New York Sues Prediction Market Platform Kalshi, Alleging Illegal Gambling Operation
New York State has initiated legal action against Kalshi, a prominent prediction market platform, by filing a lawsuit that accuses…
Finance & Investment
Federal Reserve Holds Interest Rates Steady Amidst Rising Dissent and Unclear Policy Direction
Washington D.C. – July 29, 2026 – The Federal Reserve, under the chairmanship of Kevin Warsh, concluded its two-day meeting…
China’s Export Growth Stalls as U.S.-Bound Shipments Decline in July
BEIJING – A critical engine of the Chinese economy, its export sector, experienced a significant slowdown in July, with shipments…
Dow Plunges Over 1,000 Points as Fed Holds Rates Steady Amid Rising Oil Prices
New York, NY – March 5, 2026 – The Dow Jones Industrial Average experienced a sharp decline of over 1,000…
Federal Reserve Under Kevin Warsh Ushers in New Era of Communication with Streamlined FOMC Statements
New York, NY – July 29, 2026 – Economists and investors are closely scrutinizing the Federal Reserve’s evolving communication strategy,…
US FCC’s Robotic Restrictions Spark Retaliation Threats from China Amidst Escalating Tech Tensions
BEIJING – China’s Ministry of Commerce issued a stern warning on Thursday, threatening retaliation against the United States after the…
AI Arms Race Heats Up in Asia: US Seeks to Counter China’s Growing Influence
BEIJING – The intensifying artificial intelligence race between the United States and China is casting a long shadow across Asia,…
