Are U.S. seniors amongst the made world’s poorest? It relies upon on your place of look at

Are U.S. seniors amongst the made world’s poorest? It relies upon on your place of look at


Vital Details
  • About 23% of People over age 65 live in poverty, according to the Firm for Financial Co-operation and Growth. That is one particular of the best shares between made nations.
  • U.S. Census data suggests a lesser share of the aged are very poor, and that aged-age poverty nationwide has been slipping.
  • Gurus say tweaks to Social Safety added benefits would be the most effective way to handle senior poverty. But it would be high-priced at a time when the program’s finances are currently shaky.



Resource

From data to culture: How international brands are trying to crack the code on the fickle Chinese consumer
Finance

From data to culture: How international brands are trying to crack the code on the fickle Chinese consumer

Key Points The allure of the world’s second-largest consumer market is forcing Western companies to adapt in the face of growing competition from Chinese brands. In the last two years, adapting to the local social media ecosystem of Xiaohongshu and Douyin has become a path to quick success, according to Stephy Liu, founder of a […]

Read More
Stocks making the biggest moves midday: Wynn Resorts, Red Cat, SanDisk, Palantir & more
Finance

Stocks making the biggest moves midday: Wynn Resorts, Red Cat, SanDisk, Palantir & more

Check out the companies making the biggest moves midday: Peabody Energy — The coal company jumped 9%. Peabody began arbitration proceedings with Anglo American over the canceled purchase of steelmaking coat assets belonging to the Anglo. SanDisk — The maker of solid state drives jumped 10%, adding to its massive gains. Over the past six […]

Read More
Chicago Fed President Goolsbee ‘a little wary’ about cutting interest rates too quickly
Finance

Chicago Fed President Goolsbee ‘a little wary’ about cutting interest rates too quickly

Key Points Chicago Federal Reserve President Austan Goolsbee said Friday he’s leery of cutting interest rates too quickly as threats increase both inflation and employment. “I’m a little wary about front-loading too many rate cuts and just counting on the inflation going away,” he said. Source

Read More