China Expands CBDC Pilot as Others Play Catch-Up

The Digital Yuan, also called e-CNY, became the first CBDC to be issued by a major economy after China launched its trial program in 2021.  China has recently announced an expansion of the pilot program into major cities such as Beijing, Tianjin, and Guangzhou.  Meanwhile, the West is still playing catch-up. Continue reading China Expands CBDC Pilot as Others Play Catch-Up

The Remote Work “Aberration” set to hit Wall Street Workforce

Remember when Goldman Sachs chief David Solomon called remote work an “aberration”?  In a recent survey published by The Partnership for New York City, major employers indicated their needs for office space would decline drastically over the next five years.  13% of total employers surveyed expect a reduction in jobs located in New York City, with most of the losses coming from the financial sector.  Continue reading The Remote Work “Aberration” set to hit Wall Street Workforce