65-year-old retirees in France now have higher incomes than working-age adults—meanwhile, American boomers can’t even afford to retire

Amid a budget crisis, French political parties are pushing for a revival of tax-the-rich policies that President Macron aimed to eliminate.

Editor’s Note: This situation highlights the ongoing struggle in France over economic policies and the balance between taxation and government stability. The push for these policies could lead to significant political shifts and impact the country's economic future.

The US and China have reached a framework deal regarding TikTok's ownership, aiming for a transition to US control. This agreement follows trade talks in Madrid and is expected to be finalized by Presidents Trump and Xi Jinping.

Editor’s Note: This deal is significant as it addresses ongoing concerns about data security and ownership of TikTok, a popular social media platform. The outcome could influence US-China relations and set a precedent for future tech ownership discussions.

Building a credit history from scratch in the United States is essential for financial health. This article provides practical steps to establish and improve your credit score, which can lead to better loan terms and financial opportunities.

Editor’s Note: Understanding how to build a credit history is crucial for anyone starting their financial journey. A good credit score can open doors to loans, mortgages, and even job opportunities, making this knowledge vital for long-term financial success.

UK pay growth remains high, but rising inflation is overshadowing wage increases, leading to a reluctance to hire and increasing unemployment.

Editor’s Note: This situation is significant as it highlights the challenges faced by workers in the UK. Despite higher wages, the cost of living is rising faster, making it harder for people to make ends meet. Understanding these dynamics is crucial for policymakers and businesses.

Vietnam has requested the United States to reconsider its ban on seafood exports. This appeal highlights ongoing trade discussions between the two nations.

Editor’s Note: This matters because seafood exports are crucial for Vietnam's economy, and the ban could impact trade relations. Reconsidering the ban may lead to improved economic ties and benefit both countries.

France is considering blocking the 'passporting' of crypto licenses within the EU, which could impact the regulatory landscape for cryptocurrency businesses.

Editor’s Note: This move is significant as it could hinder the growth of the crypto industry in Europe, affecting businesses that rely on cross-border operations. The decision reflects ongoing tensions in the EU regarding how to regulate digital currencies.

The Bank of France has reduced its economic growth forecasts for the next two years, citing concerns over political instability and budget uncertainties following a recent government collapse.

Editor’s Note: This matters because a lower growth forecast can impact investment decisions, consumer confidence, and overall economic stability in France, highlighting the importance of political stability for economic health.

Analyst Albert Edwards criticizes French and British boomers for undermining the futures of Gen Z, highlighting the wealth gap exacerbated by quantitative easing.

Editor’s Note: This issue is significant as it reflects the growing frustration among younger generations regarding economic disparities and the perceived selfishness of older generations. Edwards' comments may resonate with many who feel that their futures are being compromised.

The wealth tax plan, supported by Zohran Mamdani and criticized by business leaders, aims to impose higher taxes on millionaires. Economist Gabriel Zucman argues this could reduce inequality and generate essential funds.

Editor’s Note: This plan is significant as it reflects a growing trend in both New York and France to address wealth inequality. By targeting the wealthy, proponents believe it could lead to a fairer distribution of resources and support public services.

France is facing challenges to its fiscal credibility due to political instability and rising debt levels. These issues could impact the country's economic stability and investor confidence.

Editor’s Note: This situation is significant as it may affect France's ability to manage its finances effectively, which in turn could have broader implications for the European economy and global markets.

Financial regulators from France, Austria, and Italy are calling for the EU to enhance its supervision of major crypto companies and improve regulatory consistency across member states.

Editor’s Note: This push for better coordination in crypto supervision is significant as it aims to create a more unified regulatory framework in the EU, addressing current disparities and enhancing investor protection.

This guide provides an overview of personal loans and consumer credit in the United States, detailing their features, benefits, and considerations for borrowers.

Editor’s Note: Understanding personal loans and consumer credit is essential for making informed financial decisions. This guide helps consumers navigate their options and choose the best solutions for their needs.

Beijing announced that TikTok's US app will utilize a Chinese algorithm. This comes as Donald Trump extends the deadline for a potential shutdown of the platform, indicating ongoing negotiations with China.

Editor’s Note: This development is significant as it highlights the complexities of international relations and technology. The use of a Chinese algorithm in a US app raises concerns about data privacy and security, while the extended deadline suggests that a resolution may be on the horizon.

Bank of America predicts that gold prices could reach $4,000 per ounce by the second quarter of 2026, suggesting further growth potential after recent record highs.

Editor’s Note: This prediction is significant as it indicates a bullish outlook on gold, which could impact investors and the commodities market. Understanding these trends can help investors make informed decisions.

The U.S. government has ordered Delta and Aeromexico to end their partnership, which allowed them to coordinate flight pricing and schedules. This decision follows claims from U.S. Transportation Secretary Sean Duffy that Mexico is treating U.S. airlines unfairly.

Editor’s Note: This matters because the dissolution of this partnership could impact flight options and prices for travelers. It highlights ongoing tensions between U.S. and Mexican airlines, potentially affecting competition and consumer choice in the aviation market.

Lei Qiu, CIO at AllianceBernstein, discusses the expanding adoption of AI and the opportunities it presents, emphasizing the need for caution. She shares insights on Bloomberg Tech.

Editor’s Note: This discussion is significant as it highlights the growing role of AI in various sectors and the balance between embracing innovation and exercising caution. Understanding these dynamics can help businesses navigate the evolving landscape.

The FDA has issued over 100 letters to Hims & Hers and other weight loss drugmakers, warning them to stop using false and misleading advertising. This action highlights concerns about the integrity of marketing practices in the weight loss industry.

Editor’s Note: This matters because misleading advertising can lead consumers to make uninformed health decisions. The FDA's intervention aims to protect public health and ensure that companies provide accurate information about their products.

ServiceNow is set to open an AI hub in West Palm Beach, Florida, creating 850 new jobs. This initiative is part of a new tower project developed by Stephen Ross.

Editor’s Note: This expansion highlights ServiceNow's commitment to growing its AI capabilities and workforce, which is significant for the local economy and the tech industry in Florida.