AI layoffs hit U.S. but not China jobs — yet

College students look for employment opportunities at the Large-scale Recruitment Fair for Science and Engineering Universities on March 24, 2026 in Harbin, China. Tyne Chin | Getty Images News | Getty Images Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a succinct snapshot of…

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Howard Lutnick set for House Oversight interview

Commerce Secretary Howard Lutnick appears at the Senate Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies hearing to examine a review of broadband deployment funding at the Department of Commerce, on Capitol Hill in Washington, Feb. 10, 2026. Elizabeth Frantz | Reuters Commerce Secretary Howard Lutnick is scheduled to appear May 6 before the…

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Robinhood, BNY to build Trump accounts app

President Donald Trump onstage at the Treasury Department’s Trump Accounts Summit, in Washington, Jan. 28, 2026. Kevin Lamarque | Reuters The U.S. Department of the Treasury said Monday that Bank of New York Mellon will be the designated financial agent for Trump accounts. BNY will officially manage the initial accounts and has partnered with Robinhood to…

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