US economy

Consumer Confidence Takes a Dip in February

News Summary U.S. consumer confidence faced a significant decline in February, recording the largest drop in over four years. The…

2 months ago

Massive Layoffs Impact Federal Workforce Amidst New Policies

News Summary The new administration has initiated dramatic layoffs affecting the federal workforce, particularly targeting probationary employees. As President Trump…

2 months ago

Corporations Shift Gears on DEI Initiatives Amid Political Climate

News Summary Recent shifts in corporate America reveal an alarming trend as companies backtrack on diversity, equity, and inclusion (DEI)…

2 months ago

Tesla Advances Self-Driving Features in China

News Summary Tesla has made significant progress in getting its self-driving Autopilot feature approved for city streets in China. CEO…

2 months ago

Apple Upholds Diversity Policies Amidst Opposition

News Summary At Apple's annual meeting, shareholders demonstrated strong support for the company's Diversity, Equity, and Inclusion (DEI) policies, rejecting…

2 months ago

Leadership Change at McKinsey & Company in Greater China

News Summary McKinsey & Company has appointed Joe Ngai as the new senior partner and chairman for Greater China, aiming…

2 months ago

Court Upholds Fraud Convictions of Holmes and Balwani

News Summary The U.S. Court of Appeals has upheld the fraud convictions of Elizabeth Holmes and Ramesh Balwani for their…

2 months ago

Joann Inc. Closes All Stores Nationwide After Bankruptcy

News Summary Joann Inc., the popular crafting store chain, has announced the closure of all 800 U.S. retail locations following…

2 months ago

Apple’s $500 Billion Investment Boosts U.S. Manufacturing

News Summary Apple plans to invest over $500 billion in the U.S. over the next four years, focusing on advancements…

2 months ago

U.S. Tariffs on Chips Impact Taiwan’s Semiconductor Industry

News Summary Taiwan's semiconductor industry faces uncertainty as U.S. tariffs on imported chips loom. Taiwanese chipmaker Vanguard warns that these…

2 months ago