Jonathan Wong

Jonathan Wong

The Latest

  • Inflation's Comeback: Can the Fed Navigate the Rising Tide of Oil Prices?
    U.S. Federal Reserve building
    As oil prices surge for the third consecutive week, the Federal Reserve, aiming for a soft landing for the U.S. economy, is once again haunted by the specter of inflation.
  • Instacart's Rocky Road to IPO: From Unicorn Valuation to a $9.9 Billion Debut
    Instacart's Bold Leap: Aiming for a $77 Billion Valuation in U.S. IPO
    The U.S. stock market is buzzing with IPO activity, and following in the footsteps of Arm, Instacart is making its sprint to Nasdaq.
  • US-China Tech Cold War Intensifies as Lawmaker Meets With Chip Industry Group - Report
    U.S. China Phase 1 trade deal
    In a move that underscores the growing tensions between the U.S. and China in the tech sector, the chair of the U.S. House of Representatives' committee on China is set to meet with a semiconductor industry group. The primary agenda of this meeting is to convey concerns over U.S. investments in China's burgeoning chip industry, according to sources familiar with the matter.
  • Elon Musk Slams Reports of Tesla's Saudi Factory Plans as 'Utterly False Article'
    Elon Musk
    Tesla CEO Elon Musk has once again taken aim at the Wall Street Journal, this time over a report suggesting Tesla might receive backing from Saudi Arabia to build a factory there.
  • Global Rice Inflation Looms: After India's Export Restrictions, Thailand's Rice Production Faces Challenges
    Consumer Goods
    Following India's ban on certain rice exports this summer, global rice prices have neared their highest levels in fifteen years.
  • Hunter Biden Takes Legal Action Against IRS Agents Over Alleged Privacy Breach
    Explosive Allegations: Hunter Biden's FBI Informant 'One-Eye' Leaked Info on China Investigations, Claims Whistleblower
    In a recent development, Hunter Biden, the embattled first son, has initiated legal proceedings against two Internal Revenue Service (IRS) whistleblowers. The lawsuit alleges that these agents violated his right to privacy and sought to publicly "embarrass" him by disclosing his tax information.
  • Hedge Funds Turn Bullish on Dollar Ahead of Fed Meeting
    Franklin Resources-Legg Mason Merger
    As the Federal Reserve's interest rate meeting approaches, hedge funds are widely anticipating the FOMC to maintain its hawkish stance, showing optimism towards the U.S. dollar for the first time in six months.
  • TikTok Ignites U.S. Black Friday Price Wars with Massive Discounts
    FILE PHOTO: The TikTok logo is pictured outside the company's U.S. head office in Culver City, California, U.S., September 15, 2020.
    As the end-of-year shopping season in the U.S. approaches, TikTok, which recently launched its e-commerce venture in the country, is gearing up to make a splash with promotional campaigns, firing the opening salvo in the retail price war.
  • Google's AI Powerhouse: Everything We Know About Gemini
    Google
    Google is gearing up to unveil its magnum opus, Gemini, which is poised to be a formidable competitor to GPT-4.
  • UAW Strikes Threaten Economic Stability as Big 3 Automakers Face Standoff
    UAW Strike
    In a significant move that could have wide-ranging implications for the U.S. economy, members of the United Auto Workers (UAW) union have initiated strikes at three major U.S. assembly plants belonging to General Motors, Ford Motor, and Stellantis. This decision came after the union and the automakers failed to reach an agreement on a new labor contract.
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