Jerry Lin
The Latest
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Immigrant Workforce Surge Boosts U.S. Economy Amid Policy Debates: Report
The U.S. labor market is experiencing a significant shift as the share of immigrants in the workforce continues to rise, reaching a record 18.6% in 2023, according to the U.S. Bureau of Labor Statistics. This influx of foreign-born workers, accounting for about 31.1 million out of 167.1 million workers in the U.S., is not only reshaping the demographic composition of the labor force but also bringing substantial economic benefits, experts say. 
The U.S. labor market is experiencing a significant shift as the share of immigrants in the workforce continues to rise, reaching a record 18.6% in 2023, according to the U.S. Bureau of Labor Statistics. This influx of foreign-born workers, accounting for about 31.1 million out of 167.1 million workers in the U.S., is not only reshaping the demographic composition of the labor force but also bringing substantial economic benefits, experts say. -
Asset Liquidation Continues as Evergrande Chairman's Mansion Hits the Market
The unfolding saga of China Evergrande Group's financial collapse has taken another turn with the sale of a second mansion in Hong Kong linked to the company's chairman, Hui Ka Yan, as the beleaguered property giant continues to grapple with its debt crisis. 
The unfolding saga of China Evergrande Group's financial collapse has taken another turn with the sale of a second mansion in Hong Kong linked to the company's chairman, Hui Ka Yan, as the beleaguered property giant continues to grapple with its debt crisis. -
Country Garden Faces Liquidation Suit Amid China's Real Estate Turmoil
Amid escalating concerns in China's real estate sector, Country Garden, once a leading property developer, is now at the heart of a liquidation crisis that could have significant repercussions for the industry. 
Amid escalating concerns in China's real estate sector, Country Garden, once a leading property developer, is now at the heart of a liquidation crisis that could have significant repercussions for the industry. -
Eurozone Inflation Dips to 2.6% Amid Core Price Stickiness
Inflation in the Eurozone showed signs of easing in February, descending to 2.6%, yet the persistence of core prices above expectations underscores the ongoing challenge facing the European Central Bank (ECB). Despite a general anticipation of a headline reading at 2.5%, both the headline and core inflation figures surpassed economists' forecasts, according to flash data released on Friday. 
Inflation in the Eurozone showed signs of easing in February, descending to 2.6%, yet the persistence of core prices above expectations underscores the ongoing challenge facing the European Central Bank (ECB). Despite a general anticipation of a headline reading at 2.5%, both the headline and core inflation figures surpassed economists' forecasts, according to flash data released on Friday. -
January Inflation Data Aligns with Expectations, Yet Fed Rate Cut Timing Remains Uncertain
data for January unveiled a nuanced picture of the U.S. economic landscape, aligning with expectations yet signaling a complex path ahead for monetary policy adjustments. 
data for January unveiled a nuanced picture of the U.S. economic landscape, aligning with expectations yet signaling a complex path ahead for monetary policy adjustments. -
India's GDP Growth Hits 8.4% in Final Quarter of 2023"
India's economy concluded the year 2023 with a notable acceleration, as its Gross Domestic Product (GDP) experienced an 8.4% growth in the last quarter, surpassing the previous period's 7.6% increase, as reported by the nation's statistical office. 
India's economy concluded the year 2023 with a notable acceleration, as its Gross Domestic Product (GDP) experienced an 8.4% growth in the last quarter, surpassing the previous period's 7.6% increase, as reported by the nation's statistical office. -
Bitcoin Hits $62,000 in February Surge, Fueled by ETF Inflows and Halving Speculation
The cryptocurrency market, led by Bitcoin and Ether, has witnessed significant gains in February, marking a triumphant month for digital assets. Bitcoin, the pioneering cryptocurrency, saw its value surge by over 4% to reach $62,901.93 on the last day of the month, according to Coin Metrics data. 
The cryptocurrency market, led by Bitcoin and Ether, has witnessed significant gains in February, marking a triumphant month for digital assets. Bitcoin, the pioneering cryptocurrency, saw its value surge by over 4% to reach $62,901.93 on the last day of the month, according to Coin Metrics data. -
Coinbase Glitch Shocks Users with $0 Balances Amid Bitcoin's Surge
Coinbase, a leading cryptocurrency exchange platform, experienced technical glitches on Wednesday that left many users staring at a $0 balance in their accounts, causing widespread alarm and confusion among its customer base. 
Coinbase, a leading cryptocurrency exchange platform, experienced technical glitches on Wednesday that left many users staring at a $0 balance in their accounts, causing widespread alarm and confusion among its customer base. -
U.S. Housing Market Struggles Continue with Mortgage Applications Falling Amid 7% Rates
This downturn is mirrored by a concerning trend that sees home-buying demand nearing its lowest point since 1995, as mortgage rates remain steadfastly above the 7% mark. 
This downturn is mirrored by a concerning trend that sees home-buying demand nearing its lowest point since 1995, as mortgage rates remain steadfastly above the 7% mark. -
Bitcoin Soars Above $60,000, Eyeing Record High Amid ETF Buzz and Halving Anticipation
Bitcoin's recent surge above the $60,000 mark has reignited investor enthusiasm, reminiscent of the cryptocurrency's peak momentum back in 2021. The digital currency soared to $60,688.00, as per Coin Metrics, coming tantalizingly close to its all-time high of $68,982.20. Bitcoin's recent surge above the $60,000 mark has reignited investor enthusiasm, reminiscent of the cryptocurrency's peak momentum back in 2021. The digital currency soared to $60,688.00, as per Coin Metrics, coming tantalizingly close to its all-time high of $68,982.20.
