Discover government systems, policies, and decision-making to understand their impact on society.
Business Insights
U.S. businesses are expressing significant concern over President-elect Donald Trump's proposed mass deportation plans, fearing substantial labor shortages and economic disruptions across various industries. Sectors such as agriculture, hospitality, construction, and healthcare heavily rely on immigrant workers, many of whom are undocumented. The potential removal of these
Military & Defense
The United States has unveiled El Capitan, the world’s fastest supercomputer, at the SC Conference for supercomputing in Atlanta, Georgia. Designed to maintain the safety and reliability of the U.S. nuclear stockpile, El Capitan marks a major milestone in computational power. A New Era of Simulated Testing Following
Crypto
President-elect Donald Trump is deepening his engagement with the cryptocurrency sector, following his campaign's emphasis on digital assets. Reports indicate that Trump Media & Technology Group is in advanced discussions to acquire Bakkt, a cryptocurrency trading and brokerage platform. This potential acquisition has positively impacted both companies'
Tech Insights
The U.S. Department of Justice (DOJ) plans to request that a federal judge compel Google to divest its Chrome browser, aiming to dismantle the company's dominance in the search market. This move follows a recent ruling that Google has maintained an illegal monopoly in online search. Chrome,
Tech Insights
Chinese technology companies are intensifying their efforts to establish artificial intelligence (AI) teams in Silicon Valley, aiming to recruit top U.S. talent despite existing U.S. restrictions designed to curb China's advancements in this sector. Major firms such as Alibaba, ByteDance, and Meituan are expanding their California
Government
Vivek Ramaswamy, co-leader of the Department of Government Efficiency (DOGE), has announced plans to recommend the elimination of certain federal agencies as part of a comprehensive government restructuring. Appointed by President-elect Donald Trump alongside Elon Musk, Ramaswamy emphasized the necessity of reducing government size and spending. While specific agencies were
Economy
President-elect Donald Trump has announced the creation of the Department of Government Efficiency (DOGE), appointing Elon Musk and former GOP presidential candidate Vivek Ramaswamy to lead the initiative. The department aims to reduce $2 trillion from the federal budget by targeting inefficiencies and enhancing government operations. Musk has proposed creating
Banking
The World Bank is currently facing significant scrutiny due to reports of unaccounted climate funds and the prospect of budget cuts from the incoming Trump administration. An Oxfam report published in October 2024 revealed that between $24 billion and $41 billion of the World Bank's climate finance over
Economy
The Federal Reserve is approaching interest rate reductions with caution, influenced by several key factors: 1. Economic Resilience Despite previous rate hikes, the U.S. economy remains robust. Indicators such as steady GDP growth and low unemployment suggest that the economy can withstand current interest rates without immediate cuts. This
Semiconductors
The U.S. government has finalized a $6.6 billion grant to Taiwan Semiconductor Manufacturing Co. (TSMC) under the CHIPS Act, aiming to boost domestic semiconductor production. TSMC plans to invest $65 billion in a three-factory complex in Arizona, with the first facility set to open early next year. The
Cloud Computing
The Federal Trade Commission (FTC) is preparing to investigate Microsoft's cloud computing business over potential anti-competitive practices. The inquiry focuses on allegations that Microsoft may be using its market dominance in productivity software to enforce restrictive licensing terms, making it difficult for customers to move their data from
Economy
The U.S. dollar has experienced significant strengthening, reaching its highest levels in years. This surge is attributed to robust economic growth, higher interest rates, and increased investor confidence in the U.S. economy. A strong dollar has both advantages and disadvantages. On the positive side, it makes imports cheaper