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STR | AFP | Getty ImagesIn the race against Tesla for the global electric car market, Chinese automaker BYD is pushing hard overseas despite rising barriers to the U.S. market. Given policy uncertainty around Chinese EV exports to major markets like the U.S. and Europe, BYD is seeking to bolster overseas sales by moving production to regions perceived as more friendly. The U.S. has tried to support adoption of electric cars domestically, but sales penetration is well below that of China. EY predicts the electric car market in the region will grow exponentially to at least $80 billion a year in sales in the next decade. The rapid growth of BYD and other Chinese electric car companies has other automakers worried.
Persons: Tesla, BYD, Xiao Feng, Biden, it's, EY, Alvin Liu, Liu, BYD's, Sime Darby, Stella Li, Reuters BYD, Bill Russo, CNBC's, Li Organizations: AFP, Getty, Toyota, Counterpoint Research, Tesla, Sime, Americas, Reuters, Alliance for American Manufacturing, U.S Locations: Taicang Port, Suzhou, China's, Jiangsu, U.S, Shenzhen, Europe, Thailand, Brazil, Indonesia, Hungary, Uzbekistan, China, Marklines, Southeast Asia, Singapore, Philippines, Malaysia, Mexico, Americas, North America, United States, Canada, Washington
The original Biden administration proposal would have lowered such "petroleum-equivalent fuel economy" ratings for EVs by 72% in 2027. The industry cheered the Energy Department announcement. Automakers, auto dealers and the UAW called the original EPA plan unrealistic. The National Resources Defense Council (NRDC) and Sierra Club had urged EV mileage rating reductions after the Energy Department left them unchanged for two decades. "The automakers' free ride is over," he said, adding that changes "will curtail automakers' use of phantom credits they used to keep selling gas-guzzlers."
Persons: Biden, Joe Biden's, Donald Trump, John Bozella, Tesla, Pete Huffman Organizations: Detroit, Biden, Department of Energy, Reuters, U.S, Republican, Energy Department, Ford, Alliance, Automotive, United Auto Workers, General Motors, Chrysler, Traffic, Environmental Protection Agency, EPA, Toyota, Honda, Hyundai, GM, Volkswagen, UAW, National Resources Defense Council, Sierra Club, Energy Locations: New York City, United States, Michigan, fleetwide, U.S, NRDC
Andrew Merry | Moment | Getty ImagesDETROIT — The buzz around electric vehicles is wearing off. U.S. EV sales were a record 1.2 million units last year, representing 7.6% of the overall national market, Cox Automotive estimates. "Moving on to less tech-savvy buyers will slow the EV market share growth over the next few years." Automakers wanted to emulate Tesla's success, with some promising to exclusively offer EVs in the not-too-distant future. "Toyota is almost completely absent from the [battery electric vehicle] market yet will gain more U.S. market share than any other car company this year.
Persons: hasn't, Andrew Merry, Aston Martin, Tesla, Elon Musk, Marin Gjaja, Ford, Pablo Di Si, Sam Fiorani, Romeo, Bentley, Mary Barra, there's, Cadillac, John Roth, We've, Gjaja, Jim Farley, Rebecca Cook, Oliver Blume, Akio Toyoda, Morgan Stanley, Adam Jonas, It's, Biden, Cox, Michelle Krebs, EVs, Trisha Jung Organizations: DETROIT, EV, Ford Motor, General Motors, Mercedes, Benz, Volkswagen, Jaguar, Rover, CNBC, GM, Hyundai Motor, Kia, Toyota Motor, VW, U.S, Cox Automotive, AutoForecast Solutions, Volvo, Buick, Cadillac, Honda, Ford Motor Co, Ford, Amperex Technology, Toyota, Cox, Tesla, Nissan, Nissan U.S, Environmental Protection Agency, Alliance for Automotive Innovation, American Automotive, Detroit automakers Locations: EVs, Europe, U.S, North America, Warren , Michigan, Detroit, Marshall , Michigan, Romulus , Michigan
“If you have minerals or oil under the ground, how do you come up with a price for a long-term contract? The shift to renewable energy and electric vehicles has caused a spike in the demand for critical minerals, driving these kind of loans. Adesina, whose Abidjan, Ivory Coast-based institution helps finance development in African countries, said these arrangements come with a litany of problems. Photos You Should See View All 60 Images“These are the reasons I say Africa should put an end to natural resource-backed loans," Adesina said. After Chad, Angola and the Republic of Congo approached the IMF for support, the multilateral lender insisted on the renegotiation of their natural resource-backed loans.
Persons: Akinwumi Adesina, paydowns, Adesina, ” Adesina, Glencore, Trafigura, , Mao Ning Organizations: African Development Bank, Associated Press, International Monetary Fund, IMF, Chartered, China’s Ministry of Foreign Affairs, China Railway Group, Gecamines, Alliance for Green Infrastructure Locations: Lagos, NIGERIA, China, Congo, Nigeria, Abidjan, Ivory Coast, Africa, Chad, Angola, Republic of Congo, Guinea, Ghana, Beijing, Nigerian, AP.org
NEW YORK (AP) — A federal judge in Texas has ordered a 55-year-old U.S. agency that caters to minority-owned businesses to serve people regardless of race, siding with white business owners who claimed the program discriminated against them. The agency, which helps minority-owned businesses obtain financing and government contracts, now operates in 33 states and Puerto Rico. Justice Department lawyers representing Minority Business Development Agency declined to comment on the ruling, which can be appealed to the conservative-leaning 5th U.S. John F. Robinson, president of the National Minority Business Council, said the ruling is “a blow against minority owned businesses," and does nothing to help majority-owned businesses because they already enjoy access to federal resources through the Small Business Administration. "It has the potential of damaging the whole minority business sector because there will be less service available to minority-owned businesses,” Robinson said.
Persons: Mark T, Pittman, Donald Trump, Nixon, Biden, ” Pittman, Dan Lennington, ” Lennington, John F, Robinson, ” Robinson, Arian Simone, Alphonso David, David, Stanley Goldfarb, , , , David Glasgow, Graham Lee Brewer, Haleluya Hadero Organizations: , U.S, Northern, Northern District of, U.S . Commerce Department, Infrastructure Investment, Jobs, Black, Wisconsin Institute for Law & Liberty, Justice Department, Business, Agency, Circuit, National Minority Business Council, Small Business Administration, Economic, Pfizer, The, Appeals, American Alliance for Equal Rights, Meltzer Center for Diversity, New York University’s School of Law, Supreme, AP Locations: Texas, Northern District, Northern District of Texas, Puerto Rico, New Orleans, Tennessee, Atlanta, The New York, Florida, New
-WASHINGTON — Labor unions, domestic manufacturers, business associations and other interest organizations on Wednesday announced a bipartisan coalition to target an import loophole allowing billions of un-taxed goods into the U.S."The coalition we have assembled is a testament to the mounting pressure to close the de minimis loophole," Rep. Earl Blumenauer, D-Ore., said. The ranking member of the House Ways and Means Subcommittee on Trade is working in conjunction with the new Coalition to Close the De Minimis Loophole. CBP said it processed over 1 billion de minimis shipments in FY '23, according to a report last modified on March 1. The company has been valued at over $66 billion according to a November report, while PDD reported third-quarter revenue of $9.44 billion that month. "Our industry has lost astonishingly 10 plants in five months as a result of the de minimis loophole," Glas told reporters.
Persons: Rep, Earl Blumenauer, minimis, Blumenauer, Mike Gallagher, Gallagher, Neal Dunn, Sherrod Brown, Marco Rubio, Dunn, Dan Bishop, Rosa DeLauro, Conn, Shein, PDD, Kim Glas, Glas Organizations: Port, WASHINGTON — Labor, Wednesday, Trade, Coalition, Chinese Communist Party, U.S . Customs, CBP, CNBC, House CCP Committee, PDD Holdings, National Council of Textile Organizations, AFL, Alliance for American Manufacturing, Coalition for, Prosperous Locations: China, Port of Los Angeles, Long Beach , California, U.S, United States, Sens, Ohio, Singapore, Prosperous America
CVS and Walgreens will start selling mifepristone in some US states, Reuters reported. The move follows a 2023 FDA decision to allow certified pharmacies to sell the abortion drug. President Joe Biden, who has supported increased access to abortion, hailed the news. AdvertisementCVS and Walgreens are set to begin selling the abortion pill mifepristone in some states this month, Reuters reported. The Food and Drug Administration (FDA) announced last year that it would allow retail pharmacies to begin selling the drug.
Persons: Joe Biden, , Wade, Harris, Trump Organizations: Walgreens, Reuters, FDA, Service, Drug Administration, CVS, Alliance for Hippocratic, Guttmacher Institute, Food and Drug Administration, Republican, Food, Fox News, Politico Locations: New York , Pennsylvania , Massachusetts, California, Illinois, Massachusetts, Rhode Island
Russia doesn't want a conflict with NATO as it would "lose quickly" the UK's armed forces chief said. Russian President Vladimir Putin doesn't really want a conflict with NATO because in that scenario Russia would quickly lose, the head of the UK's armed forces said on Tuesday. He said that "the biggest reason that Putin doesn't want a conflict with NATO is because Russia will lose. And lose quickly." Even so, Radakin said that Russia would be quickly defeated by NATO forces if it attacked a member state.
Persons: Sir Tony Radakin, Vladimir Putin doesn't, Admiral Sir Tony Radakin, Putin, it's, Radakin Organizations: NATO, Chatham House, Air Force, Navy Locations: Russia, Russian, London, Ukraine, Europe, Chatham, Germany, France, Poland, Baltic, Sweden, Finland, China
A federal appeals court agreed to rehear a challenge by two conservative groups to Nasdaq's board diversity rule related to the disclosure of women and minority membership on boards of companies listed on the stock exchange. The 5th Circuit U.S. Court of Appeals, in its order Monday night setting a rehearing, also vacated a decision in October upholding the Nasdaq rule by a three-judge panel from the appeals court, which encompasses Texas, Louisiana, and Mississippi. The Nasdaq rule requires companies to disclose details about the diversity of their boards of directors, and to either have a minimum number of women and minorities on their boards or explain why they do not. "NASDAQ's rule promotes racial discrimination and polarizing personal disclosures and it is to be hoped that this rule is struck down," Blum said. The SEC and Nasdaq did not immediately respond to requests for comment on the rehearing order.
Persons: Edward Blum, " Blum, Margaret Little Organizations: Times, NASDAQ, 5th Circuit U.S, of Appeals, Nasdaq, Securities, Exchange, Alliance for Fair, National Center for Public Policy Research, Fifth Circuit, SEC Locations: New York City, Texas, Louisiana, Mississippi
U.S. President Joe Biden answers questions from reporters after driving a Jeep Wrangler Rubicon Xe around the White House driveway following remarks during an event on the South Lawn of the White House August 5, 2021 in Washington, DC. The shift would mean that EV sales would not need to rise sharply until after 2030. Reuters previously reported that the White House could enact proposed Environmental Protection Agency regulations as soon as March that would mandate dramatic reductions in tailpipe emissions. The administration proposal would require boosting U.S. EV market share to 67% by 2032 from less than 8% in 2023. Automakers and the AAI have urged the Biden administration to slow the proposed ramp-up in EV sales.
Persons: Joe Biden, Biden, Joe Biden's, John Bozzella, Bozzella, Stellantis Organizations: New York Times, Alliance for Automotive Innovation, Reuters, Agency, EV, General Motors, Ford, AAI Locations: Washington , DC, U.S
Others in the GOP field have attacked transgender participation in athletics and proposed nationwide bans on affirming care for transgender minors. Transgender-related issues have become perhaps the biggest rallying call to Christian conservatives, more than abortion rights or same-sex marriage. As an ethical matter, I think it’s gross,” said Tim Miller, a former Republican political operative who worked as communications director for former Florida Gov. Several people interviewed at a recent Trump rally argued children were being wrongly confronted with issues of gender identity. Both Trump and Nikki Haley, his last major rival heading into South Carolina's Republican primary this coming Saturday, have leaned into anti-transgender rhetoric.
Persons: Donald Trump, Trump, , , Tim Miller, Jeb Bush’s, Chase Glenn, Cheryl Savage, Nikki Haley, Haley, Trump's U.N, ” Trump, Melania Trump, Biden, Chad Connelly, they’re, Tim Carter, Christ, ” Carter, you’ve, Jami Taylor, Taylor, you’re, ” Taylor, ” Mas, ’ ” Kono, Meg Kinnard, ___ Pollard Organizations: COLUMBIA, , GOP, Florida Gov, Republicans, Trump, ” GOP, Bills, Republican, Statehouse, Research, American Medical Association, American Academy of Pediatrics, UCLA Law, AP, Iowa Republican, Republican National, U.S, Supreme, University of Toledo, Associated Press, America Statehouse News Initiative, America Locations: Conway, South Carolina, South, Iowa, United States, New Hampshire, Daniel Island, Kono, Conway , South Carolina
Thaksin Shinawatra: Ousted Thai PM's Life in Politics
  + stars: | 2024-02-17 | by ( Feb. | At P.M. | ) www.usnews.com   time to read: +4 min
BANGKOK (Reuters) - Thailand's controversial billionaire former Prime Minister Thaksin Shinawatra was released on parole on Sunday after serving six months in detention. 1998Thaksin founds the Thai Rak Thai (Thais Love Thais) party. In September, the military launches a coup against Thaksin while he is overseas, citing the need to end the protests. 2011New elections are won in a landslide by another new pro-Thaksin party, Pheu Thai. Thaksin applies for a royal pardon and his eight-year jail term is commuted to a year by the king.
Persons: Thaksin Shinawatra, Thaksin, Love Thais, Thais, Yingluck Shinawatra, Thaksin's, Srettha Thavisin, Nick Macfie, Martin Petty Organizations: Thai Rak Thai, Thaksin, People's Alliance for Democracy, Shin Corporation, Temasek, English Premier League, Manchester City, Power Party, United Front for Democracy, Democrat Party Locations: BANGKOK, Thai, Singapore, Thai Rak Thai, Britain, Bangkok, Thailand
A new source for newsFor the Biden campaign, joining the social media site presents the possibility for modest rewards but also high risks. “The campaign is now on TikTok because frankly that’s where people are,” Biden campaign spokesperson Seth Schuster said in a statement to CNN. Those concerns have kept the White House off the app and may have delayed the Biden campaign’s decision to join. “It’s a meaningful signal that the Biden campaign acknowledges the power that young voters will have in November and prioritizes engagement with us,” said Jack Lobel, the national press secretary for Voters of Tomorrow. “This technique would’ve been successful, in my opinion, if he actually listened to young voters,” said.
Persons: CNN —, Biden, Donald Trump, Joe Biden’s, Brandon, Robert Hur’s, , Cate Domino, ” Biden, Pew, Seth Schuster, John Kirby, Jeff Jackson of, Sen, John Fetterman, Republican Mehmet Oz, “ It’s, Annie Wu Henry, – Biden, Harris, , Michael Tyler, Rob Flaherty, Beau, , ” Tyler, “ Joe Biden, Jack Lobel, ” Young, Kamala Harris, Ariana Afshar, TikTok, Israel, Claire Simon, Biden …, isn’t, Trump, Kasey O’Brien, Henry Organizations: CNN, TikTok, Public, Alliance for Youth, Democratic, Biden, Trump, Pew Research, , Republicans, ByteDance, National Security, Pennsylvania Democrat, Republican, MAGA Republicans, Super Bowl Locations: Gaza, Jeff Jackson of North Carolina, Pennsylvania, Israel, California, Rafah, , you’re
Biden made it clear he respected the role of a free press in a democracy and did not berate reporters in White House press conferences, nor did his administration suspend journalists’ credentials, as his predecessor’s did. But as the press has focused recently on Biden's age and memory, the president and his campaign team have become more confrontational. When Doocey asked how "bad" Biden's memory was, the president said, "My memory is so bad I let you speak." Kristi Noem on the air, "seconds after trying to criticize President Biden’s memory." But the pushback may not work the way the White House hopes.
Persons: Joe Biden, Donald Trump, Biden, , Peter Doocey, Doocey, Kamala Harris, hadn’t, Jesse Watters misidentifying, Kristi Noem, Helmut Kohl, David Clementson, Clementson, Ronald Reagan, “ that's, it's, Biden doesn't, Frank Sesno, Sesno, it's Donald Trump, Didn't Organizations: White, White House, NBC, Fox News, Biden, NATO, New York Times, South Dakota Gov, University of Georgia, Democratic opponent's, George Washington University Alliance, Trump Locations: White House, China, Russia, South, Europe
A fight is brewing in Washington over whether the mandatory retirement age for airline pilots should be raised from 65. The debate comes as baby boomers more broadly are reaching "peak 65" — the biggest number of Americans reaching that age in history. Age 65 has traditionally been thought of as retirement age. In France last year, pension reforms that raised the retirement age from 62 to 64 sparked fierce protests. In the U.S., the Senate is expected to mark up a Federal Aviation Administration reauthorization bill that will consider the pilots' retirement age.
Persons: Barry Kendrick Organizations: Alliance for Lifetime, Social Security, Finance, Federal Aviation Administration, Congress, Air Line Pilots Association Locations: Washington, U.S, France
LONDON — Far-right Dutch lawmaker Geert Wilders' hopes of becoming prime minister of the Netherlands are dwindling after coalition talks fell into disarray Tuesday. Wilders took to social media Tuesday evening to berate Omtzigt's withdrawal, calling the decision "incredibly disappointing." I don't understand it at all," Wilders wrote in a post on X, according to a Google translation. However, former Labor Party minister Ronald Plasterk, who has been leading the talks, earlier flagged finances as a major sticking point in talks. Alternatively, if no combination of parties can agree to form a coalition, a new election could be called.
Persons: Geert Wilders, Pieter Omtzigt, vexing Wilders, Wilders, Omtzigt's, Omtzigt, Mark Rutte, Caroline van der Plas, Ronald Plasterk, European Union —, Plasterk, Frans Timmermans Organizations: Party for Freedom, NSC, BBB, Labor, Reuters, European Union, Labour, Green Locations: Netherlands, Dutch, Europe
Others are calling for larger foundations to help grantees if they are sued or are offering legal assistance themselves. The Council on Foundations, which supports philanthropic foundations and provides legal resources to its members to help them consider potential legal risks, submitted an amicus brief in the case supporting the Fearless Fund's First Amendment argument. “If you’re committed to DEI or race-conscious or race-based giving, you should not back down on your priorities. We’re funding homelessness or employment or the wealth gap,” she said as examples of changes in wording funders have made. The Black Freedom Fund, which was founded in 2021 to fund Black community organizations in California, has started a legal defense fund for its grantees for precisely that reason.
Persons: aren't, Fearless, Edward Blum, Blum, , Searle, Sarah Scaife, Kathleen Enright, you’re, , John Palfrey, John D, Catherine T, Claudine Gay, Christopher Rufo, Bill Ackman, Gay, MacArthur, , Mae Hong, Carmen Rojas, Marguerite Casey, Rojas, can’t, ” Rojas, Marc Philpart, ” Philpart, Hong, they’re, ” Hong Organizations: , American Alliance for Equal Rights, Fair, Searle Freedom Trust, Sarah Scaife Foundation, Fidelity Investments, Donors Trust, National Philanthropic Trust, Foundations, MacArthur Foundation, Harvard University, Manhattan Institute, Harvard, Rockefeller Philanthropy Advisors, Blacks, Marguerite Casey Foundation, Freedom Fund, , Lilly Endowment Inc, AP Locations: Black, California
Judge Kevin Newsom, a Trump appointee, pushed back against the Fearless Fund's argument that the grants are protected by the First Amendment because they are charitable donations. He asked the Fearless Fund's attorneys whether the same protection would apply to a contest open only to white applicants. “I think that's a pretty simple yes or no,” Newsom said, interrupting when the attorney for the Fearless Fund, Jason Schwartz, started to reply. They’re saying, no, we want all the pie,” Ben Crump, a civil rights attorney who is also representing the Fearless Fund Fund, said a news conference following the hearing. But since the lawsuit was filed, the Fearless Fund has had trouble securing new investment, said co-founder Arian Simone.
Persons: Donald Trump, Barack Obama —, Fearless, Kevin Newsom, Edward Blum, ” Newsom, Jason Schwartz, Schwartz, ” Schwartz, ” Ben Crump, , Morgan Chase, Arian Simone, , ” Simone, Newsom, ______ Olson Organizations: MIAMI, American Alliance for Equal Rights, Trump, American Alliance, Black, Bank of America, Mastercard, Locations: U.S, Black, Miami, America, , New York
Many people are unlikely to stick with a diet not because of some personal failing but simply “because we are human,” she added. Offering ourselves compassion can help us see how freeing it is to accept that “the diet was never going to work,” Markey said. So tuning out all-or-nothing diet mindsets can improve our nutrition and benefit us in deeper ways. “Not only is it ineffective to diet — it’s in fact really negative in terms of both mental and physical health,” Markey said. “By pushing back against all these diet culture messages, we can help to change the norms,” Markey added.
Persons: Oona Hanson, you’re, , Charlotte Markey, dietitian Shana Minei Spence, Markey, Spence, ” Markey, ” Spence, it's, Organizations: CNN, Rutgers University, Boys, , National Alliance for
The crash diets have crashed, the brand-new budgets won’t budge and your Peloton is now the world’s most expensive laundry rack. But even if every one of your New Year’s resolutions is toast, there’s still one start-of-the-year chore you would be wise to handle: your retirement review. This is a perfect time to take stock of where your retirement is heading — whether you’re still on the job or have stopped working and are now collecting Social Security — financial planners say. Nearly all of them will need to support themselves for decades. Whether you are still working or already retired, reviewing your retirement plan and how it’s shaping up when compared with reality is a crucial step, said Michael Crews, author of the book “Saturday Everyday” and chief executive of North Texas Wealth Management in Allen, Texas.
Persons: you’re, Michael Crews Organizations: Alliance for Lifetime, North Texas Wealth Management Locations: Allen , Texas
ST. PAUL, Minn. (AP) — The Minnesota Legislature kicked off debate Thursday on whether the state should join the list of those that allow physician-assisted suicide. Ten states and the District of Columbia already allow some form of physician-assisted suicide, while proponents are planning fresh pushes to pass it this year in several other states. Patients would have to have the mental capacity to make their own health care decisions and provide informed consent, so those with dementia would not qualify. “Suicide is not health care. Current law already gives people the right to make legally binding end-of-care health care directives, the right to hospice and palliative care, and the right to refuse care, she said.
Persons: Mike Freiberg, Nancy Unde, Corcoran, ” Unde, I’m, Freiberg, John Hoffman, Champlin, , , Chris Massoglia, Blaine, ” Nancy Utoft, Utoft, Maysoon Khan Organizations: PAUL, The Minnesota Legislature, Democratic, District of Columbia, Supporters, Senate, Americans United, Life, Minnesota Alliance, Ethical Healthcare, Associated Press Locations: The, Golden Valley, Oregon, Washington, Minnesota, . Oregon, Vermont, New York, Connecticut, Albany , New York
A Mississippi poultry plant is facing more than $200,000 in fines after a teen worker was killed. AdvertisementA Mississippi poultry processing plant is facing more than $200,000 in fines from the US Department of Labor after a 16-year-old contract employee was killed after being pulled into a chicken deboning machine. Related storiesOn July 14, 2023, Pérez was sanitizing a chicken deboning machine when he became caught in a rotating shaft and pulled into the machine, according to the OSHA report. AdvertisementThe teenager was the second worker killed at the Hattiesburg facility in a little over two years. "Only about two years later nothing has changed and the company continues to treat employee safety as an afterthought, putting its workers at risk," he added.
Persons: , Mar, Jac, Duvan Tomas Pérez, Pérez, Kurt Petermeyer, Jac Poultry Organizations: Service, US Department of Labor, Occupational Safety, Health Administration, OSHA, Business, Immigrant Alliance for Justice, Equity, The New York Times, Department, Labor, Labor Department, The Times, Department of Labor Locations: Mississippi, Georgia, Guatemala, Hattiesburg
But others have targeted decades-old diversity programs that anti-affirmative action advocates have long tried to dismantle. said Danner-Okotie, who received $10,000 from a separate Fearless Fund grant. The Fearless Fund, Danner-Okotie said, grasped her mission of designing clothes for American women looking to celebrate their African heritage. The outcome of the case could be a bellwether for similar diversity programs. But some have made changes to diversity programs to try to protect them from legal scrutiny.
Persons: Sophia Danner, Okotie's, Fearless, Claudine Gay, Harvard Universitys, Erin Clark, Christopher Rufo, Harvard's, Rufo, George Floyd's, Danner, Okotie, Edward Blum, Morrison Foerster, Perkins Coie, Reagan, Dan Lennington, Lennington Organizations: Harvard, Harvard University, Boston Globe, Twitter, Black, Latina, American Alliance for Equal Rights, Disney, Pfizer, Comcast, Wisconsin Institute for Law & Liberty, Wisconsin Institute, U.S . Department, Business Enterprise Locations: America, Atlanta, India, Nigeria
According to Census Bureau data, 44% of boomers are at retirement age and millions more are soon to join them. And since younger boomers are less financially prepared for retirement than their older boomer siblings, the problem is bound to get worse. AdvertisementAs boomers continue to age out of the workforce, it's going to put strain on the healthcare system, government programs, and the economy. Not all boomers are richIt's undeniable that some boomers will enjoy a cushy retirement. The median retirement account for that age group has only $200,000 — meaning that half of 65- to 74-year-olds have even less saved up.
Persons: , it's, Rita Choula, Stevie Kuenn, Kuenn, Choula, Caregiving, Gen Organizations: Federal, AARP, Institute, Consumer Finances, Social Security, National Council, Medicare, Pew, National Alliance, American Health Care Association, Department of Homeland Security Locations: , Chicago, Ohio, America
Texas was the most recent: Since September, there has been no state sales tax on period products there. Over the last four decades, states with sales tax have been enacting laws that eliminate such taxes on menstrual products. Most states don't tax certain essential goods, such as grocery store produce, canned food and prescription medicines. "It's like, 'Do I spend money on gas to get to school or do I buy period products? In the future, states might also consider bills that make period products free in public restrooms, she added.
Persons: Lacey Gero, We've, Lisa Willner, bode, Jhumka Gupta, Gero, Willner, that's Organizations: Republican, Democrat, Alliance, George Mason University, Kentucky, D.C Locations: Alaska , Delaware , Montana , New Hampshire, Oregon, Texas, Kentucky, Minnesota, Washington, U.S, Alabama, Arizona , Michigan, New Mexico , New Jersey, Ohio, Ann Arbor , Michigan
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