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Social Security Falls Short for Gig Workers' Retirement Needs—What's the Solution?

Social Security Falls Short for Gig Workers' Retirement Needs—What's the Solution?

Social Security taxes alone are insufficient to provide gig workers with a secure retirement, prompting discussions on alternative strategies to ensure their financial stability in later years.


New Zealand Tourist, Wife of Businessman Doug McKay, Killed in Southern California Robbery

A New Zealand tourist, identified as the wife of prominent businessman Doug McKay, was tragically killed during a robbery attempt in Southern California.

China's BYD Launches Electric Vehicle Factory in Thailand, Expanding Regional Presence

BYD, China's largest electric vehicle maker, has opened its first factory in Southeast Asia in Thailand, marking a strategic move into the region's growing EV market supported by government incentives.

Germany Blocks Volkswagen Subsidiary Sale to China Over National Security Concerns

Germany has blocked the sale of MAN Energy Solutions, a Volkswagen subsidiary, to a Chinese firm due to concerns over national security, amidst escalating tensions with China over trade issues.


Latest News

Forbes Names Elon Musk Biggest Loser as Net Worth Shrinks by $30 Billion in 2024
Forbes reports that Elon Musk's net worth has decreased by almost $30 billion this year, making him the biggest financial loser among billionaires, despite remaining the richest person on earth.
Dove’s ‘Real Beauty’ Leader Resigns Amidst Marketing Campaign Backlash
Dove's global chief marketing officer, Alessandro Manfredi, announced his departure from Unilever after two decades, citing product backlash from controversial marketing campaigns.
HONG KONG-THEME-WEALTH
Italian authorities have ordered luxury fashion giants Dior and Armani to court after allegedly exploiting migrant workers earning as little as $2 an hour to produce high-priced handbags.
Tesla To Quadruple Production At Gruenheide Plant
German environmental authorities in Brandenburg have approved Tesla's Gruenheide plant expansion, sparking environmental concerns over water supply risks and local ecosystem impacts.
Donald Trump And Joe Biden Participate In First Presidential Debate
Benjamin Melman of Edmond de Rothschild Asset Management cautioned that a Trump presidency could spike treasury yields of the country due to proposed tax, immigration, and tariff policies impacting inflation and market risk.
Trader Joe's is carrying out a nationwide recall of its Mango Tangerine Scented Candle. Trader Joe's is carrying out a nationwide recall of its Mango Tangerine Scented Candle as it might cause harm to users due to a larger-than-expected flame.
Bahrain's King Hamad Al Khalifa Visits China
Chinese officials face challenges in attracting foreign investment due to doubts fueled by Xi Jinping's policies, despite reassurances from top leaders and intensified overseas engagements.
China Leads the Generative AI Patents Race, Far Surpassing the US: UN Report
China filed six times more patents for artificial intelligence (AI) technologies than United States-based inventors, according to a UN report.
CHINA-ENVIRONMENT-AQUACULTURE-FISHING
China's first female Arctic crab fisher, Liu Yifan, made noise on China's Instagram by sharing how she earns $18,000 a month working 12-hour shifts in harsh conditions and racial discrimination.
Lufthansa Receives EU Approval to Acquire ITA Airways for $350 Million
Lufthansa has won EU antitrust approval to buy 41% of ITA Airways for around $350 million. Lufthansa has received antitrust clearance from the European Union (EU) to acquire 41% of ITA Airways for 325 million euros (about $350 million) following the sale of certain routes and slots, the company announced Wednesday, July 3.
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