Jonathan Wong

Jonathan Wong

The Latest

  • House GOP in Disarray: McCarthy's Potential Return and the Race for Speakership
    House Speaker McCarthy Ousted: What's Next for the Divided GOP?
    In a political landscape rife with uncertainty, the House Republicans find themselves at a crossroads. The recent ousting of Kevin McCarthy as the Speaker of the House has left a vacuum, with various factions within the party vying for influence and control. As the GOP grapples with its identity and direction, the question on everyone's mind is: Who will take the helm?
  • U.S. Stocks' Rollercoaster Ride: A Post-Jobs Report Rebound
    U.S. Job
    Following the release of the U.S. September non-farm employment report this Friday, both the stock and bond markets experienced a dramatic turnaround, initially dropping and then rallying.
  • Breakthrough in UAW Strikes: A Turning Point in Negotiations and the Future of Auto Jobs
    UAW workers
    In a significant development, the United Auto Workers (UAW) union has made headway in its negotiations with major automakers, signaling a potential end to the unprecedented strikes against Ford, General Motors, and Stellantis. The union's President, Shawn Fain, announced that all three companies would avert an expansion of the UAW's work stoppages for the time being.
  • Crypto Tycoon SBF Faces 'Trial of the Century' in the Cryptocurrency World: Prosecutors Allege Global Deception
    Sam Bankman-Fried
    The so-called "trial of the century" in the cryptocurrency world has commenced, with former crypto magnate Sam Bankman-Fried (SBF) facing a decisive legal battle over multiple criminal charges.
  • The GOP's Leadership Void: Who Will Take the Gavel Post-McCarthy?
    Gaetz- Kevin McCarthy Clash Reveals Deep Divisions Within House Republicans
    In an unprecedented turn of events, Rep. Kevin McCarthy's removal from the position of House Speaker has left a vacuum in the GOP-controlled lower chamber. As the GOP grapples with the sudden leadership void, several names have emerged as potential successors, each bringing their own strengths, challenges, and political baggage to the table.
  • Global Markets Navigate Uncertainty Amid US Bonds Rout and Economic Indicators
    CHEAT
    In a week marked by heightened market volatility, global bonds experienced a brief respite on Wednesday. This came after a weaker-than-expected reading of private payrolls, leading to speculation that the US central bank might hold off on tightening its monetary policy.
  • Microsoft's CEO Nadella Challenges Google's Mobile Search Dominance in U.S. Antitrust Trial
    STRONG PERFORMANCE
    In a significant development in the U.S. Justice Department's landmark antitrust case against Alphabet's Google, Microsoft CEO Satya Nadella took the witness stand, offering a critical perspective on Google's mobile search practices. Nadella's testimony provided a unique insight into the tech industry's competitive landscape, especially given Microsoft's own history with antitrust scrutiny.
  • Mack Trucks and UAW Reach Crucial Agreement, Dodging Major Strike
    UAW workers
    In a last-minute move that narrowly prevented a significant strike, Mack Trucks and the United Auto Workers (UAW) union reached a tentative contract agreement late on Sunday. This development comes as a relief to approximately 3,900 employees at the company who were on the brink of walking out.
  • Bitcoin Breaks $28,000 Barrier: Inside the Factors Fueling the Cryptocurrency's Rise
    CRYPTO FOR SHOPPING
    Bitcoin, the world's premier cryptocurrency, has made a triumphant return, soaring past the $28,000 mark for the first time since mid-August. This surge, marking its highest price in six weeks, has the crypto community buzzing with excitement and speculation. But what's driving this sudden uptick?
  • Congress Averts Government Shutdown in Eleventh-Hour Agreement, But Not Without Drama
    White House
    In a dramatic turn of events, the threat of a federal government shutdown was averted just hours before the midnight deadline. Congress approved a temporary funding bill, ensuring that agencies remain operational, and promptly sent the measure to President Joe Biden for ratification.
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