News

Stock Market Swings as Trade Policy Uncertainty Continues On Tuesday, the U.S. stock market faced another turbulent session as investors grappled with renewed concerns over trade policy uncertainty. Early in the day, all three major indexes suffered steep losses following an intensified stance from the administration on imposing additional tarif…

Government Takes Action to Stabilize Market In an unusual move, Japan's government initiated an auction on Monday to release its Japan Emergency Rice Reserves, aiming to curb the soaring prices of the staple food. Over the past year, rice prices have nearly doubled due to multiple factors, including supply chain disruptions and a series of extre…

Rising Demand for Elderly Care Solutions With a rapid increase in its aging population, Singapore is turning to AI for elderly care as a viable solution. By 2030, approximately a quarter of Singapore’s population will be 65 years or older, a significant rise from one in ten in 2010. With the growing demand for healthcare services, it is estimate…

Fain’s Stance on Tariffs and Trade Policies United Auto Workers (UAW) President Sean Fain recently expressed support for the current administration’s tariff policies, a position that may seem unusual given the union’s historical alignment with Democratic leaders. Speaking on a major news program, Fain emphasized the urgent need to address trade …

SSA Leadership Raises Concerns Over Outsider-Led Cuts The Social Security Administration (SSA) is undergoing significant changes following efforts led by the Department of Government Efficiency (DOGE), a newly established agency tasked with investigating government waste. Acting SSA Commissioner Leland Dudek has reportedly voiced concerns about …

Retail Turnaround Gains Momentum Gap Inc. has reported a significant earnings boost, impressing Wall Street and reinforcing the company’s ongoing turnaround. Chief Executive Officer Richard Dickson highlighted the retailer’s progress, stating that all four of its brands—Gap, Old Navy, Banana Republic, and Athleta—are gaining market share despite…

Nvidia’s Expanding Role in AI-Driven Healthcare Nvidia, a leading name in artificial intelligence (AI) and semiconductor technology, is setting its sights on the healthcare industry, which it estimates as an AI-driven market worth over $100 billion. The company has been making significant advancements in AI applications tailored for the medical …

Senate Moves to Roll Back Consumer Protection Regulations The Senate votes to overturn regulations that previously granted the Consumer Financial Protection Bureau (CFPB) the authority to supervise digital payment platforms, including those operated by major technology companies such as PayPal, Google, and Apple. The 51-47 vote, largely divided …

Introduction of the 'Insights' Tool and Editorial Changes The Los Angeles Times has unveiled a new AI-powered tool, "L.A. Times Insights," designed to analyze the political viewpoint of select articles. The tool, announced by the newspaper’s owner and executive chairman, Dr. Patrick Soon-Shiong, aims to provide readers with a clearer understandi…

Market Selloff Amid Tariff Uncertainty Global financial markets experienced a significant downturn following the announcement of new trade tariffs, which sparked fears of an escalating trade dispute that could slow economic growth. Asian stocks plummeted to their lowest level in a month after the U.S. confirmed that tariffs on key trading partne…