Gen X is entering the home stretch toward retirement, with roughly five to 15 years left until age 65. But a growing body of research shows it could be an uphill battle for many of them to retire comfortably. A new survey from Prudential of Americans 55 and older finds that Gen X is falling […]
Insights from East is Read, the South China Morning Post, and National Strategy The News Chinese economists are urging the government to reform hukou — an archaic residency registration system set up decades ago under Mao to stop the mass migration of rural Chinese into cities. Several cities have already made changes to the system […]
By Medha Singh (Reuters) – Nvidia is nipping at the heels of Apple to become the world’s second-most-valuable company, as investors cannot get enough of the semiconductor maker whose chips power popular artificial intelligence tools such as ChatGPT. An AI-induced jaw-dropping rally in Nvidia shares has taken the company’s valuation from $1 trillion to more […]
The trillion-dollar club is largely the preserve of tech titans such as Apple (AAPL) and Nvidia (NVDA), with Meta Platforms (META) rejoining that level this year. But Warren Buffett’s Berkshire Hathaway (BRKB) is knocking on the door. Berkshire Hathaway had a $952.75 billion market cap as of Feb. 23. BRKB stock has been a strong […]
(Bloomberg) — The clouds appear to be lifting for the global chip industry after a year riven by weak demand and geopolitical pressures, promising relief for ASML Holding NV and STMicroelectronics NV, reporting this week. Most Read from Bloomberg While a meaningful recovery may still be some way off, a bullish outlook from Taiwan Semiconductor […]