Jerry Lin
The Latest
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Fed Action Credited for Cooling US Inflation, Survey Finds
A recent survey released by the Federal Reserve Bank of New York on Thursday suggests that Americans predominantly attribute the recent deceleration in U.S. inflation to the actions taken by the Federal Reserve, followed closely by improvements in supply chain issues. Respondents believe that these two factors are the primary reasons for the country's inflation drop over the past year and will likely continue to be the leading drivers for a potential decrease in the upcoming year. 
A recent survey released by the Federal Reserve Bank of New York on Thursday suggests that Americans predominantly attribute the recent deceleration in U.S. inflation to the actions taken by the Federal Reserve, followed closely by improvements in supply chain issues. Respondents believe that these two factors are the primary reasons for the country's inflation drop over the past year and will likely continue to be the leading drivers for a potential decrease in the upcoming year. -
Coinbase Gains Approval to Offer Cryptocurrency Futures, Diving into Trillion-Dollar Derivatives Market
Coinbase, a NASDAQ-listed cryptocurrency platform, announced on August 16 that it has received approval from the U.S. National Futures Association (NFA) to offer cryptocurrency futures to qualified U.S. customers. 
Coinbase, a NASDAQ-listed cryptocurrency platform, announced on August 16 that it has received approval from the U.S. National Futures Association (NFA) to offer cryptocurrency futures to qualified U.S. customers. -
China's New Export Controls Send Gallium Prices Skyrocketing Over 50% in July
China's announcement of export controls has led to a steep surge in the prices of gallium, a vital metal in the semiconductor industry. 
China's announcement of export controls has led to a steep surge in the prices of gallium, a vital metal in the semiconductor industry. -
Shake-up in Argentina: Trump-Styled Candidate Tops Presidential Primaries with Bold Proposals
Last Sunday, with an annual inflation rate exceeding 110%, Argentina held its 2023 presidential primaries. Candidates who secure more than 1.5% of votes in these preliminaries will compete in the official elections in October. 
Last Sunday, with an annual inflation rate exceeding 110%, Argentina held its 2023 presidential primaries. Candidates who secure more than 1.5% of votes in these preliminaries will compete in the official elections in October. -
Hawaii Wildfire Tragedy: Natural Disaster or Human-Caused Disaster?
Over 100 deaths have been confirmed in the ongoing Hawaiian wildfires, and local officials warn that the death toll may double. Drawing from various U.S. media reports, the count stands at 106 fatalities, with an unknown number of individuals missing. Many of these victims were found outdoors, in vehicles, or in water. 
Over 100 deaths have been confirmed in the ongoing Hawaiian wildfires, and local officials warn that the death toll may double. Drawing from various U.S. media reports, the count stands at 106 fatalities, with an unknown number of individuals missing. Many of these victims were found outdoors, in vehicles, or in water. -
Tesla Slashes Prices Again in China: A Strategy or Sign of Struggle?
Consistent Price Cuts Tesla is not just reducing prices; it seems to be on a continuous journey of price reduction. After recently decreasing the price of its primary vehicles, Tesla is now taking the "price butcher knife" to its premium models. 
Consistent Price Cuts Tesla is not just reducing prices; it seems to be on a continuous journey of price reduction. After recently decreasing the price of its primary vehicles, Tesla is now taking the "price butcher knife" to its premium models. -
OpenAI's GPT-4 Tackles Content Moderation: A Day's Work Equals Six Months
OpenAI is turning to advanced artificial intelligence (AI) tools to assist with content moderation. Observers note that it could boost efficiency for businesses and add a valuable feature to AI tools that have yet to generate significant revenue for many enterprises. 
OpenAI is turning to advanced artificial intelligence (AI) tools to assist with content moderation. Observers note that it could boost efficiency for businesses and add a valuable feature to AI tools that have yet to generate significant revenue for many enterprises. -
Vietnam's VinFast Soars in US Market Debut, Sees Over 220% Increase
On Tuesday, August 15, VinFast, a Vietnamese electric vehicle (EV) manufacturer, began trading on the NASDAQ following its merger with the special purpose acquisition company (SPAC), Black Spade Acquisition. During trading, the stock soared over 220%, reaching a high of $34.22. 
On Tuesday, August 15, VinFast, a Vietnamese electric vehicle (EV) manufacturer, began trading on the NASDAQ following its merger with the special purpose acquisition company (SPAC), Black Spade Acquisition. During trading, the stock soared over 220%, reaching a high of $34.22. -
Saudi Arabia and UAE Boost AI Efforts: Snagging Nvidia Chips and Tapping Chinese Expertise
Saudi Arabia, through the King Abdullah University of Science and Technology, has acquired at least 3,000 Nvidia H100 chips valued at about $1.2 billion, set for delivery by the end of 2023. The university plans to utilize these chips to develop its own advanced language model. 
Saudi Arabia, through the King Abdullah University of Science and Technology, has acquired at least 3,000 Nvidia H100 chips valued at about $1.2 billion, set for delivery by the end of 2023. The university plans to utilize these chips to develop its own advanced language model. -
Dubai-Based Newton Group's Financial Troubles Cast Doubt on $500 Million Investment in Evergrande Auto
In an attempt to revitalize the struggling Evergrande Auto, a Middle Eastern capital entity has become the center of attention after announcing a $500 million infusion. On the night of August 14, Evergrande New Energy Auto (Evergrande Auto) disclosed that it received a strategic investment of approximately $500 million from Dubai-based Newton Group (NWTN). 
In an attempt to revitalize the struggling Evergrande Auto, a Middle Eastern capital entity has become the center of attention after announcing a $500 million infusion. On the night of August 14, Evergrande New Energy Auto (Evergrande Auto) disclosed that it received a strategic investment of approximately $500 million from Dubai-based Newton Group (NWTN).
