Jonathan Wong
The Latest
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Crypto Tycoon SBF Faces 'Trial of the Century' in the Cryptocurrency World: Prosecutors Allege Global Deception
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 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?
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. 
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
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. 
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
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. 
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
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. 
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
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? 
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
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. 
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. -
U.S. Core PCE Price Index Hits Two-Year Low, But Looming Government Shutdown Worries Investors
U.S. Department of Commerce reported that the August core Personal Consumption Expenditures (PCE) price index's year-over-year growth rate dropped from 4.3% in July to 3.9%. This marks the lowest level for the index in two years, indicating a slowdown in U.S. underlying inflation. 
U.S. Department of Commerce reported that the August core Personal Consumption Expenditures (PCE) price index's year-over-year growth rate dropped from 4.3% in July to 3.9%. This marks the lowest level for the index in two years, indicating a slowdown in U.S. underlying inflation. -
U.S. Economic Soft Landing in Jeopardy Amid Government Shutdown, UAW Strikes, and Soaring Oil Prices
Before the economic downturns of 1990, 2001, and 2007, many Wall Street economists had predicted a soft landing for the U.S. economy. This summer, with signs of slowing inflation and a cooling labor market, some economists and Federal Reserve officials were optimistic that this elusive soft landing might be within reach. 
Before the economic downturns of 1990, 2001, and 2007, many Wall Street economists had predicted a soft landing for the U.S. economy. This summer, with signs of slowing inflation and a cooling labor market, some economists and Federal Reserve officials were optimistic that this elusive soft landing might be within reach. -
Ford and CATL's Michigan Battery Plant Faces Congressional Scrutiny
This week, the battery factory in Michigan, a joint venture between CATL (Contemporary Amperex Technology Co. Limited) and Ford, encountered setbacks. 
This week, the battery factory in Michigan, a joint venture between CATL (Contemporary Amperex Technology Co. Limited) and Ford, encountered setbacks.
