, crash stock markets and ruin reputations. Researchers are developing methods to limit their harm.
Latest inflation numbers: Not very good news as inflation seems to be supply-side, so it is much harder to control. Gas prices will also negatively affect the price of food even more for the next quarter at least. This means that interest rates will remain high for a while, possibly even into 2025. Also, deflation is not a bad thing if it is transitory and aimed at first necessity goods, as opposed to affecting consumption in the long run.
In the UK, NHS workers ranging from nurses to junior doctors went on strike in 2023 to express their grievances about their pay. These localised and staggered strikes have caused inconvenience, but they did not affect the UK economy significantly. However, the coordinated United Auto Workers (UAW) strike in the US, which began on September 15, is much larger in terms of scale and scope.
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