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Interest-free loans and even forgivable grants for home repairs—these Southern California cities offer great perks

Interest-free loans and even forgivable grants for home repairs—these Southern California cities offer great perks

For issues like a leaking roof, aging plumbing, electrical faults, or a broken heating system or water heater—repairs that can easily cost thousands or even tens of thousands of dollars—many cities with large Chinese-American populations are now offering interest-free loans, and in some cases, grants that do not need to be repaid. Starting in October, […]

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Cooling Demand in China Leads to LVMH Revenue Missing Expectations

Cooling Demand in China Leads to LVMH Revenue Missing Expectations

Driven by weakening demand in China, revenue for LVMH’s largest division—Fashion & Leather Goods—fell by 5% last quarter, a decline far steeper than anticipated. This setback interrupts a recovery that had only just seen its first quarter of growth in two years. While strong demand for jewelry and solid performance from the beauty retailer Sephora […]

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“Doing Nothing”: 60,000 Californians Enjoy Pensions Exceeding $100,000—With the Highest Reaching $460,000

“Doing Nothing”: 60,000 Californians Enjoy Pensions Exceeding $100,000—With the Highest Reaching $460,000

Public pension expenditures in California continue to rise, with some retired public servants receiving annual pensions reaching hundreds of thousands of dollars. According to a report by The California Post, 63,107 retirees in the California Public Employees’ Retirement System (CalPERS) receive annual pensions of at least $100,000, totaling $6.3 billion; the highest-paid recipient received $462,784 […]

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New York Father and 5-Year-Old Son Shot by ICE Agents; Mandani Demands Trump Halt ICE Operations in NYC

New York Father and 5-Year-Old Son Shot by ICE Agents; Mandani Demands Trump Halt ICE Operations in NYC

Immigration and Customs Enforcement (ICE) detectives opened fire in the Marble Hill neighborhood at the intersection of Bronx and Manhattan on the afternoon of 8th, injuring one person and taking two others to hospital with injuries in the incident. The injured were conscious and their injuries were reportedly not life-threatening; Governor Kathy Hochul asked the […]

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Activision states that the market for game cheats is worth $8.5 billion annually

Activision states that the market for game cheats is worth $8.5 billion annually

Ahead of the release of Call of Duty: Modern Warfare 4, Activision discussed the “multi-billion dollar market” behind video game cheating. Cheating is an issue that plagues almost all online games, and Call of Duty is particularly notorious in this regard—a reputation further cemented by its free-to-play battle royale mode, Warzone. Like other game companies, […]

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US Returns 58 Artifacts and Fossils to China Ahead of Trump-Xi Meeting

US Returns 58 Artifacts and Fossils to China Ahead of Trump-Xi Meeting

On the 16th (local time), ahead of the scheduled meeting between Trump and Xi, the Chinese Embassy in the United States held a handover ceremony for the repatriation of cultural artifacts. China received 58 items—including cultural relics, artworks, and paleontological fossils—returned by the Cultural Property, Art, and Antiquities Program of U.S. Homeland Security Investigations. Chinese […]

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Ross Wildfire in Texas Burns for Over Two Weeks

Ross Wildfire in Texas Burns for Over Two Weeks

A wildfire near the town of Ross in Palo Pinto County, North Texas, has been burning for over two weeks, scorching at least 90,400 acres and becoming the second-largest wildfire in North Texas history. According to the Texas A&M Forest Service, the fire is currently 76% contained, though the area remains on high alert. CBS […]

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NEC establishes a “fully AI-powered, unmanned department” where AI managers automatically generate employees.

NEC establishes a “fully AI-powered, unmanned department” where AI managers automatically generate employees.

Kyodo News reported on August 3 that NEC has established a new, fully AI-powered, unmanned department where AIs with different roles autonomously complete a range of business processes, from task allocation to business analysis. This new department, established in early August, has four levels of AI, each assuming different responsibilities, including “department head,” “board of […]

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The Dutch Central Bank’s massive gold transfer

The Dutch Central Bank’s massive gold transfer

The Dutch central bank (DNB) confirmed on August 2nd that, due to “escalating geopolitical turmoil,” it has transferred 86 metric tons of gold, worth billions of dollars, from the United States and Canada to London, England, where it is currently held by the Bank of England for easier trading in a “crisis situation.” According to […]

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