Jonathan Wong
The Latest
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Storm Continues! U.S. Banking Industry Begins to Cut off Binance's Access to Banking Systems
The grand legal war between the SEC and the crypto world initially affected Binance.US, leaving cryptocurrency exchanges facing a genuine moment of survival. 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
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. 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 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. 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. -
Gulf Coast Residents Beware: CDC Warns of Potent, Endemic Bacteria with High Fatality Rate
Burkholderia pseudomallei, a lethal bacteria with a global fatality rate of approximately 50 percent, has been pronounced as endemic along the Gulf Coast of the United States by the Centers for Disease Control and Prevention (CDC). Burkholderia pseudomallei, a lethal bacteria with a global fatality rate of approximately 50 percent, has been pronounced as endemic along the Gulf Coast of the United States by the Centers for Disease Control and Prevention (CDC). -
Boosted by the 'Musk Effect,' Neuralink's valuation reaches $5 billion, according to media reports
On Tuesday, June 6, media outlets reported that despite the far-off possibility of going public, the brain-machine interface company Neuralink, led by Elon Musk, has an estimated valuation of approximately $5 billion, according to insiders. On Tuesday, June 6, media outlets reported that despite the far-off possibility of going public, the brain-machine interface company Neuralink, led by Elon Musk, has an estimated valuation of approximately $5 billion, according to insiders. -
Texas Sheriff Seeks Legal Action Over Migrant Relocation by Florida Governor DeSantis
Texas authorities are seeking legal recourse against a controversial migrant relocation operation spearheaded by Florida Governor Ron DeSantis. The Bexar County Sheriff's Office in Texas has proposed filing criminal charges over DeSantis' orchestration of flights transferring 49 undocumented migrants from San Antonio, Texas to Martha's Vineyard, Massachusetts last year. Texas authorities are seeking legal recourse against a controversial migrant relocation operation spearheaded by Florida Governor Ron DeSantis. The Bexar County Sheriff's Office in Texas has proposed filing criminal charges over DeSantis' orchestration of flights transferring 49 undocumented migrants from San Antonio, Texas to Martha's Vineyard, Massachusetts last year. -
May's U.S. Employment Growth Surpasses Predictions, Possibly Impacting Fed's Interest Rate Plans
The United States witnessed a stronger-than-anticipated surge in job numbers during May, a development that might enable the Federal Reserve to forego its first interest rate rise this month, breaking a pattern of vigorous policy tightening that commenced over a year ago. The United States witnessed a stronger-than-anticipated surge in job numbers during May, a development that might enable the Federal Reserve to forego its first interest rate rise this month, breaking a pattern of vigorous policy tightening that commenced over a year ago. -
Boeing CEO Unfazed by COMAC's C919: Sees Future in Technological Leadership
Dave Calhoun, Chief Executive Officer of American aircraft manufacturer Boeing Co (BA.N), has shrugged off concerns over the potential challenge posed by China's first domestically-built C919 narrowbody passenger jet to the global market dominance maintained by Boeing and European rival Airbus SE (AIR.PA). Dave Calhoun, Chief Executive Officer of American aircraft manufacturer Boeing Co (BA.N), has shrugged off concerns over the potential challenge posed by China's first domestically-built C919 narrowbody passenger jet to the global market dominance maintained by Boeing and European rival Airbus SE (AIR.PA). -
US House Green-lights Debt Ceiling Bill, Embraces Bipartisan Support Despite Opposition
A split US House of Representatives has successfully passed a bill to provisionally suspend the country's $31.4 trillion debt ceiling. The decisive Wednesday vote revealed a majority backing from both Democrats and Republicans, strong enough to overshadow the objection led by hardline conservatives, thus averting a potential catastrophic fiscal default. A split US House of Representatives has successfully passed a bill to provisionally suspend the country's $31.4 trillion debt ceiling. The decisive Wednesday vote revealed a majority backing from both Democrats and Republicans, strong enough to overshadow the objection led by hardline conservatives, thus averting a potential catastrophic fiscal default. -
Critical Vote on Biden-McCarthy Debt Ceiling Legislation Looms in House
The House, under Republican leadership, is gearing up to vote on Wednesday on the vital debt ceiling legislation jointly negotiated by Speaker Kevin McCarthy and President Joe Biden, an effort to stave off a potential fiscal disaster. The House, under Republican leadership, is gearing up to vote on Wednesday on the vital debt ceiling legislation jointly negotiated by Speaker Kevin McCarthy and President Joe Biden, an effort to stave off a potential fiscal disaster.