Jonathan Wong
The Latest
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US Inflation Sees Moderate Rise Amid Gasoline Price Drop; Fed Expected to Hike Rates Again
In March, US consumer prices experienced only a slight increase due to a decrease in gasoline prices. However, persistent high rents continue to exert pressure on underlying inflation, which will likely prompt the Federal Reserve to raise interest rates again next month. In March, US consumer prices experienced only a slight increase due to a decrease in gasoline prices. However, persistent high rents continue to exert pressure on underlying inflation, which will likely prompt the Federal Reserve to raise interest rates again next month. -
Donald Trump Condemns Macron's China Visit, Accusing French President of Appeasement
Former US President Donald Trump has accused French President Emmanuel Macron of appeasing Chinese leader Xi Jinping during Macron's recent high-profile trip to Beijing. Trump, who is considering running for the presidency again in 2024, maintained a contentious relationship with China during his time in office, even though he referred to Xi as his "very good friend." Former US President Donald Trump has accused French President Emmanuel Macron of appeasing Chinese leader Xi Jinping during Macron's recent high-profile trip to Beijing. Trump, who is considering running for the presidency again in 2024, maintained a contentious relationship with China during his time in office, even though he referred to Xi as his "very good friend." -
US House to Consider Legislation Addressing Potential Security Threats from Huawei and ZTE
The US House of Representatives is scheduled to vote on a bill next week targeting Chinese telecommunications giants Huawei and ZTE Corp (000063.SZ), which the US government has identified as potential security threats. The US House of Representatives is scheduled to vote on a bill next week targeting Chinese telecommunications giants Huawei and ZTE Corp (000063.SZ), which the US government has identified as potential security threats. -
Eastern Ukraine Cities Suffer Russian Onslaught; US Investigates Classified Document Leak
As Russian forces persist in their assault on eastern Ukrainian cities with air strikes and artillery, US officials are intensifying efforts to identify the source of a leak involving classified US documents, including those related to Ukrainian counter-offensive strategies. As Russian forces persist in their assault on eastern Ukrainian cities with air strikes and artillery, US officials are intensifying efforts to identify the source of a leak involving classified US documents, including those related to Ukrainian counter-offensive strategies. -
Louisville Bank Shooting Leaves Four Dead, Eight Injured, Including Two Officers
In a tragic incident, four individuals were killed, and another eight were injured when a gunman, believed to be a former employee, opened fire at a bank in downtown Louisville, Kentucky, on Monday morning, according to the police. In a tragic incident, four individuals were killed, and another eight were injured when a gunman, believed to be a former employee, opened fire at a bank in downtown Louisville, Kentucky, on Monday morning, according to the police. -
IRS Unveils $80 Billion Funding Plan: Implications for Taxpayers
On Thursday, the IRS revealed its plan for using the nearly $80 billion in agency funding authorized through the Inflation Reduction Act in August, focusing on improving customer service, technology, and enforcement efforts. On Thursday, the IRS revealed its plan for using the nearly $80 billion in agency funding authorized through the Inflation Reduction Act in August, focusing on improving customer service, technology, and enforcement efforts. -
US Investigates Potential Domestic Source for Major Classified Intelligence Leak
US officials are scrambling to identify the source of a significant leak of highly classified military and intelligence documents that appeared online, covering a wide range of topics from Ukraine's air defenses to Israel's Mossad spy agency. Western security experts and US officials suspect that the source of the leak could be someone within the United States. US officials are scrambling to identify the source of a significant leak of highly classified military and intelligence documents that appeared online, covering a wide range of topics from Ukraine's air defenses to Israel's Mossad spy agency. Western security experts and US officials suspect that the source of the leak could be someone within the United States. -
Classified US Documents Related to Ukraine, China Leaked Online: National Security Secrets Exposed
An alarming leak of classified documents that reveal US national security secrets related to Ukraine, the Middle East, and China has surfaced online, with one intelligence official describing it as a "nightmare" situation. An alarming leak of classified documents that reveal US national security secrets related to Ukraine, the Middle East, and China has surfaced online, with one intelligence official describing it as a "nightmare" situation. -
US Job Growth Remains Strong in March; Wage Inflation Begins to Slow
US employers continued to exhibit robust hiring in March, resulting in the unemployment rate returning to 3.5%. This demonstrates the labor market's resilience and supports the Federal Reserve's plan to raise interest rates once more in the following month. US employers continued to exhibit robust hiring in March, resulting in the unemployment rate returning to 3.5%. This demonstrates the labor market's resilience and supports the Federal Reserve's plan to raise interest rates once more in the following month. -
Tesla Continues US Price Reductions for Electric Vehicles, Raising Concerns Over Profitability
Tesla has once again slashed prices in the United States for its electric vehicles, ranging from 2% to nearly 6%, according to the company's website on Thursday. This marks the fifth price cut in Tesla's largest market since January, raising concerns among analysts about potential impacts on profitability. Tesla has once again slashed prices in the United States for its electric vehicles, ranging from 2% to nearly 6%, according to the company's website on Thursday. This marks the fifth price cut in Tesla's largest market since January, raising concerns among analysts about potential impacts on profitability.