You Searched For "pension crisis" and got 20 results
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2 mins read
My retired father uses his pension to pay for my basic needs because I can't find a job. I'm worried I'm ruining his retirement.
When this recent college grad couldn't find a job, she turned to her father for help. He gives her …
Patience Tinotenda Mutsetse
4 mins read
Bengaluru's residential real estate market soars as prices shoot up by 32% year on year
Bengaluru's real estate rose 32% to INR 7,800/sq. ft. by H1 2024, driven by premium launches (32,50…
2 mins read
Centre has sanctioned Rs 21,253 crore to tackle Kerala's economic crisis, MoS for Electronics and IT reveals
Prime Minister Narendra Modi has come forward to assist Kerala in a bid to alleviate the state from…
ANI
1 min read
Tesla's Nordic labor crisis drags on as a Danish pension fund dumps its shares in Elon Musk's EV maker
Tesla has clashed with Nordic trade unionists in recent months, with its Swedish mechanics on strik…
George Glover
5 mins read
We're watching an American retirement crisis unfold
What was once a natural part of the American dream — retirement — is now a luxury many …
Jordan Parker Erb
2 mins read
China is in the middle of its own retirement crisis as many older people cannot afford to stop working
China is expecting 300 million people to reach retirement age in the next 10 years, close to the si…
Jennifer Sor
2 mins read
The office market is so bleak that Canada's largest pension fund sold its stake in an NYC building for $1
Canada's biggest pension fund sold a stake in a New York office it had plans to redevelop for a buc…
Phil Rosen
4 mins read
Solving the looming retirement crisis means thinking differently about aging, economist says
Improved longevity means the world is facing a retirement crisis. Flexible work and a focus on sust…
George Glover
4 mins read
The 'peak boomer' crisis might only get worse: A fifth of Americans 50 and up have no retirement savings, and the majority are worried they won't have enough money
Many Americans headed toward retirement don't have the funds. It could contribute to the peak boome…
Juliana Kaplan,Ayelet Sheffey,Madison Hoff
3 mins read
Just over half of Americans over the age of 65 are earning under $30,000 a year, and it shows how stark the retirement crisis is
Many American seniors are already living in poverty, and it's poised to only potentially get worse.
Juliana Kaplan
2 mins read
President Joe Biden has a plan to protect Americans' retirements and savings from the 'urgent and systemic risk' of the climate crisis
Biden unveiled a report to fight the threat climate change poses to the economy, with one economist…
Ayelet Sheffey
2 mins read
Biden's administration just took a 'huge step' to protect retirements and pensions against climate crisis risks, top advisor says
Biden's top climate advisor Gina McCarthy lauded the SEC's proposal to require companies to incorpo…
Ayelet Sheffey
1 min read
Bank staff to strike work on Jan 30, 31
The United Forum of Bank Unions (UFBU), an umbrella body of several bank unions, on Thursday decide…
2 mins read
Biden's big pandemic stimulus bill is still helping prop up pension funds nearly 2 years after it was passed
The Biden administration said that funding from the American Rescue Plan just helped save 350,000 m…
Juliana Kaplan
3 mins read
Biden leaves the door open to solving the debt ceiling crisis without Congress — and it could get rid of the debate forever
Biden said on Tuesday that he's "considering" using the 14th amendment to negate the debt ceiling, …
Ayelet Sheffey
2 mins read
The pain is just starting for commercial real estate - and plunging prices could reignite the banking crisis and choke the US economy, Columbia professor says
Office values are set to plunge, sparking an "urban doom loop" and spurring a pullback in bank lend…
Theron Mohamed
2 mins read
The Bank of England's emergency bond purchases may have prevented a huge number of UK pension funds from collapsing
The surge in gilt yields put a ton of pressure on an overlooked area of markets: liability driven i…
Matthew Fox
1 min read
The New York state pension fund overseer has asked Southwest Airlines to explain how it plans to prevent future operational catastrophes, like the one over the holiday season
Southwest canceled more than 16,700 flights between December 21 and 31 amid the busy holiday travel…
Huileng Tan
2 mins read
Former Goldman Sachs CEO Lloyd Blankfein says the latest crisis not like 2008 as the banking system is in much better shape
Blankfein says the last financial crisis involved the world's biggest banks, whereas SVB's fall imp…
Morgan Chittum
3 mins read
How consumers, businesses, and the government can make pensions greener to fight climate change
The "How your wallet could save the world" event at COP26 will discuss the role your savings, bank,…