Jonathan Wong

Jonathan Wong

The Latest

  • Obama Voices Alarm Over Media Polarization Impacting Perception of Truth
    Barack Obama, Michelle Obama
    Former U.S. President Barack Obama recently aired his apprehensions about the current state of the nation, despite having concluded his presidential term in January 2017. His primary concern revolves around the extreme division within the media and its impact on public discourse.
  • Potential Debt Ceiling Breakthrough: Biden and McCarthy Find Common Ground Amid Economic Threats
    REJECT MAGA
    The United States President, Joe Biden, and House Republican Leader Kevin McCarthy have given some hope of reaching an agreement to prevent a looming U.S. debt default, with Biden curtailing an Asia trip due to the impending economic crisis.
  • Kenvue, J&J's Consumer-health Spinoff, Soars 20% on First Day of Trading in Largest US IPO Since 2021
    Kenvue, J&J's Consumer-health Spinoff, Soars 20% on First Day of Trading in Largest US IPO Since 2021
    The largest US IPO in a year and a half arrived Thursday, May 4, as Johnson & Johnson's wholly-owned consumer health subsidiary Kenvue went public in the United States. Kenvue's shares opened at $25.53 and continued to rise, reaching an intraday high of $26.40, up 20% at one point.
  • US Clarifies Defense Commitments to Philippines Amid South China Sea Tensions
    South China Sea
    In a first since the 1951 signing of the Mutual Defense Treaty, the United States has issued specific "bilateral defense guidelines" to the Philippines, outlining its commitment to defend the Southeast Asian nation in case of attacks in the South China Sea, including those targeting its coast guard.
  • US Markets Overview: Stocks Drop as Fed Rate Path Remains Uncertain and Another Regional Bank Teeters on the Brink
    Dow Jones Industrial Average
    US stock indices collectively fell on Wednesday as the Federal Reserve raised interest rates as expected, but Chairman Jerome Powell's comments raised doubts among investors, dampening market risk appetite.
  • Federal Reserve Hikes Interest Rates, Hints at End of Tightening Cycle
    Federal Trade Commission
    On Wednesday, the Federal Reserve raised interest rates for the tenth time in just over a year, hinting that the current tightening cycle may be drawing to a close
  • Fed Anticipated to Raise Rates, Possibly Signal Pause in Tightening Cycle
    Federal Reserve Chair Jerome Powell.
    The Federal Reserve is predicted to increase interest rates on Wednesday, potentially indicating a pause in its 14-month tightening cycle. Policymakers must weigh the necessity to curb inflation against an array of pressing risks, from bank failures to the potential U.S. debt default as early as next month.
  • AI Pioneer Geoffrey Hinton Departs Google to Caution Society on AI Dangers
    Geoffrey Hinton
    Geoffrey Hinton, a renowned figure in the artificial intelligence (AI) community, known as "The Godfather of AI," has left Google after a decade to raise awareness about the potential dangers of AI. Hinton, who earned his Ph.D. in AI 45 years ago, previously believed the AI threat was 30 to 50 years away or even longer but has since revised his outlook.
  • Sudden Market Plunge: US and European Stocks Plummet as Regional Bank Shares Collapse
    Stock market
    On Tuesday, US stocks opened lower, with the three major indices all falling over 1.4%. Following the collapse of the First Republic Bank, the banking crisis continues to spread.
  • Trump Seeks Mistrial in E. Jean Carroll's Rape Accusation and Defamation Case
    Former U.S. President Donald Trump
    Donald Trump has filed for a mistrial in the civil case in which writer E. Jean Carroll accuses him of rape and defamation, asserting that the presiding judge made a series of biased and prejudicial rulings against him.
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