Jonathan Wong

Jonathan Wong

The Latest

  • GM Workers Ratify UAW Deal Amid Tense Voting Process
    UAW workers
    In a closely-watched development, union workers at General Motors have ratified a landmark deal with the United Auto Workers (UAW), despite initial resistance from several of the automaker's largest assembly plants. The contentious voting process concluded with 54.7% of GM's nearly 36,000 unionized workers voting in favor of the agreement.
  • Elon Musk Faces Backlash for Endorsing Controversial Anti-Semitic Comment
    Elon Musk
    Elon Musk, the CEO of Tesla, is under scrutiny for his recent endorsement of a tweet perceived as anti-Semitic on the X platform, formerly known as Twitter. The controversy began with a video shared by an X user, depicting a father reprimanding his son for making derogatory remarks about Jewish communities.
  • U.S. October CPI Cools More Than Expected, Fed Rate Cut on the Horizon?
    SECOND TERM
    The U.S. Bureau of Labor Statistics recently reported a significant cooling in the U.S. Consumer Price Index (CPI) for October, with the core CPI dropping to its lowest point in over two years.
  • Airbnb's Landmark Acquisition of Gameplanner.AI Signals AI Ambitions
    SHARES DOWN
    Airbnb, the renowned home rental platform, has taken a significant leap in the realm of artificial intelligence by acquiring the AI startup Gameplanner.AI. Valued at just under $200 million, this strategic move marks Airbnb's first major acquisition since it became a publicly-traded company. This development, initially reported by CNBC, indicates a shift in Airbnb's strategic direction, potentially heralding a new era of AI-driven enhancements in the travel industry.
  • Nvidia Launches Powerful H200 GPU, Eyeing AI Market Dominance
    The logo of technology company Nvidia is seen at its headquarters in Santa Clara
    Nvidia, a frontrunner in the graphics processing unit (GPU) market, recently unveiled its latest and most potent AI chip yet, the H200. This groundbreaking GPU, an upgrade from its predecessor the H100, is designed to revolutionize the training and deployment of artificial intelligence models, particularly those at the forefront of the generative AI boom.
  • UAW Strike Update: Ford Workers in Kentucky Reject UAW Deal, Casting Doubt on National Ratification
    FLEXIBLE SETUP
    Ford workers in Louisville, Kentucky, have voted against the proposed contract with the United Auto Workers (UAW), showcasing the complex landscape of labor negotiations within the automotive industry.
  • Boeing's Surge in Orders and China Rumors Propel Stock Skyward Amid Dubai Airshow
    STRONG DELIVERY
    The Dubai Airshow marked a significant triumph for Boeing (BA), the Dow Jones jet manufacturer, as it announced a substantial string of orders, triggering a notable surge in its stock. This uptick comes amid emerging reports that China may resume purchasing Boeing's 737 MAX aircraft, adding to the positive momentum.
  • IRS Adjusts Tax Brackets for 2024: What This Means for Your Wallet
    Tax Rebates 2022: IRS To Send Up To $750 In Coming Days, What To Know?
    The Internal Revenue Service (IRS) has announced significant changes to U.S. tax brackets for 2024, aligning with current inflation trends. This adjustment, increasing the brackets by approximately 5.4 percent, is set to impact workers across various income levels.
  • Apple Settles for $25M in Landmark DOJ Discrimination Case
    Apple Logo
    Apple Inc. has settled with the U.S. Department of Justice (DOJ) for $25 million over allegations that the tech giant favored immigrant workers over U.S. citizens and permanent residents for certain positions. This settlement marks the largest amount the DOJ has ever secured relating to claims of citizenship discrimination.
  • Amazon Prime Adds Health Care Perk with Discounted One Medical Memberships
    Amazon bets on Black Friday deals in early holiday shopping push
    Amazon has introduced a health care advantage for its members by offering access to One Medical services at a discounted rate. Prime members now have the option to subscribe to One Medical for just $9 a month or $99 annually, a significant markdown from the standard $199 yearly fee.
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