Jerry Lin
The Latest
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Credit Card Delinquencies Soar, Reflecting Rising U.S. Financial Stress
The U.S. credit card delinquencies have witnessed a dramatic surge, escalating over 50% in 2023, as reported by the New York Federal Reserve. 
The U.S. credit card delinquencies have witnessed a dramatic surge, escalating over 50% in 2023, as reported by the New York Federal Reserve. -
Chinese Stocks Surge as Government Intervenes to Stabilize Market
Chinese stocks experienced their most substantial rally in years on Tuesday, buoyed by the Chinese government's decisive intervention to stabilize the market after a prolonged period of decline. 
Chinese stocks experienced their most substantial rally in years on Tuesday, buoyed by the Chinese government's decisive intervention to stabilize the market after a prolonged period of decline. -
Yellen Calls for Urgent Crypto Regulation in Congressional Address
U.S. Treasury Secretary Janet Yellen is poised to address Congress with a stern warning on the inherent risks posed by the burgeoning cryptocurrency and stablecoin markets. In her scheduled appearance before the House of Representatives' Committee on Financial Services, Yellen will emphasize the urgency for legislative action to establish a comprehensive regulatory framework for these digital assets. 
U.S. Treasury Secretary Janet Yellen is poised to address Congress with a stern warning on the inherent risks posed by the burgeoning cryptocurrency and stablecoin markets. In her scheduled appearance before the House of Representatives' Committee on Financial Services, Yellen will emphasize the urgency for legislative action to establish a comprehensive regulatory framework for these digital assets. -
Fed's March Rate Cut Increasingly Uncertain Amid Economic Strength
Last week, Fed Chair Jerome Powell suggested in an interview that any potential rate cuts might be postponed until after March, with expectations set for three rate cuts this year, fewer than what the market had anticipated. 
Last week, Fed Chair Jerome Powell suggested in an interview that any potential rate cuts might be postponed until after March, with expectations set for three rate cuts this year, fewer than what the market had anticipated. -
U.S. Adds Over 350,000 Jobs in January, Exceeding Expectations
The U.S. labor market kicked off 2024 with unexpectedly robust job growth in January, adding 353,000 nonfarm payroll positions and surpassing Wall Street's forecast of 185,000, according to the Bureau of Labor Statistics. This surge in employment not only underscores the resilience of the economy but also positions the labor market as a solid foundation for sustained economic expansion. 
The U.S. labor market kicked off 2024 with unexpectedly robust job growth in January, adding 353,000 nonfarm payroll positions and surpassing Wall Street's forecast of 185,000, according to the Bureau of Labor Statistics. This surge in employment not only underscores the resilience of the economy but also positions the labor market as a solid foundation for sustained economic expansion. -
Meta Surges with Record Profits and First Dividend, Signaling Robust Financial Health
Meta Platforms, the parent company of Facebook, has announced a triumphant earnings report for the fourth quarter, marking a significant milestone with its first-ever dividend declaration. The news propelled Meta's shares to soar by 14%, reflecting investor confidence and the company's robust financial performance. 
Meta Platforms, the parent company of Facebook, has announced a triumphant earnings report for the fourth quarter, marking a significant milestone with its first-ever dividend declaration. The news propelled Meta's shares to soar by 14%, reflecting investor confidence and the company's robust financial performance. -
Bank of England Signals Openness to Future Rate Cuts Amid Economic Uncertainty
Bank of England Governor Andrew Bailey hinted that the financial markets' anticipation of future rate cuts might align with the central bank's own outlook. 
Bank of England Governor Andrew Bailey hinted that the financial markets' anticipation of future rate cuts might align with the central bank's own outlook. -
Fed Maintains Interest Rates, Cautiously Optimistic on Inflation and Economic Growth
The Federal Reserve, under the stewardship of the Federal Open Market Committee (FOMC), has maintained a cautious approach, keeping interest rates steady amidst signs of economic stabilization. The decision underscores the central bank's delicate balancing act between fostering economic growth and managing inflationary pressures. 
The Federal Reserve, under the stewardship of the Federal Open Market Committee (FOMC), has maintained a cautious approach, keeping interest rates steady amidst signs of economic stabilization. The decision underscores the central bank's delicate balancing act between fostering economic growth and managing inflationary pressures. -
Hong Kong Poised for Crypto Leap with First Spot-Bitcoin ETF Application
Harvest Global Investments, a leading asset management firm based in China, has submitted an application for a spot-bitcoin exchange-traded fund (ETF) to the Hong Kong Securities and Futures Commission (SFC). The move comes shortly after the United States saw the approval of its first spot-bitcoin ETFs, marking a pivotal moment for crypto assets on a global scale. 
Harvest Global Investments, a leading asset management firm based in China, has submitted an application for a spot-bitcoin exchange-traded fund (ETF) to the Hong Kong Securities and Futures Commission (SFC). The move comes shortly after the United States saw the approval of its first spot-bitcoin ETFs, marking a pivotal moment for crypto assets on a global scale. -
Bitcoin Surges Past $43,000, Marking Positive Start to 2024
Bitcoin's value surged past the $43,000 mark, showcasing a robust recovery in the cryptocurrency market as it heads into a positive trajectory for 2024. 
Bitcoin's value surged past the $43,000 mark, showcasing a robust recovery in the cryptocurrency market as it heads into a positive trajectory for 2024.
