China's legislature passes a law raising the retirement age, which is now among the lowest for major economies
BEIJING (AP) — China's legislature passes a law raising the retirement age, which is now among the lowest for major economies.
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China is oversupplying lithium to eliminate rivals, US official says
Chinese lithium producers are flooding the global market with the critical metal and causing a "predatory" price drop as they seek to eliminate competing projects, a senior U.S. official said on a visit to Portugal that has ample lithium reserves. Jose Fernandez, under secretary for economic growth, energy and the environment at the U.S. Department of State, told a briefing late on Monday that China was producing much more lithium "than the world needs today, by far".
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Workers turn to 'poly-employment' trend to fight cost-of-living crisis
It's helping people make ends meet but there can be a downside that's tough to manage.
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5 Reliable Cars That Could See a Massive Price Drop in 2025
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Tech war: China advocates use of local AI chips over those from US powerhouse Nvidia
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- Sky News
Grocery price inflation rises - as analysts reveal which products have seen fastest increase
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- GOBankingRates
7 Dangerous Assumptions About Retirement That Could Kill Your Savings Fast
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Investors With $15 Trillion Signal New Approach to Miners
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I'm 60 and have hit my $1.5M retirement savings target — but am suffering from 'just one more year' syndrome
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- Reuters
Exclusive-Brussels rejected China proposal for 30,000 euro minimum sales price in EV dispute
BERLIN/SHANGHAI/BRUSSELS (Reuters) -Brussels rejected a proposal by the Chinese government for imported electric vehicles made in China to be sold at a minimum price of 30,000 euros ($32,946), three sources said, a move Beijing hoped would avert EU tariffs being imposed next month. The European Commission said it had dismissed minimum price offers from EV makers in China a month ago as part of an anti-subsidy investigation that has thrown Beijing and the European Union into their biggest trade dispute in a decade. Specific details of the compromises being offered in negotiations between the two have not previously been reported.
- GOBankingRates
Warren Buffett: 14 Simplest Pieces of Money Advice That Can Work for Anyone
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- Yahoo Finance AU
Four-day work week win as major Aussie company expands trial: 'More will follow'
Medibank found workers' health improved, unhealthy eating declined, they slept better and had greater work-life balance.
- Bloomberg
China Targets EU Cars, Brandy in Retaliation Over EV Tariffs
(Bloomberg) -- Most Read from BloombergUrban Heat Stress Is Another Disparity in the World’s Most Unequal NationFrom Cleveland to Chicago, NFL Teams Dream of Domed StadiumsSingapore Ends 181 Years of Horse Racing to Make Way for HomesWhat Do US Vehicle Regulators Have Against Tiny Cars?Chicago’s $1 Billion Budget Hole Exacerbated by School TurmoilChina is investigating whether to raise tariffs on European large-engine vehicles and will start collecting levies on brandy, escalating a trade spat a
- GuruFocus.com
Warren Buffett Reduces Stake in Bank of America
Warren Buffett (Trades, Portfolio)'s firm, Berkshire Hathaway, has recently adjusted its investment in Bank of America Corp (NYSE:BAC), signaling a strategic shift in its portfolio. On October 7, 2024, the firm reduced its holdings by 9,570,980 shares, with the transaction impacting the portfolio by -0.14%. This move adjusted the firm's total shares in Bank of America to 784,549,933, maintaining a significant position with an 11.23% portfolio ratio and a 10.11% ownership in the bank.
- BBC
No misconduct by Rooney lawyers, judge rules
The judge finds "on balance... only just", that Mrs Rooney's legal team did not commit misconduct.
- Fortune
Enterprise CEO said only 11% of consumers know the company does more than just car rentals
After taking over the family company in 2020, CEO Chrissy Taylor is dead set on expanding Enterprise beyond car rentals.
- USA TODAY
From prepped to panicked: How different generations feel about retirement
USA TODAY spoke to nine savers between the ages of 19 to 65 to get a sense of retirement strategies across generations.