Gen Z and millennials are increasingly ‘doom spending.’ Here’s what it is and how to stop it
‘Doom spending’ is taking off among young people, as life goals such as owning a home or starting a family feel increasingly out of reach.
China’s youth unemployment hits fresh high amid economic slowdown and restrictive hiring policies
The jobless rate for people in China ages 16 to 24, and not in school, rose to 18.8% last month. That’s up from 17.1% in July, and 13.2% in June.
Japan is pushing a 4-day working week — but its workaholic culture makes it a hard sell
Japan has ramped up its push for companies to adopt a four-day workweek, but those efforts face steep challenges in a country famous for its workaholic culture.
Australia’s REA sweetens takeover offer for Britain’s Rightmove to $8.1 billion
REA Group has raised its takeover offer for Rightmove to £6.1B ($8.12B) after the UK’s largest real estate portal rejected two previous proposals.
Asia markets mostly higher as investors digest Fed rate cut, policy moves from regional central banks
Investors assessed Friday’s monetary policy decisions from Japan and China and worries grow over the health of the Asian countries’ economy.
China stimulus calls are growing louder — inside and outside the country
The world’s second-largest economy has remained under pressure from a real estate slump and tepid consumer confidence.
India rules out joining world’s largest trade deal, accuses China of ‘very opaque’ trade practices
The RCEP is the world’s largest free trade agreement by GDP of its members.
Here’s where to invest $1 million, according to the pros
CNBC Pro asked veteran investors how they would allocate their portfolios with as much as $1 million. They shared tips catered to three levels of risk appetite.
CNBC Daily Open: Recession concerns still linger
Last week’s burst of euphoria was mostly driven by anticipation and celebration of the Fed’s rate cut. Markets this week will look at the hard data coming out.
Here are 3 stocks to buy after the Fed’s ‘crisis level cut,’ according to one strategist
Slatestone Wealth’s Kenny Polcari says “people [are] scratching their heads, going, what’s it really mean?” He shares what he’s investing in right now.
