Author: ADAC GTMasters
Federal Reserve Faces DOJ Subpoena: What It Means for Financial Tech In a surprising turn of events, Federal Reserve Chairman Jerome Powell confirmed on January 12 that the Department of Justice (DOJ) has issued a subpoena to the central bank. The move, announced during a brief press briefing, signals a heightened scrutiny of the Fed’s role in the rapidly evolving financial technology landscape. The subpoena, which requests detailed records on the Fed’s oversight of digital asset platforms and cross‑border payment systems, could reshape compliance frameworks for fintech firms worldwide. Background and Context The Federal Reserve has long been the guardian…
NYC nurses strike: 15,000 staff walk off in three hospital systems over contract disputes On Monday, January 12, 2026, a wave of protests swept through New York City’s most prominent hospitals as roughly 15,000 nurses walked off the job in a coordinated strike that has already begun to strain patient care and hospital operations. The strike, involving the NewYork-Presbyterian, Mount Sinai Health System, and NYU Langone Health, marks the largest nursing walkout in the city’s history and signals a growing crisis in healthcare labor relations. Background and Context For years, New York City’s nursing workforce has faced mounting pressure from…
U-Haul anti‑Iran protest incident shocks Los Angeles as a rental truck barrels through a crowd of demonstrators, leaving dozens injured and raising urgent questions about protest safety and corporate accountability. The incident, captured on video and shared across social media, unfolded on Monday, January 12, 2026, when a U‑Haul truck entered a tightly packed anti‑Iran rally near the intersection of 6th and Main Streets, forcing protesters to scramble for cover. Background and Context Anti‑Iran protests in Los Angeles have intensified in recent months amid escalating tensions between the United States and Tehran. President Trump’s administration has repeatedly criticized Iran’s nuclear…
Tech titans are flooding Trump’s super‑PAC with record‑breaking donations, a move that could reshape the administration’s AI agenda and signal a new era of corporate influence in federal policy. In the first year of President Donald Trump’s second decade in office, a dozen high‑profile donors—ranging from Silicon Valley CEOs to NFL owners—have each given at least $1 million to the MAGA Inc. super‑PAC, a level of giving unprecedented in their political histories. Background/Context Trump’s 2024 election victory marked a turning point for the super‑PAC, which had previously relied on smaller, more predictable contributions. According to an NBC News analysis of Federal…
2026 Golden Globe awards lit up Hollywood on January 12, 2026, with record‑breaking viewership and a historic sweep by director Chloe Zhao for Best Dramatic Film with Hamnet. The ceremony, broadcast live from the Beverly Hilton, also introduced the first-ever Golden Globe for Best Podcast, awarded to Amy Poehler’s “Good Hang with Amy Poehler.” Amid the glitz, the event underscored shifting industry dynamics—from streaming dominance to a renewed focus on sustainability and diversity—while offering fresh pathways for international students eyeing careers in film and television. Background/Context The 2026 Golden Globe awards marked the 83rd annual ceremony, the first to be…
Chloe Zhao stunned the film industry by winning the Golden Globe for Best Dramatic Film for “Hamnet,” marking a historic moment for the director and the industry. Background/Context The 2026 Golden Globe Awards, held on January 12 in Los Angeles, saw Chinese‑American director Chloe Zhao take home the coveted Best Dramatic Film trophy for her poignant biopic “Hamnet.” The film, which chronicles the life of William Shakespeare’s ill‑fated son, was Zhao’s first foray into period drama after her Oscar‑winning work on “Nomadland.” Her triumph follows a string of accolades, including a 2021 Academy Award for Best Director, making her the…