Aer Lingus pilots to vote on pay proposal to end strike

Reuters
China to allow delayed retirement to combat population woes
HONG KONG (Reuters) -China will gradually raise its statutory retirement age, now among the world's lowest, to allow people to work longer, as it struggles to relieve soaring pressure on pension budgets, with many provinces already facing deficits. The reform is urgent, with life expectancy having risen in China to 78 years by 2021 from about 44 years in 1960, outstripping the United States, and is projected to exceed 80 years by 2050. "In line with the principle of voluntary participation with appropriate flexibility, we will advance reform to gradually raise the statutory retirement age in a prudent and orderly manner," the authorities said.
GOBankingRates
The Standard Retirement Age in the US vs. 5 European Countries
The retirement age and the future of Social Security have been big topics this presidential election season. The topics have especially caught the attention of many working Americans amid talk about...
GOBankingRates
Robert Kiyosaki: Why Saving Money Is the Wrong Way To Prepare for Retirement
Robert Kiyosaki, the bestselling author of "Rich Dad Poor Dad," has argued -- against conventional wisdom -- that "the historical advice to 'save' is no longer a sufficient way to prepare for...
Global News
Auto insurance premiums rising: What can Canadian drivers do to trim the bill?
Drivers in Canada are facing a surge in auto insurance premiums despite a 17 per cent decrease in the national auto theft rate this year. According to a recent survey by Ratehub.ca, 48 per cent of respondents reported a significant increase in their auto insurance costs. Anne Gaviola explores why premiums are rising now and how drivers can try to limit their impact on household budgets.
Tasting Table
Carbonation Is Your Secret Weapon For Perfectly Crispy Fried Chicken
In the case of fried chicken, carbonation involves adding a carbonated drink to your batter to lighten its texture, resulting in perfectly crispy chicken.
GOBankingRates
6 Frugal Living Tips Retirees Should Avoid
Wise retirees seek out financial advice in their quest to spread their dollars as far as possible. Some of the suggestions they get are good. Others, not so much. "Retirees often encounter various...
GOBankingRates
Dave Ramsey: 6 Biggest Retirement Myths You Shouldn’t Believe
There are all sorts of myths attached to almost every aspect of personal finance, from investing to your credit score. Retirement is another common theme loaded with money myths. If you're not...
The Canadian Press
Climate-related extreme weather puts oil and gas assets, production at risk
CALGARY — Suncor Energy Inc. filed a disclosure document last year laying out what would happen if extreme weather were to force a 10-day shutdown of its massive Base Plant oilsands mine in northern Alberta.
Reuters
China hedge funds brace for upheaval from tough new rules
China's $715 billion hedge fund industry is facing renewed pressure from stringent regulations coming into effect next month, forcing some investment firms to seek fresh capital from white knights or even shut shop. These rules would come after China's regulators cracked down on computer-driven 'quant funds' this year as part of Beijing's tighter supervision of the financial industry. Zhang Kaihua, founder of Nanjing-based HuYang Private Fund Co, is selling up to 6.3% of his company to boost capital.
SmartAsset
Will $500k Savings and $2,000 Per Month Social Security Benefit Be Enough to Retire at 67?
Half a million dollars might sound like a lot of money, but if you’re approaching retirement, is it enough? If you have $500,000 in a pre-tax IRA and expect $2,000 per month from Social Security, you may have enough money to retire at age 67. A half million dollars is a relatively modest nest egg, […] The post I Have $500k in an IRA and Will Receive $2,000 Monthly From Social Security. Can I Retire at 67? appeared first on SmartReads by SmartAsset.
CNN
Opinion: Increasing the minimum wage comes at too high a price for workers
Rachel Greszler from the conservative Heritage Foundation writes that low wage-workers and the economy at large are hurt more than helped by upping the minimum wage.
CNN
What we know 4 days after a software update brought down computer systems around the world
Four days after a faulty software update from a cybersecurity company unexpectedly brought down computers and technical systems across the world, airlines and some other companies are still experiencing delays and other technical problems.
TechCrunch
Tracking the EV battery factory construction boom across North America
In 2019, just two battery factories were operating in the United States with another two under construction. Today there are about 34 battery factories either planned, under construction or operational in the country. U.S. President Joe Biden’s Inflation Reduction Act, signed into law August 16, 2022, might not have been the initial catalyst behind the onshoring battery factory trend.
Business Insider
Here comes the wave of insurance claims for the CrowdStrike outage
CrowdStrike's outage might have cost the economy "tens of billions of dollars," a cyber insurance exec told Reuters.
Bloomberg
Woodside to Buy Tellurian in $900 Million Bet on Gas Demand
(Bloomberg) -- Woodside Energy Group Ltd. has agreed to buy troubled US liquefied natural gas export project developer Tellurian Inc. for about $900 million in a bet on rapid growth in global demand for the fuel.Most Read from BloombergBiden Exits Race, Endorses Harris as She Shores Up SupportBiden Exit Puts Trump Trade in Doubt as Election Gets Re-SetJoe Biden Bows to Democrats Who Wanted Him Out, Upending US PoliticsBiden Is Out: What’s Next for Democrats, ExplainedTrump’s Remarks Spark Rebuke
GOBankingRates
6 Reasons You Should Rent When You Retire
For many, the idea of renting in retirement doesn't seem very logical or financially sound. After all, there's a good chance you've already paid off your mortgage and own your home by the time you're...
GOBankingRates
I’m a Financial Expert: Here Are the 5 Worst Things Retirees Spend Their Savings On
Retirement is a time of well-deserved rest and relaxation after a lifetime of hard work. Learn More: I'm Planning My Retirement: 5 Expenses I Wish I Had Cut Sooner Read Next: The Surprising Way You...
Simply Wall St.
Exploring Hidden Gems On The Japanese Exchange Estimated To Be Discounted Between 34.3% And 45.6%
Amid a challenging week for Japan's stock markets, with the Nikkei 225 Index and broader TOPIX Index both experiencing declines, investors may find potential opportunities in undervalued stocks. These hidden gems on the Japanese exchange could offer significant value, estimated to be discounted between 34.3% and 45.6%, especially in a market environment marked by heightened scrutiny of tech exports and currency fluctuations. In such a market climate, identifying stocks that are undervalued...
Reuters
Analysis-With no big deal safe, investment bankers move to safeguard fees
Investment bankers are changing how they ask to be paid in a bid to preserve and boost fee revenue they generate from advising companies on mergers and acquisitions, as more big deals face challenges by regulators. Many of these fees are awarded only if a transaction is completed. Bankers have been pushing to get paid even when a deal is thwarted by regulators, and are charging more for services paid irrespective of whether a transaction closes, interviews with more than a dozen dealmakers showed.
Reuters
Oil market likely to be in surplus next year, Morgan Stanley says
The tightness will hold for most of the third quarter, the bank said in a note dated on Friday, but equilibrium will return by the fourth quarter, "when seasonal demand tailwinds abate and both OPEC and non-OPEC supply return to growth."

S&P/TSX

S&P 500

DOW

CAD/USD

CRUDE OIL

Bitcoin CAD

CMC Crypto 200

GOLD FUTURES

RUSSELL 2000

10-Yr Bond

NASDAQ futures

VOLATILITY

FTSE

NIKKEI 225

CAD/EUR

Aer Lingus pilots to vote on pay proposal to end strike

Latest Stories

China to allow delayed retirement to combat population woes

The Standard Retirement Age in the US vs. 5 European Countries

Robert Kiyosaki: Why Saving Money Is the Wrong Way To Prepare for Retirement

Auto insurance premiums rising: What can Canadian drivers do to trim the bill?

Carbonation Is Your Secret Weapon For Perfectly Crispy Fried Chicken

6 Frugal Living Tips Retirees Should Avoid

Dave Ramsey: 6 Biggest Retirement Myths You Shouldn’t Believe

Climate-related extreme weather puts oil and gas assets, production at risk

China hedge funds brace for upheaval from tough new rules

Will $500k Savings and $2,000 Per Month Social Security Benefit Be Enough to Retire at 67?

Opinion: Increasing the minimum wage comes at too high a price for workers

What we know 4 days after a software update brought down computer systems around the world

Tracking the EV battery factory construction boom across North America

Here comes the wave of insurance claims for the CrowdStrike outage

Woodside to Buy Tellurian in $900 Million Bet on Gas Demand

6 Reasons You Should Rent When You Retire

I’m a Financial Expert: Here Are the 5 Worst Things Retirees Spend Their Savings On

Exploring Hidden Gems On The Japanese Exchange Estimated To Be Discounted Between 34.3% And 45.6%

Analysis-With no big deal safe, investment bankers move to safeguard fees

Oil market likely to be in surplus next year, Morgan Stanley says