Life

China Eyes 'Voluntary and Flexible' Retirement Age Increase to Address Aging Population

China's Communist Party is considering a gradual and flexible increase in the retirement age to address pension system pressures caused by an aging population and declining birth rates.


Olympic Gold Medalists to Receive $50,000 Prize Money for the First Time

For the first time ever, track and field gold medalists in the Paris Olympics will receive $50,000 prize money despite resistance from critics who claimed that it would undermine the spirit of the gam..

US Online Spending Surge to $7.2 Billion, Thanks to Amazon Prime Day Frenzy

The first day of Amazon's Prime Day event in the U.S. saw $7.2 billion in online sales, surpassing expectations and marking an 11.3% increase from the previous year...

NBA Star LeBron James Partners With Canyon to Inspire New Generation of Cyclists

Canyon Bicycles announced its collaboration with NBA star LeBron James and several other riders to promote its line of bicycles and inspire the next generation of cyclists regardless of terrain and pr..


Latest News

Amgen Challenges Novo Nordisk, Eli Lilly in Weight Loss Drug Market as Investors Flock for Next Obesity Drug Payout
Amgen witnessed an impressive 12% surge in its shares on Friday, marking its most substantial single-day increase in nearly 15 years.
New York Is the World's Richest City, With Its Millionaires and Billionaires' Wealth Greater Than GDPs of Brazil, Canada, Italy
A new survey shows that New York City is home to 349,500 millionaires and 60 billionaires, making it the wealthiest city in the world.
American Tutor Jailed in Russia After Breaking Into Children’s Library Drunk
An American tutor has been sentenced to 10 days in prison in Russia for engaging in "petty hooliganism."
How to Pay Household Debt In a Time of Economic Hardship
With US household debt reaching all-time high, people can pay off their debt by sticking to their preferences and asking for financial advice.
Joe Biden Administration Sanctions Colombian Maritime Companies Preying on Vulnerable Migrants Seeking to Enter US
The administration of President of Joe Biden has implemented visa restrictions on executives of several Colombian maritime transportation companies accused of exploiting vulnerable migrants seeking to
Americans Brace for Another Round of Higher Housing Costs, NY Fed Survey Shows
Americans are preparing for another wave of increased housing expenses, according to the Federal Reserve Bank of New York.
Social Security and Medicare Get Boost From Stronger US Economy, But Funds Expected to Run Short in 2035
Social Security and Medicare have improved due to stronger-than-expected economic growth. However, the safety-net programs are still expected to face a funding crisis in approximately ten years.
Citigroup CEO Shares How Inflation Affects Consumer Behavior; Jane Fraser Says Low-Income Americans Now More Cautious With Spending
Citigroup CEO Jane Fraser said she's seeing a "K-shaped consumer" as the U.S. inflation continues. Here's what she meant by that.
Hong Kong Investors Win $2.5 Million Case Against Company That Promised to Repurchase Luxury Watches
WatchFund, led by Dominic Khoo, has been ordered by a Hong Kong court to repurchase luxury watches worth $2.5 million following breaches of contract with five investors.
Chinese Scammer Jailed After Earning $415,000 From Faking Live-Stream Views and Traffic Using 4,600 Phones
A man in China ran a modus operandi using 4,600 phones to fake live-stream viewer counts, earning $415,000 in less than four months.
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