China to raise retirement age in next five years – BBC.com

China plans to gradually raise the legal retirement age over the next five years to tackle an ageing population and a collapsing pension system. Life expectancy in the country has risen from just 36 years at the time of the Communist revolution in 1949 to 78 years today, higher than that of the United States. […]

Chiefs’ Patrick Mahomes, Xavier Worthy raise eyebrows in training camp

Patrick Mahomes and Xavier Worthy, the Chiefs’ first-round picks in the 2024 NFL Draft, have already looked in sync in training camp and drew plenty of attention during the first full-team practice on Sunday. Worthy received a pass from Mahomes and scored a touchdown on a deep post pattern route. The telepathic understanding between the […]

US should raise taxes, wait until late 2024 to cut rates: IMF

The International Monetary Fund said Thursday that the Federal Reserve should not cut interest rates until “late 2024” and that the government needs to raise taxes to rein in the growing federal debt, including on households earning less than $400,000 a year, as defined by President Biden. The prescription is set out in a detailed […]

Biden proposes eliminating tax breaks for landlords who raise rent more than 5 percent

President Biden on Tuesday proposed eliminating tax breaks for landlords who raise renters’ rent by more than 5% annually as part of his administration’s larger effort to lower housing costs. The president called on Congress to pass a bill that would prohibit corporate landlords who increase rents by more than 5 percent per year from […]

George Clooney helps raise $28 MILLION for Biden

President Joe Biden may continue to insist that he is qualified to remain in office, but his supporters aren’t so convinced. In a recent New York Times op-ed, “George Clooney: I Like Joe Biden. But We Need a New Candidate,” Clooney argues that Biden should step aside to allow another Democrat to challenge Donald Trump […]

Elon Musk’s SpaceX Operations in Texas Raise Environmental Concerns

Elon Musk’s SpaceX has come under scrutiny over its expansion in Boca Chica, Texas, as the company’s early promises to stay “small and green” are at odds with reality. of Houston Chronicle Reports SpaceX’s ambitious plan to send humans to Mars has transformed parts of South Texas into what some are calling a “sacrifice zone” […]

Allstate reportedly wants to raise California homeowners rates by 34%

“Mansion Global” host Katrina Campins breaks down the housing market amid growing concerns about rising home prices on “The Big Money Show.” Allstate, one of California’s largest insurers, wants to raise homeowners premiums by an average of 34%, which could be the biggest increase this year. If approved by the state Insurance Department, the rate […]