There seems to be an epidemic sweeping through China. Over the last couple of decades, China has powered its economy to rival America’s dominance. The push by the Communist Party leaders hasn’t come without a cost. The country’s punishing hardcore work ethic has a dark underside to it. Fortune reported…

There are fast-growing trends that will shape the future of jobs. …

U-Haul-the rent-a-truck and schlep your bed, couches and belongings yourself company-puts together an annual list of the states the most Americans have moved to during the year. Tennessee, the business home of country music, Elvis Presley’s Graceland, Dollywood and The Great Smoky Mountains was ranked the number one destination for…

Payroll employment declined by 140,000 in December and the unemployment rate remained unchanged at 6.7%, reported the U.S. Bureau of Labor Statistics on Friday. The number of unemployed persons-10.7 million-was also unchanged as well in December. These numbers are significantly lower than the April highs, but about twice their pre-pandemic…

In Ernest Hemingway’s novel, The Sun Also Rises, a character named Mike Campbell is asked how he went bankrupt. He offers the sobering and famous line, “Two ways. Gradually, then suddenly.” J.C. Penney’s demise mirrors just that. …

It’s a cliche that New Yorkers move to sunny Florida when they retire. This trope is being updated. Now top Wall Street, hedge funds and financial services firms are moving out of New York and relocating or opening up offices in the Sunshine State. Virtu Financial Inc, a highly successful…

Unions used to dominate many American industries. However, over the years, their power has waned. Now, there are new signs that this trend may be changing. President-elect Joe Biden, on his website, states, “Strong unions built the great American middle class. …

Jack Ma, the multibillionaire founder of tech companies Alibaba and Ant Group, went missing after criticizing China’s financial system by calling for changes and reforms. Since he’s made these comments, Ma has not been seen in public for about two months. Ma is one of the wealthiest people in China…

America is known for its compulsive work ethic. Some would even say it’s an obsession. Pre-Covid-19, Americans would brag about their long hours worked. Many eschewed taking vacations or days off to show how important their jobs are. The pandemic, forcing people to stay home and making everyone aware of…