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Monthly Archives: June 2023

Air travel to be disrupted by ‘very frustrating’ supply chain issues, IATA’s Willie Walsh says

Supply chain issues will impact air travel in 2023, IATA director general says. Juliette Michel | Afp | Getty Images Air travel will be affected by “very frustrating” supply chain issues this year, according to Willie Walsh, director general of the International Air Transport Association, as he discussed the challenges …

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US, China trade barbs at security summit Shangri-La Dialogue

SINGAPORE — A handshake and a ministerial lunch were all that the U.S. defense chief and his Chinese counterpart shared on the sidelines of a regional security summit in Singapore. Ahead of the annual Shangri-La Dialogue which kicked off Friday, Beijing rejected a U.S. request for a bilateral meeting between …

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China heading for Japan-like stagnation? Macquarie says worst is behind

A food delivery worker sits outside a restaurant at a shopping mall in Beijing on May 30, 2023. Jade Gao | Afp | Getty Images BEIJING — China’s economic recovery from the pandemic is set to broaden, meaning the country isn’t headed toward Japan-style stagnation just yet, according to Macquarie’s …

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Student loan payments will restart soon. Many borrowers aren’t ready

Djelics | E+ | Getty Images Richelle Brooks’ budget is already tight. She doesn’t know what she’s going to do when federal student loan payments resume in the fall. The single mother of two has seen all her expenses rise over the last few years amid high inflation. “I go …

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Across the Spider-Verse’ domestic box office opening

Still from Sony’s “Spider-Man: Across the Spider-Verse.” Sony Spider-Man returned to the big screen this weekend, webbing up an estimated $120.5 million at the domestic box office. Sony’s “Spider-Man: Across the Spider-Verse,” the much anticipated sequel to the Academy Award-winning “Spider-Man: Into the Spider-Verse,” had the second-biggest opening of 2023, …

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How Ford, GM auto dealers are thinking about Detroit’s EV future

Ford Mustang Mach-E vehicles at a Ford dealership in Colma, California, on July 22, 2022. Bloomberg | Getty Images After a home, buying a car is the most expensive purchase most consumers will ever make during their lifetime. The transition to electric vehicles by major auto makers is likely to …

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What Target, Anheuser-Busch and others should expect next

Pride Month merchandise is displayed at a Target store on May 31, 2023 in San Francisco, California.  Justin Sullivan | Getty Images Even before Pride month was underway, it seems as if it was open season on companies celebrating the LGBTQ community. One by one, companies have come under an …

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Barack Obama shares advice for his daughters on success, happiness

You might think it’s worth sacrificing vacations, family time and sleep for your career — especially if it leads to a raise or promotion. It’ll also make you a lot unhappier, says former U.S. president Barack Obama. “What you want is a balance,” Obama told LinkedIn News’ “This Is Working” …

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People who live the longest share these 2 traits

Living a longer life has been linked to many behaviors like healthy eating and regular exercise, but can a person’s personality also play a role? “Ikigai: The Japanese Secret to a Long and Happy Life,” one of the most popular books about longevity, highlights the practices of “blue zones,” areas …

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How much Americans have in their 401(k)s at every age

Gen Z’s retirement savings have grown more than any other generational cohort over the past year, Fidelity Investment’s latest retirement analysis reveals. Gen Zers with 401(k)s saw their average account balances grow by 34% between the first quarter of 2022 and the first quarter of 2023 — a higher increase …

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