CORONAVIRUS UPDATE: CHINA EASTERN AIRLINES' A350 DEPARTED FOR ROME, ITALY FROM SHANGHAI, BRINGING 9 CHINESE MEDICAL EXPERTS AND 31 TONS OF MEDICAL SUPPLIES, INCLUDING PLASMA OF RECOVERED CORONAVIRUS PATIENTS, TO HELP ITALY FIGHT AGAINST THE VIRUS - GT
NY DOCTORS SAYS SUCCESSFULLY TREATED 400 PATIENTS WITH CORONAVIRUS INFECTION USING A COCKTAIL OF HYDROXYCHLOROQUINE, AZITHROMYCIN, AND ZINC SULFATE WITH ZERO DEATHS AND SIDE EFFECTS
THE U.S. HOUSING MARKET IS OFFICIALLY FROZEN SOLID.
ONLY 2.8% OF HOMES — ABOUT 28 OUT OF EVERY 1,000 — CHANGED HANDS IN THE FIRST NINE MONTHS OF 2025, THE LOWEST TURNOVER IN AT LEAST 30 YEARS (REDFIN).
CHINA HAS OFFICIALLY BANNED CRYPTOCURRENCY TRADING, MINING, AND RELATED SERVICES, CITING FINANCIAL RISKS, CAPITAL FLIGHT CONCERNS, AND ENVIRONMENTAL IMPACTS.
Community note
China banned crypto in 2021
Source
reuters.com/world/china/ch
CORONAVIRUS UPDATE: CHINESE SCIENTISTS HAVE DEVELOPED A NEW WEAPON TO COMBAT THE VIRUS. THEY SAY THEY HAVE FOUND A NANOMATERIAL THAT CAN ABSORB AND DEACTIVATE THE VIRUS WITH 96.5-99.9% EFFICIENCY
U.S. BANKING REGULATORS EXPLORING 'ROADMAP' FOR BANKS TO ENGAGE WITH CRYPTOCURRENCY - FDIC CHAIRMAN
U.S. BANKING REGULATORS EXAMINING CRYPTOCURRENCY CUSTODY SERVICES, COLLATERAL USE, AND BALANCE SHEET HOLDINGS - FDIC CHAIRMAN
BIG TECH COMPANIES LIKE AMAZON, MICROSOFT, META, ORACLE, SALESFORCE, AND INTEL HAVE CUT THOUSANDS OF JOBS IN 2025. SO FAR, OVER 100,000 TECH WORKERS HAVE LOST THEIR JOBS THIS YEAR AS COMPANIES TRY TO SAVE MONEY AND SHIFT TOWARD AI AND AUTOMATION.
AMERICA’S DEBT CRISIS EXPLODES: MILLIONS NOW DROWNING IN CAR LOANS, MAXED-OUT CREDIT CARDS AND PERSONAL LOAN DEFAULTS AS FICO SOUNDS THE ALARM ON SOARING DELINQUENCIES
A GROWING NUMBER OF YOUNG AMERICANS ARE PUBLICLY ADMITTING THEY HAVE NO INTENTION OF PAYING OFF THEIR DEBT, WITH THE TREND GAINING MOMENTUM ON TIKTOK AND OTHER SOCIAL MEDIA PLATFORMS.
NVIDIA CEO JENSEN HUANG: “WE’RE 100% OUT OF CHINA — FROM 95% MARKET SHARE TO 0%. WHATEVER POLICY DID THAT MADE AMERICA LOSE ONE OF THE WORLD’S BIGGEST MARKETS.”
WSJ: U.S. BEGINS QUIET RETREAT FROM TRUMP-ERA TARIFFS
The U.S. is gradually stepping back from several of former President Trump’s signature tariffs, signaling a shift in trade policy, according to the Wall Street Journal.
WALL STREET SHOCKER: MOST U.S. STOCK TRADING NOW HAPPENS IN THE SHADOWS — NOT ON EXCHANGES
For the first time in history, more than half of U.S. stock trading is happening off the public exchanges — funneled into dark pools and internal trading desks of major Wall Street firms.
VITAMIN D SUPPLEMENTATION FOR INDIVIDUALS OVER 50 IN GERMANY WAS LINKED TO A SIGNIFICANT DECREASE IN CANCER MORTALITY, POTENTIALLY PREVENTING NEARLY 30,000 CANCER DEATHS ANNUALLY.
APPLE IS SAID TO SHIFTING NEARLY A FIFTH OF ITS PRODUCTION CAPACITY FROM CHINA TO INDIA AND SCALING UP ITS LOCAL MANUFACTURING REVENUES, THROUGH ITS CONTRACT MANUFACTURERS, TO AROUND $40 BILLION OVER THE NEXT FIVE YEARS
VEHICLE REPOSSESSIONS SURGE TO HIGHEST SINCE 2009 — OVER 1.7 MILLION CARS SEIZED LAST YEAR AS AUTO LOAN STRESS DEEPENS AND THE TREND SHOWS NO SIGN OF SLOWING: WSJ