US economy

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

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

News Summary Recent shifts in corporate America reveal an alarming trend as companies backtrack on diversity, equity, and inclusion (DEI) initiatives. Key players like Citigroup,

News Summary Tesla has made significant progress in getting its self-driving Autopilot feature approved for city streets in China. CEO Elon Musk announced that select

News Summary At Apple’s annual meeting, shareholders demonstrated strong support for the company’s Diversity, Equity, and Inclusion (DEI) policies, rejecting attempts from a conservative group

News Summary McKinsey & Company has appointed Joe Ngai as the new senior partner and chairman for Greater China, aiming to strengthen its strategy in

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

News Summary Joann Inc., the popular crafting store chain, has announced the closure of all 800 U.S. retail locations following its second Chapter 11 bankruptcy

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

News Summary Taiwan’s semiconductor industry faces uncertainty as U.S. tariffs on imported chips loom. Taiwanese chipmaker Vanguard warns that these tariffs could elevate prices and