Subway Ridership Reaches New High, Exceeds 4.6 Million for First Time Since Pandemic
New York Governor Kathy Hochul announced on December 5th that the subway ridership in New York City has hit a…
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JPMorgan Chase CEO: Inflation Will Not Decrease But US Economy Still Strong
On December 9, 2025, JPMorgan Chase CEO Jamie Dimon stated on Sunday that inflation does indeed exist and may not…
Trump allows Nvidia to sell H200 chips to China.
On Monday, December 8th, President Trump announced that chipmaker NVIDIA would be allowed to export its H200 artificial intelligence (AI)…
Zhejiang Financial Asset Trading Center Explodes a Financial Scandal Involving 20 Billion Yuan
Recently, multiple financial wealth management products at the Zhejiang Financial Assets Trading Center (referred to as “Zhejin Center”) have faced…
9000 bank branches closed in China, 370 banks deregistered, exceeding the same period last year.
As of December 8th, a total of 377 banks in China have been deregistered this year due to mergers or…
Trump announces $12 billion aid plan to support farmers.
On December 9, 2025, President Trump announced a $12 billion aid plan to support farmers in the United States. The…
BIS Warning: Retail Investors Driving Rarely Seen Gold and US Stock Market Overheating
International Settlement Bank (BIS) issued a quarterly report on Monday (December 8th) warning that this year’s surge in gold prices…
Mars’ “Family Fun” Merger Approved by EU for $36 Billion Acquisition
The European Commission announced on Monday (December 8th) that it has approved candy and snack giant Mars’ acquisition of Kellanova,…
Baidu launches its largest layoff plan in recent years.
**Baidu Initiates Large-scale Layoffs, Thousands of Employees Affected** In a recent move, the search giant Baidu in China has initiated…
Paramount Invests $10.84 Billion to Acquire Warner Bros. Discovery
Warner Brothers Exploration (WBD) board’s inclination towards a $72 billion deal with Netflix, Paramount has launched a direct all-cash acquisition…