California tech giant Intuit to cut 10% of workforce and shift focus to AI technology
California-based financial software giant Intuit recently announced plans to lay off 1,800 employees, approximately 10% of its workforce, and start…
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Dollar’s Strength Impacts Exports, But Americans Are Exporting More Fiercely
The current strength of the US dollar is nearing its highest level this year. Since the end of 2023, the…
Shandong woman sells house for 1.8 million, buys back for 1.2 million: People say it’s a big loss
In recent years, the Chinese real estate market has been continuously sluggish, with housing prices plummeting relentlessly. A woman from…
Chinese three major airlines forecast a combined loss of up to 7.4 billion in first half of the year.
In the evening of July 11th, Air China, China Southern Airlines, and China Eastern Airlines successively released their performance forecasts…
Kroger and Albertsons to Sell 63 California Stores After Merger
On July 9, the super chain supermarkets Kroger and Albertsons announced the list of 579 underperforming food and miscellaneous stores…
Why is there No Room for Innovation under the Rule of the Chinese Communist Party?
In recent decades, China has experienced rapid development and has emerged as one of the world’s largest economies. It is…
Biden Administration to Allocate $1.7 Billion to Support U.S. Electric Vehicle Production Assembly
The Biden administration is set to allocate $1.7 billion to assist automobile manufacturers such as General Motors, Fiat Chrysler, and…
Crackdown on Financial Fraud Before the Third Plenum: Analysis on the CCP’s Money Grab
Recently, six departments of the Chinese Communist Party jointly issued a document claiming to crack down on financial fraud in…
Apple reconciles with the EU, opens mobile payment system to competitors.
The European Union antitrust regulatory agency on Thursday (July 11) accepted Apple’s commitment to allow competitors to use the contactless…
Mainland Unemployment Rate Rising, Post-80s Women Cry in the Streets.
In 2024, the number of college graduates in mainland China reached 11.79 million, with many facing unemployment immediately upon graduation….