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A worker wearing a face mask is seen sewing ice-skating shoes at a manufacturing factory in the ice and snow sports equipment industry park in Zhangjiakou in northwestern China’s Hebei province. China’s economic growth slowed to a still-strong 7.9pc over a year earlier in the three months ending in June as a rebound from the coronavirus levelled off. AP
Acting like a spy agency
There’s an organisation where children of employees have to sign nondisclosure agreements before attending company parties and where a parent had to explain to his 8-year-old that she couldn’t exchange Pokémon with friends because the boss forbids her from connecting her Nintendo Switch to the internet. When he goes to work, that same father has to leave his made-to-order suit, luxury French watch, and classy leather shoes in the closet, donning a $9 Uniqlo T-shirt and jeans to blend in with the crowd near the office. This organisation isn’t an underground criminal group or an intelligenc ....

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6 Things You Should Know About the New Child Tax Credit


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The Internal Revenue Service on Thursday sent out the first monthly Child Tax Credit payments, delivering roughly $15 billion to about 35 million families representing about 60 million children, with the vast majority arriving via direct deposit.
The fully refundable payments provide up to $300 a month for each child under age 6 and up to $250 a month for each child ages 6 through 17. Upper-income families aren’t eligible, with the credit phasing down for individuals earning more than $75,000 and couples making more than $150,000.
Provided as part of the Covid rescue package Democrats passed in March, the payments are set to continue through the end of the year, though Democrats are looking to extend them as part of their budget blueprint. The six months’ worth of payments represent only half of the full credit, with the second half to be claimed when families file taxes next year. ....

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