In a bid to reduce reliance on foreign technologies, numerous Chinese agencies and state-backed companies have recently instructed their staff to refrain from bringing Apple iPhones and other foreign devices to work. This move aligns with China’s longstanding goal of promoting domestic semiconductor chip manufacturing and encouraging the adoption of local software. According to Bloomberg
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Next week, investors will closely monitor the release of the November personal consumption expenditures (PCE) index, the Federal Reserve’s preferred inflation gauge. This comes after recent data showed signs that the central bank’s efforts to cool down inflation are starting to take hold. With the stock market reaching new highs and Treasury yields dropping, investors
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President Joe Biden celebrated the recent record highs in the stock market this week, taking the opportunity to troll his predecessor, Donald Trump, for his previous prediction of a market collapse if Biden were elected. In a campaign video posted on X, Biden sarcastically wrote, “Good one, Donald.” This serves as a stark contrast to
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The recent FDA approval of zuranolone, a pill specifically designed to treat postpartum depression (PPD), is undoubtedly a significant scientific achievement. With two successful phase III trials, zuranolone joins the IV infused brexanolone as the only approved psychopharmacological treatments for PPD. The development of these drugs, which target allopregnanolone and modulate the GABAA receptor, not
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The German film, which has been selected as the official German Oscar entry for Best International Feature, presents an intense and gripping thriller that takes place within the confines of a school. This cinematic masterpiece serves as a microcosm of society in the year 2023, highlighting the prevalent issues of misinformation, lack of facts, deep
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China’s industrial output and retail sales growth in November 2023 indicated a mixed recovery for the world’s second-largest economy. While industrial output expanded at the fastest pace since February 2022, retail sales growth fell short of expectations. This article critically analyzes the data, considering the low base effect and the challenges faced by the Chinese
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