Author: cyrus
Amazon Sets 30-Day Relocation Deadline for U.S. Employees Amid Layoff Fears and Office Return Push
Key Points Policy Overview Amazon has implemented a relocation policy requiring corporate employees to move to major hubs. Employees must decide within 30 days whether [more…]
Trump Slams Fed After Rate Hold, Demands Immediate Cuts and Says Rates Should Be 2.5 Points Lower
Key Points Background Donald Trump has been vocal about his desire for the Federal Reserve to lower interest rates, citing economic benefits and comparing the [more…]
“Microsoft–OpenAI Partnership Under Strain as $20B Talks Stall and Tensions Escalate”
Key Points Background OpenAI, known for AI innovations like ChatGPT, has a complex partnership with Microsoft, involving significant investments and revenue-sharing. Recently, tensions have escalated [more…]
“U.S. Housing Starts Fall to Lowest Level Since Pandemic as Permits and Builder Sentiment Plunge in May”
Key Points Background Housing starts, which measure the number of new residential construction projects begun, have significantly declined, reaching levels last seen during the pandemic. [more…]
“Fed Holds Interest Rates Steady for Fourth Meeting, Signals Two Cuts in 2025 as Balance Sheet Reduction Ends”
Key Points Decision Overview On June 18, 2025, the Federal Reserve decided to maintain its key interest rate, marking the fourth consecutive meeting without a [more…]
“Jennifer Garner’s Baby Food Company Reportedly Files Confidentially for IPO, Eyes Listing as Early as 2025”
Key Points Company Overview Once Upon a Farm, co-founded by Jennifer Garner, Cassandra Curtis, Ari Raz, and John Foraker in 2015, is based in Berkeley, [more…]
“Fed Holds Rates Steady, Signals Two Cuts in 2025 as Dot Plot Reveals Hawkish Shift and Divided Outlook”
Key Points Current Rate and Projected Cuts The Federal Reserve currently maintains the federal funds rate at 4.25%-4.50%. Projections indicate two rate cuts in 2025, [more…]
“Volkswagen to Launch ID. Buzz Robotaxis on Uber’s U.S. Platform by 2026 as Self-Driving EV Fleet Expands”
Key Points Launch Details VW is planning to introduce its ID. Buzz robotaxis in 2026, with the first commercial service expected in Los Angeles. The [more…]
“Trump Unveils $499 ‘Made in America’ Smartphone Amid Skepticism Over China Manufacturing Links”
Key Points Background The Trump phone refers to the T1 Phone, part of Trump Mobile, launched by the Trump Organization. It’s claimed to be “designed [more…]
“Waymo Applies for NYC Self-Driving Car Permit as Mayor Adams Sets AV Testing Rules—Robotaxis to Operate with Safety Drivers”
Key Points Background Waymo, a leader in the robotaxi industry with over 250,000 weekly trips in cities like San Francisco, Phoenix, Los Angeles, and Austin, [more…]