A wave of abrupt job cuts is sweeping across multiple sectors in 2025, leaving thousands of workers not only unemployed but also without severance pay or continued healthcare coverage....
The 100% tariff announced by President Trump on movies produced outside the U.S. aims to revive the “dying” American film industry by discouraging studios from filming abroad, where tax incentives...
The U.S. labor market demonstrated continued resilience in April, adding 177,000 jobs and keeping the unemployment rate unchanged at 4.2%, according to the latest data from the Bureau of Labor...
The luxury fashion industry is facing a profound reckoning in China, a market that once powered its global growth. In 2024, the Chinese mainland luxury market experienced a historic...
China has recently accelerated its de-dollarization efforts by dumping approximately $22.7 to $23 billion worth of US dollars and Treasury bonds, significantly reducing its holdings from...