The unemployment rate for young people ages 16 to 24 in China has soared to record highs above 20% in May and April. Kevin Frayer | Getty Images News | Getty Images BEIJING — Ask young people about the Chinese job market, and the frequent answer is things are more difficult this year. Most people
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In this article EXPE Follow your favorite stocksCREATE FREE ACCOUNT An unusual summer scorcher or a new normal? Some travelers aren’t waiting to find out if this year’s heat wave in southern Europe is an anomaly or part of a longer-term pattern caused by climate change. Tom Marchant, co-founder of the London-based luxury travel operator
A class at Princeton University in New Jersey. Princeton University, Office of Communications When it comes to elite college admissions, most expert agree: The Supreme Court’s ruling on the affirmative action admission policies of Harvard University and the University of North Carolina could have an immediate impact on who gets in and why. And that may have far-reaching
Valentinrussanov | E+ | Getty Images The IRS has unveiled plans to offer digital correspondence for the 2024 tax season, building on the agency’s decade-long overhaul of improved service, technology and compliance. By 2025, the agency aims to achieve “paperless processing” for tax returns and so-called information returns, used by employers and financial institutions. related
OpenAI with Microsoft – Bing seen on mobile, seen in this photo illustration. Jonathan Raa | Nurphoto | Getty Images The sudden rise of generative artificial intelligence has led the biggest technology companies in the world to invest billions. For $20 a month, every small business can get started in gen A.I. use that may
International buyers are pulling back from the U.S. housing market, as high mortgage rates, soaring home prices, a meager supply of homes for sale and a strong dollar all make the purchases much less financially attractive. From April of last year to this March, international buyers bought roughly 84,600 homes; that’s the lowest number
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“The hardest thing in the world is to understand the income tax.” — Albert Einstein Every now and then, we are reminded that taxes can be complex and confusing, and understanding tax policy is an endeavor all its own. Even those of us who work at the Tax Foundation are not immune to this reality.
In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT Starbucks logo is seen on a cup in this illustration photo taken in the cafe at the airport in Charleroi, Belgium on July 27, 2023. Jakub Porzyck | Nurphoto | Getty Images Starbucks on Tuesday reported quarterly earnings that beat analysts’ expectations, but its same-store
In this article UBER Follow your favorite stocksCREATE FREE ACCOUNT Uber CEO Dara Khosrowshahi addresses the audience during the keynote at the start an Uber products launch in San Francisco, California on September 26, 2019. Philip Pacheco | Afp | Getty Images Shares of Uber rose 4% in premarket trading Tuesday after the company reported second-quarter results
HSBC’s U.K. headquarters are seen at the Canary Wharf financial district of London on July 31, 2018. Tolga Akmen | AFP | Getty Images LONDON — HSBC CEO Noel Quinn said Tuesday that the lender would not “exit a client based on their lawful personal views,” after Coutts’ termination of Brexit figurehead Nigel Farage’s account
President Joe Biden has a rule for his staff members: If you don’t take time off to tend to your personal life, you might get fired. Biden delved into the rule — which he developed as a U.S. senator — on a recent episode of life coach and former monk Jay Shetty’s “On Purpose” podcast.