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FINANCE

Police Detain Evergrande Wealth Management Staff in Latest Blow to Embattled Property Developer

Several employees of Evergrande’s financial subsidiary, Evergrande Wealth Management, have been detained according to a statement released by the Shenzhen police department. The statement didn’t reveal the number of employees
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US Officials Highlight Depth of China’s Economic Crisis

Following meetings with their counterparts from the People's Republic of China (PRC), officials of the Biden administration, including U.S. President Joe Biden himself, have noted Beijing's unusual straightforwardness when it
As Biden Touts Economic Successes, Experts Recommend Caution
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NYS: Proposed New York-only Work Visas for Migrants Met With Mixed Reactions
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More Than 60% of American Adults Living Paycheck-to-Paycheck, Study Reveals
US-ECONOMY-INFLATION
From Evergrande to Country Garden: How China’s Property Titans Mirror Broader Economic Woes
NYC: Number of Airbnb Rentals Set to Plummet As New Rules Come Into Effect
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Cattle Prices Rising as Livestock Shortage Hits the Market
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Audi CEO Targets China Market for High-End EVs
German high-end automobile manufacturer Audi must rush to adjust its lineup to meet the demand for electric...
Made In America will be funded by a Senate bill removing the de minimis tariff exemption on mainland Chinese imports
Senate Bill Adds Tariff to Small Consumer Imports From China, Proceeds Will Fund Made-in-America
A bipartisan bill introduced into the United States Senate that will eliminate an exemption on tariffs...
The Federal Reserve has paused interest rate hikes but will not be cutting for years to come, Powell says.
Fed Pauses Rate Hikes After 15 Months, But Chairman Says Job Not Finished
The central bank of the United States, the Federal Reserve, has paused increases to its key interest...
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Toyota Bets on Cutting-Edge Battery Tech to Compete in EV Market
Toyota has announced plans to launch high-performance solid-state batteries that are cheaper to produce...
Starbucks banned Pride fearing a boycott, the union claims. Headquarters says it did not.
Starbucks Union Accuses Chain Of Banning Pride, Head Office Denies
A union of employees for iconic international coffee chain Starbucks accused the corporation of banning...
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AI in the Courtroom: OpenAI Faces Lawsuit Over Defamatory Claims Made by Chatbot
Despite artificial intelligence (AI) chatbots and software soaring in popularity in recent months, some...
ESPN Director Kyle Brown died from a medical emergency at the NCAA baseball tournament in North Carolina
ESPN Director, 42, Dies From ‘Medical Emergency’ During NCAA Baseball Tournament
Another sudden death has rocked the U.S. media landscape after a 42-year-old Director-level employee...
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Victims of Jeffrey Epstein Reach $290 Million Settlement With JPMorgan Chase
NEW YORK, New York — On June 12, JPMorgan Chase reached a whopping $290 million settlement in a lawsuit...
The WSJ has published a rare piece of dissent against the transgender movement.
Wall Street Journal Dissents on Puberty Blockers, ‘Gender-affirming Care’
Commentary With the advent of Environmental Social Governance (ESG), a system that mimics the Chinese...