Author: Reporter

Mexico has been taking a bashing lately for allegedly serving as a conduit for Chinese parts and products into North America, and officials are afraid a re-elected Donald Trump or politically struggling Canadian Prime Minister Justin Trudeau could try to leave their country out of the U.S.-Mexico-Canada free trade agreement. Mexico’s ruling Morena party is so afraid of losing the trade deal that President Claudia Sheinbaum said the government has gone on a campaign to get companies to replace Chinese parts with locally made ones. “We have a plan with the aim of substituting these imports that come from...

More shoppers than ever are on track to use “buy now, pay later” plans this holiday season, as the ability to spread out payments looks attractive at a time when Americans still feel the lingering effect of inflation and already have record-high credit card debt. The data firm Adobe Analytics predicts shoppers will spend 11.4% more this holiday season using buy now, pay later than they did a year ago. The company forecasts shoppers will purchase $18.5 billion worth of goods using the third-party services for the period November 1 to December 31, with $993 million worth of purchases...

The narrative of a miserly, Scrooge-like figure hoarding his wealth for years instead of enjoying his retirement might seem unbelievable but unfortunately, it is not relegated only to fiction. It is a cold reality for many retirees. According to the Life Cycle Hypothesis, this should not need to happen. A retiree who is financially prepared for retirement should keep a consistent income in retirement, and her overall consumption should not change. WHO IS STRUGGLING TO SPEND THEIR RETIREMENT INCOME? About 25% of retirees fall into the camp of people who decrease spending during retirement. Moreover, research suggests this problem...

It is a practice that is about as American as apple pie, accusing immigrant and minority communities of engaging in bizarre or disgusting behaviors when it comes to what and how they eat and drink, a kind of shorthand for saying they do not belong. The latest iteration came at the presidential debate, when former President Donald Trump spotlighted a false online tempest around the Haitian immigrant community of Springfield, Ohio. He repeated the groundless claim previously spread by his running mate, JD Vance, that the immigrants were stealing dogs and cats, the precious pets belonging to their American...