It wasn’t just Gen Z and young millennials sneaking out of work and secretly taking some time off over the summer months. Bosses have been at it too. New research has found that productivity really does dip over the peak summer months—and that’s because workers, from the front line to corporate management, are ditching their
President Donald Trump is moving toward levying a new tariff on China that would penalize the world’s second-largest economy for flooding the global market with underpriced goods, according to three people familiar with the matter. Two of the people, who spoke on condition of anonymity to discuss internal deliberations still being finalized, said Trump is
“We’re seeing a significant shift in how Asia-based firms are looking at cross-border business,” Sarita Singh, Stripe’s regional head and MD of Southeast Asia, Greater China and South Korea, tells Fortune. “There’s been a big push to find customers and grow outside of the home country.” This marks a departure from the earlier playbook of
The Trump administration is preparing to revoke the business and tourism visas of up to 200,000 foreigners who have applied for or are currently seeking asylum status in the United States. If it happens, the move would be the largest single mass revocation of visas in U.S. history and would likely face legal challenges. Unless
The US Securities and Exchange Commission has sent subpoenas to major Wall Street banks regarding the hedge fund Situational Awareness, according to people familiar with the matter. The information being sought is related to the trading activity of the hedge fund, which came under pressure and was forced to exit many of its positions last
College move-in used to mean twin XL sheets, a shower caddy, and maybe a few posters taped to a cinder-block wall. For some families, that’s no longer going to cut it. Parents are shelling out thousands of dollars to turn their kids’ temporary dorm rooms into carefully designed spaces, complete with custom headboards, wallpaper, matching