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Take Fed forecast with a grain of salt. It has a terrible track record

The U.S. Federal Reserve Building in Washington, D.C.Win Mcnamee | ReutersOn Wednesday, the Federal Reserve will publish its latest economic forecasts. There will be an intense focus on the Summary of Economic Projections, which is the Fed's own estimates for GDP growth, the unemployment...

TikTok Rolls Out New Software to Track Employees’ Attendance

There's nothing to excitedly dance about for U.S.-based TikTok employees who have been ordered to return to office — and now management is implementing an internal tracking tool to ensure workers are showing up as expected.According to...

China VC deals plunge, on track for worst pace in more than seven years

Chinese ride-hailing giant Didi delisted from the New York Stock Exchange just months after its June 2021 IPO after a now-resolved regulatory probe that had forced Didi to suspend new user registrations.Brendan McDermid | ReutersBEIJING — Slowing growth and geopolitical tensions are stifling...