Many master’s degrees aren’t worth the investment, research shows
Nearly half of master’s degrees have a negative financial return, according to new research by the Foundation for Research on Equal Opportunity, an economic research organization. The study indicates that many graduate degree programs do not increase lifetime earnings enough…
Biden quadruples tariffs on Chinese EVs
WASHINGTON — In a bid to revive domestic manufacturing, President Joe Biden announced Tuesday that he is imposing a drastic tariff increase on Chinese electric vehicles and new levies on computer chips, solar cells and lithium-ion batteries. “We’re not going…
UN report: Illegal wildlife trafficking is stubbornly prevalent
Illegal trafficking of plant and animal wildlife remains stubbornly prevalent, according to a U.N. report on Monday, and it is critical governments focus on more than just “iconic” species like elephants, where progress had been made. While seizures reported in…
8 more Chinese cities join Hong Kong solo travel scheme
HONG KONG — Eight Chinese cities have joined a program allowing their residents to travel to Hong Kong on their own, rather than as part of a tour group, as part of efforts to boost Hong Kong’s economy. Hong Kong…
China tests European unity through Xi Jinping’s trip
Taipei, Taiwan — Chinese President Xi Jinping concluded his high-profile European tour Friday after signing dozens of agreements with France, Hungary and Serbia, while reiterating Beijing’s desire to enhance “mutually beneficial cooperation” between China and Europe. Some analysts say Xi’s…
Biden set to impose tariffs on Chinese electric vehicles, sources say
WASHINGTON AND SAN FRANCISCO — U.S. President Joe Biden is set to announce new tariffs on China as soon as next week, targeting strategic sectors, including electric vehicles, according to two people familiar with the matter. The full announcement, which…
Economy is top issue for US voters
The U.S. economy is one of the biggest issues for voters in the 2024 presidential contest between Joe Biden and Donald Trump. Biden campaigned this week on new tech investments. Trump says he will roll back Biden infrastructure spending and…
Feds have ‘significant safety concerns’ about Ford fuel leak recall and demand answers about the fix
DETROIT — Federal investigators say they have “significant safety concerns” about a Ford SUV recall repair that doesn’t fix gasoline leaks that can cause engine fires. The U.S. National Highway Traffic Safety Administration is demanding volumes of information from the…
Air Vanuatu files for bankruptcy protection
MELBOURNE, Australia — Air Vanuatu filed for bankruptcy protection on Friday a day after the South Pacific state-owned carrier cancelled all international flights, stranding thousands of travelers. The airline on Wednesday canceled more than 20 flights to and from the…
Chinese cities lift curbs on buying homes as property crisis bites
Beijing — Two of China’s wealthiest cities said Thursday they would lift all restrictions on buying homes, joining a growing list of urban areas rolling back curbs as they look to prop up the faltering property market. Many Chinese cities…