Wall Street changes its tune on China as DeepSeek and policy hopes win back investors: ‘Confidence does feel like it’s returned’

Wall Street changes its tune on China as DeepSeek and policy hopes win back investors: ‘Confidence does feel like it’s returned’

What a difference a year makes.  In early 2024, China was struggling through a sluggish post-pandemic recovery, thanks to weak consumption, ongoing worries about property, and a continued hangover from a regulatory crackdown on China’s tech sector.  The pessimism was reflected in equity markets: listings in Hong Kong, the traditional channel for Chinese companies looking…

The ‘menopause penalty’: Many women in midlife see a drop in wages, new study finds

The ‘menopause penalty’: Many women in midlife see a drop in wages, new study finds

Women already make just 84 cents to a man’s dollar. They also face additional earnings losses, should they become mothers, in the form of what’s been called the “child penalty“—with recent findings indicating a loss up to $500,000 over a 30-year career. Now comes a study asserting that women experience yet another drop in earnings…

Jury rules startup founder Charlie Javice guilty of defrauding JPMorgan Chase

Jury rules startup founder Charlie Javice guilty of defrauding JPMorgan Chase

A Manhattan jury on Friday issued a guilty verdict against Charlie Javice, the 33-year-old CEO who duped JPMorgan Chase into buying her student loan startup, and was charged with a series of fraud-related charges. The charges carry a maximum sentence of 30 years, and Javice will be sentenced in coming weeks. The verdict against Javice,…

American worker confidence just hit a record low and is even worse than it was during the darkest days of the pandemic  

American worker confidence just hit a record low and is even worse than it was during the darkest days of the pandemic  

Good morning! American employees are not feeling great about the future. In fact, their optimism is at an even lower point than it was during the height of the pandemic.  The U.S. worker confidence score for February of this year reached a record low of +24, according to new research from LinkedIn. That’s even worse…

Police arrested a 36-year-old Nevada man for allegedly firebombing five Teslas with molotov cocktails

Police arrested a 36-year-old Nevada man for allegedly firebombing five Teslas with molotov cocktails

Police display photos of Paul Hyon Kim on a television screen during a press conference on Thursday, March 27, 2025, at Metro Police Headquarters. Kim, 36, was arrested in connection with the fires set at a Tesla service center the week prior. Bizuayehu Tesfaye/Las Vegas Review-Journal/Tribune News Service via Getty Images https://fortune.com/img-assets/wp-content/uploads/2025/03/GettyImages-2206572544-e1743124577182.jpg?resize=1200,600 2025-03-28 06:09:00

Dollar Tree sold Family Dollar at a massive discount for just $1 billion. Just a decade ago, it was worth $9 billion

Dollar Tree sold Family Dollar at a massive discount for just $1 billion. Just a decade ago, it was worth $9 billion

Dollar Tree really has a discount for everyone. A group of private equity investors agreed to buy the flailing Family Dollar chain for $1 billion, a sharp loss for the Dollar Tree, which acquired it ten years ago for roughly $9 billion. Brigade Capital Management and Macellum Capital Management will take over the nearly 7,000 Family Dollar…

68% of parents with children under 6 say their kids need a ‘detox’ from technology. Here’s why that’s scary, say experts

68% of parents with children under 6 say their kids need a ‘detox’ from technology. Here’s why that’s scary, say experts

The combination of kids and too much screen time comes with no shortage of worries: cognitive delays, executive functioning issues, and higher rates of depression, anxiety, and insomnia are all associated with letting little eyes on smartphones, tablets, or other screens too early and too often.  Still, the research—as well as dire warnings, issued by…

Vietnam seizes 1.4 tons of ketamine as police bust country’s biggest synthetic drug factory

Vietnam seizes 1.4 tons of ketamine as police bust country’s biggest synthetic drug factory

Police in Vietnam busted the country’s biggest synthetic drug factory, seizing 1.4 tons of ketamine in the coastal tourist city of Nha Trang, the government said. A six-month operation to uncover the drug ring culminated last Saturday when 200 officers raided three linked facilities in the southern city and arrested 11 people, including a Taiwanese…

Sanofi exec says remote work takes away employee ‘serendipity’

Sanofi exec says remote work takes away employee ‘serendipity’

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Trump sets auto tariffs at 25%, drawing swift backlash. ‘The tariffs announced today will harm—not help,’ says world’s largest business association.

Trump sets auto tariffs at 25%, drawing swift backlash. ‘The tariffs announced today will harm—not help,’ says world’s largest business association.

President Trump pushed ahead with new tariffs on foreign-made cars and light trucks of 25%, he announced from the Oval Office on Wednesday. The new tariffs will launch on April 2 “and we’ll start collecting on April 3,” said Trump, adding the levies would not hit cars built in the U.S.  “This is going to…