Author: usaeverydaylife

Westend61 | Westend61 | Getty ImagesSome young people are splashing out on luxuries like travel and designer clothes instead of saving, in a trend that’s being characterized as “doom spending” on social media.Doom spending is when a person mindlessly shops to self-soothe because they feel pessimistic about the economy and their future, according to Psychology Today.It’s happening because young people are chronically online and feel like they’re constantly receiving “bad news,” she said. “It makes them feel like Armageddon.”The practice is both “unhealthy and fatalistic,” Ylva Baeckström, a senior lecturer in finance at King’s Business School and a former banker,…

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An office worker studying electronic diagrams on a computer at control-panel maker in Japan.Bloomberg | Bloomberg | Getty ImagesJapan 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.The Japanese government recently initiated a “work style reform” campaign aimed at promoting flexible work arrangements, shorter hours and overtime limits. To further encourage this initiative, the labor ministry has also begun providing subsidies and free consulting services. The move marks a more concerted effort after the government first floated support for a shorter workweek in 2021…

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UNCASVILLE, Conn. — More than four months have passed since Caitlin Clark began her WNBA career at Mohegan Sun Arena against Connecticut Sun on opening night of the 2024 season. But during the Indiana Fever’s playoff debut Sunday against those same Sun, it felt a lot like May.Connecticut was the more composed, veteran team, and executed as such in a 93-69 win. The Sun’s defense — along with some odd clock issues in the first half — prevented the Fever from ever establishing a flow on offense, as they swarmed the passing lanes and used their length to deter shots.Indiana…

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A job fair in China’s southwestern city of Chongqing on April 11, 2023.Str | Afp | Getty ImagesChina’s youth unemployment rate in August rose to the highest level since the new system of record-keeping began in December, data from the National Bureau of Statistics showed, amid an economic slowdown.The jobless rate for people in China ages 16 to 24, and not in school, rose to 18.8% last month, according to the latest data on Friday. That’s up from 17.1% in July, and 13.2% in June. China’s urban unemployment rate across all age categories rose 5.3% in August, compared to a…

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Two-time Super Bowl-winning coach Jimmy Johnson, had a message for Carolina Panthers owner David Tepper during a Fox Sports appearance on Sunday.“The owner of the Carolina Panthers, that’s the problem,” Johnson, who led the Dallas Cowboys to consecutive championships in 1992 and 1993, said. “He’s making the major decisions without listening to his football people. David Tepper, it’s his team. He can do whatever he wants to, but look at the people that’s left. He’s the one who wanted Bryce Young as the No. 1 pick.“You look at Christian McCaffrey, D.J. Moore, Brian Burns, Baker Mayfield, Sam Darnold. You look…

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Rightmove logo is seen displayed in this illustration taken April 10 2023.Reuters | Dado RuvicAustralian property listing firm REA Group has made a third pitch to buy British rival Rightmove with a new 6.1 billion pound ($8.12 billion) offer on Monday after its two previous offers were rejected.The latest offer consists of 341 pence in cash and 0.0422 new REA shares giving Rightmove an implied value of 770 pence per share.Shares of REA, which is 62% owned by Rupert Murdoch’s News Corp, dropped 1.52% on Monday.Rightmove did not immediately respond to a request for comment on the new non-binding bid outside normal U.K.…

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Local residents with umbrellas walk out of a metro station in rain during morning rush hour on September 20, 2024 in Beijing, China. China News Service | China News Service | Getty ImagesBEIJING — More economists are calling for China to stimulate growth, including those based inside the country.China should issue at least 10 trillion yuan ($1.42 trillion) in ultra-long government bonds in the next year or two for investment in human capital, said Liu Shijin, former deputy head of the Development Research Center at the State Council, China’s top executive body.That’s according to a CNBC translation of Liu’s Mandarin-language remarks…

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With the Boston Red Sox all but mathematically out of postseason contention, manager Alex Cora let out some of his frustration during Sunday’s doubleheader opener against the Minnesota Twins.In the top of the first, Cora calmly walked out of the dugout to talk to the umpires after an obstruction call was made at second base. But the interaction turned heated with Cora waving his arms wildly. He then ran out to the second base bag, motioning with his hands from his eyes to the bag, while pointing furiously at second base umpire Dan Merzel. Cora then had to be held…

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Indian flag and Chinese flag displayed on screen.Anadolu | Anadolu | Getty ImagesIndia’s commerce minister rejected the idea of joining the Regional Comprehensive Economic Partnership, the world’s largest trade deal, maintaining that it is not in the country’s interest to be part of a free trade agreement with China.”India is not going to join the RCEP because neither did it reflect the guiding principles on which ASEAN was started, nor is it in the nation’s interest to do a free trade agreement with China,” India’s Minister of Commerce and Industry Piyush Goyal told CNBC’s Tanvir Gill in an interview.The RCEP…

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Stay informed on all the biggest stories in Formula 1. Sign up here to receive the Prime Tire newsletter in your inbox every Monday and Friday. SINGAPORE — Under the lights of Marina Bay, Lando Norris was simply untouchable.Regularly lapping 1.5 seconds quicker than Max Verstappen, his Formula One championship rival, Norris never looked for a moment like he’d lose the Singapore Grand Prix.Norris was poised to record his first career ‘grand slam,’ scoring victory from pole position, leading the entire race (on his eighth attempt from pole, he managed to retain the lead on the opening lap) and setting the fastest lap.His benchmark…

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