Jonathan Wong

Jonathan Wong

The Latest

  • FTC Files Lawsuit Against Amazon Over Deceptive Prime Subscriptions and Difficult Cancellation Process
    Amazon
    On Wednesday, June 21, the U.S. Federal Trade Commission (FTC) sued Amazon, accusing the e-commerce giant of deceiving customers into subscribing to its Prime service and deliberately making it difficult to cancel.
  • Report Unveils US Military's Extensive Anti-LGBTQ Bias: Over 29,000 Dishonorable Discharges
    MANEUVER
    A fresh report has shed new light on the US military's ingrained discrimination against LGBTQ service members over the last few decades. The data indicates that more than 29,000 personnel, dismissed due to their sexual orientation, were unjustly denied honorable discharges.
  • Biden Brands Xi Jinping as 'Dictator' Amid Rising US-China Tensions
    President of the United States Joe Biden met with General Secretary of the Chinese Communist Party Xi Jinping at the margins of the 2022 G-20 Bali Summit
    President Joe Biden, in a sharp departure from his typical diplomatic language, labeled China's leader Xi Jinping as a "dictator" during a fundraising event in California this Tuesday. The president's potent remarks came hot on the heels of Secretary of State Anthony Blinken's official visit to Beijing.
  • Federal Reserve Holds Steady on Interest Rates, Predicts Slight Rise by Year End
    FED
    In an announcement on Wednesday, the Federal Reserve confirmed that it will hold the line on interest rates, while its updated economic forecasts indicate a likely rise of half a percentage point by year-end. This adjustment comes in response to the U.S. economy's unexpected robustness and a slower than projected drop in inflation.
  • Ex-President Trump Confronts Classified Document Allegations in Miami Federal Court
    Ex-President Trump Heads to NYC for Court Appearance Amid Heightened Security Measures
    Former U.S. President Donald Trump is slated to appear before a federal court in Miami on Tuesday to respond to criminal charges that he illegally retained classified national security papers upon leaving office, and made false statements to authorities attempting to retrieve them.
  • Biden Administration Targets Aviation Training Companies in US Export Control Overhaul
    US-China Trade
    As part of a broad move to ensure national security, the Biden administration introduced 43 entities to its export control list on Monday. This decision includes Frontier Services Group Ltd, a security and aviation firm formerly led by Erik Prince, implicated in the training of Chinese military pilots.
  • Melania Trump Resolute Amid Husband's Pending 38-Count Indictment: 'This is Nothing New'
    Melania Trump and Donald Trump
    In the midst of Donald Trump's mounting legal troubles, Melania Trump remains steadfast and undeterred. The former First Lady, mother to their 17-year-old son Barron, is resolute in her decision to support her husband as he faces 37 counts at an arraignment slated for Tuesday, June 13 in Miami, Florida.
  • Storm Continues! U.S. Banking Industry Begins to Cut off Binance's Access to Banking Systems
    US Banks
    The grand legal war between the SEC and the crypto world initially affected Binance.US, leaving cryptocurrency exchanges facing a genuine moment of survival.
  • Second Indictment Hits Donald Trump Amid Classified Documents Probe
    Ex-President Trump Heads to NYC for Court Appearance Amid Heightened Security Measures
    Former President Donald Trump has come under the legal microscope once again. This time, he faces an indictment related to an investigation into classified documents, marking the second time that Trump has been indicted.
  • GameStop's Q1 Report: Revenue Plunge, CEO Firing, and Investor Call Cancellation Send Shares Tumbling
    GameStop
    GameStop met several pieces of bad news in its Q1 report: First, revenue fell by more than 10% YoY to $1.24 billion, significantly below the market expectation of $1.36 billion; the company then fired its CEO Matthew Furlong and appointed the board chairman and activist investor Ryan Cohen as executive chairman, effective immediately.
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