Korea has launched 2 ballistic missiles from the east coast on the 15th of July 2021 only before an hour of South Korea launching its missile tests based on submarine. President of South Korea Moon Jae-in had called the missile testing of North Korea proactive and defended the testing of its own country. Kim Yo … Read more
Apple has received a combined verdict issued by the federal judge in an anti-trust case which was being watched closely. The Court ruled that company must allow the developers to collect their payments directly from the users, but it stopped modifying the powerful app store’s role. The smartphones from Apple constitutes most of the smartphone … Read more
Last week, President Biden’s vaccination demand for major employers dominated the news. However, another initiative that has gone largely unnoticed might be critical in slowing the spread of Covid-19: the rapid proliferation of inexpensive at-home testing. The Biden administration plans to spend over 2 billion US dollars on 280 million quick Covid tests, which will be distributed … Read more
Following a week of extreme weather, US legislators are under increased pressure to modernise the country’s infrastructure so that future journeys do not require a canoe. Hurricane Ida knocked out electricity to 1 million Louisiana homes and businesses earlier this week, then dropped its remnants on the MAtlantic and Northeast on Wednesday. Ida’s leftovers killed … Read more
A Texas legislation went into effect at midnight on Wednesday, prohibiting abortions beyond six weeks of pregnancy, when many women are unaware they are pregnant. It is now, the most stringent abortion regulation in the country, and it may force many abortion clinics to close. It is after six weeks of pregnancy that at least 80% … Read more
One of the greatest — and probably the most contentious — pandemic-era humanitarian projects comes to a close today. Almost 3 million individuals would lose their federal government-provided additional $300 per week in subsidies. Over the summer, 25 states shut down the programme, claiming it was keeping prospective hires off the job market and contributing … Read more
The August employment data was as flat as a high school student’s performance of “Defying Gravity.” Employers in the United States added only 235K jobs last month, far less than the 720,000 projected. Hiring was projected to drop from 1100 K jobs added in July to 962 K jobs added in June, but not by this much. It … Read more
Economists waiting to know when tapering will start Slashing through the nonsense and explaining popular personal financial terminology in layman’s terms. Economists have been eagerly waiting for Jerome Powell to speak on tapering for weeks. Tapering is the process of gradually reducing the length of your runs leading up to race day in order to keep … Read more
Apple changing its stance for App economy and China tightening the screws on big tech accounting practices.
Reddit’s value is going up! Following its recent capital injection from Fidelity, Reddit, the ancestral cradle of memes, is now valued at $10 billion. Over the last 2.5 years, the value of the social media firm has more than quadrupled. The flood of exposure Reddit earned for its involvement in the meme stock craze this winter, … Read more