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China is in the midst of a profound economic crisis. Growth rates are flagging as an unsustainable mountain of debt piles up; China’s debt-to-GDP ratio reached a record 288% in 2023. But even that eye-popping figure does not capture the uncomfortable fact that much of it was borrowed to buy assets that no longer yield enough income to repay the debt. This is especially true in the housing sec…

Acquaintances are likely to be more vital to your online job search than close friends or family, according to a new study.

Researchers from the Massachusetts Institute of Technology (MIT), Harvard, Stanford, and LinkedIn conducted the largest-ever study on the impact of social media on the labor market, and have determined that “moderately weak” social ties are more beneficia…