Archive for November 4th, 2018

No matter what the next phase of your life will look like, there are some financial aspects you should consider now to help the transition go smoothly.

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<p>At a near-empty Hyundai Motor showroom in the Chinese mega city of Chongqing, the store manager is grumbling about his shortage of customers and a lack of bigger, cheaper SUV models popular in the world's largest auto market.</p>

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A group of younger workers, devotees of the FIRE movement, are seeking ways to leave the workplace decades ahead of the norm, ducking mistakes made by previous generations; five pounds of oatmeal for $3.

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Mujin, a start-up spun out of Tokyo University, has developed industrial robots that can fully automate warehouses and fulfillment centers. After doing this for JD.com in China, it plans to enter the U.S. marketplace.

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Micron, a company in Idaho that makes memory chips, has been locked in bitter trade secrets dispute with a state-backed Chinese rival called Fujian Jinhua. Now it has the US government in its corner.

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President Donald Trump insists his new North American trade deal will deliver a victory for U.S. factory workers by returning many high-paying jobs to the United States. Maybe. But a review of the agreement suggests that it could also mean higher prices for consumers and more inefficiencies for businesses. And the biggest winners might end up being robots and the companies that make them.

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As pensions disappear, retirement savers are left to fill that gap on their own, and that job's getting tougher to do all the time. America has a retirement problem. Over the past decades, macroeconomic trends and shifts in corporate thinking have made the process of planning for retirement harder to navigate for the average worker. A drift from defined benefit pension plans in favor of employer-sponsored 401(k) plans has impacted the current…

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Here's a reason to not celebrate your 100th time around the sun: Your life insurance company might cash out your policy and leave you owing the IRS. Here's why that's the case and what you can do about it.

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<p>Ten years after the Great Recession, 25- to 34-year-old men are lagging in the workforce more than any other age and gender demographic. About 500,000 more would be punching the clock today had their employment rate returned to pre-downturn levels.</p>

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IBM is paying $34 billion for open-source software company Red Hat. Bob Young was unemployed and broke when he co-founded Red Hat in 1993.

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Emerging-market assets rallied, with a gauge of equities completing its best week since 2016 amid growing hopes for improvement in the U.S.-China trade relations and optimism for additional stimulus by the Asian nation.

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