Jonathan Wong

Jonathan Wong

The Latest

  • U.S. Aims to Restrict Chinese Companies From Using 'American Cloud', Experts Call it Extreme Suppression
    Global Cloud Computing Industry
    According to a report by the Wall Street Journal on July 4, the Biden administration is preparing to restrict Chinese companies from using U.S. cloud computing services.
  • Federal Reserve Research Predicts: Rate Cuts Might Not Surface Until 2026
    FED
    Recent documents from the Federal Reserve suggest that interest rate cuts might be delayed until 2026.
  • U.S. Dollar Bulls Retreat as Federal Reserve's Interest Rate Hike Cycle Nears an End: Hedge Funds Unwind Bets
    A picture illustration shows U.S. 100 dollar bank notes taken in Tokyo.
    Hedge funds are swiftly unwinding their bullish bets on the U.S. dollar, as the Federal Reserve may soon end its current interest rate hike cycle.
  • Virgin Galactic Marks First Commercial Space Flight, Yet Shares Take a Nosedive
    VSS Imagine
    Nearly two decades since its inception, the aviation company Virgin Galactic has reached a milestone with the launch of its long-awaited first commercial space flight.
  • Sweet No More? Sugar-Free Beverages Face Potential Carcinogen Concerns
    diet coke
    Recent research suggests that acesulfame, a sweetener widely used in low-sugar and sugar-free food and drinks, could be a potential carcinogen, a development that could send ripples through the food industry.
  • Biden Takes on Sleep Apnea with CPAP Machine, Visible Facial Marks Evident
    IN HOT SEAT
    According to a report by Bloomberg, White House officials announced on the 28th that President Biden has recently started using a Continuous Positive Airway Pressure (CPAP) machine to treat his long-standing condition, sleep apnea.
  • Fed Chair Powell Hints at Interest Rate Hikes in July and September
    SECOND TERM
    Federal Reserve Chairman Jerome Powell has once again indicated a commitment to increasing interest rates, citing the resilience of the U.S. economy. On Wednesday, he emphasized that more tightening policies will be forthcoming this year. Powell suggested that the Federal Reserve might hike interest rates in July and September to curb persistent price pressures and cool off an unexpectedly strong U.S. labor market.
  • U.S. Real Estate Market's Soft Landing: Implications for the Federal Reserve's Next Move?
    A house built by the D.R. Horton company is seen for sale in Arvada
    Current indicators suggest that the U.S. real estate market is headed for a soft landing ahead of the broader economy. The sector has shown signs of recovery since Q2, notably in new home construction and existing home sales.
  • John B. Goodenough, Lithium-Ion Battery Pioneer and Nobel Laureate, Dies at 100
    John B. Goodenough, Lithium-Ion Battery Pioneer and Nobel Laureate, Dies at 100
    John B. Goodenough, a Nobel laureate and a pioneering figure in the development of lithium-ion batteries, died on Sunday, June 25, just one month shy of his 101st birthday. The American scientist was a leading figure in scientific research throughout his career, contributing significantly to advancements in energy storage technology.
  • Tesla Takes a 5% Plunge: Goldman Sachs is the Latest Wall Street Titan to Downgrade Ratings
    TESLA BTC SOLD
    Goldman Sachs has recently downgraded Tesla's stock rating from "Buy" to "Neutral", setting a target price at $248. This decision continued Tesla's downward trend from last week, as the stock fell by more than 5% on Monday, dipping to approximately $243.
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