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More than 90% of 401(k) plans now offer Roth contributions – but only 21% of workers take advantage
The share of employers that offer a Roth 401(k) option has increased a lot over the years. A 2022 law will make it nearly ubiquitous among plan sponsors.CNBC - 33m -
Congress has the power to block Trump from taking office, but lawmakers must act now
Democrats need to take a stand against Electoral College votes for a person disqualified by the Constitution.The Hill - 33m -
20 essential music documentaries to stream right now
A guide to essential music documentaries that look at musicians and bands over the decades.Los Angeles Times - 2h -
FirstFT: China’s EV sales zoom past western rivals
Also in today’s newsletter, deal drought squeezes private equity payouts and why Canadians are steering clear of ice hockeyFinancial Times - 2h -
Temu’s Takeover Is Now Complete
Despite the arrival of new competitors and growing political tensions between the US and China, the ecommerce juggernaut Temu proved in 2024 it’s here to stay.Wired - 3h -
China’s EV sales set to overtake traditional cars years ahead of west
Volumes forecast to rise 20% next year, smashing international projections and Beijing’s official targetsFinancial Times - 8h -
China and Japan agree to talks on security issues as they seek to mend ties
China and Japan have agreed to set up talks on often contentious security issuesABC News - 20h -
Don't Look Now, but China's AI Is Catching Up Fast
Chinese artificial-intelligence startups are using workarounds to challenge OpenAI despite a lack of access to advanced chips.The Wall Street Journal - 2d -
The 'Invisible Wall' Amplifying China's Population Doom Loop
A two-tier system that has long made workers leave children behind in villages is cutting into birthrates.The Wall Street Journal - 2d -
Syria's Rebel Leaders Have Control of the Country. Now What?
The new Islamist-led government promises moderation, but officials aren’t committing to such issues as women’s rights or free elections.The Wall Street Journal - 2d -
These two tech giants just ended a bitter court battle. Now comes the hard part.
Arm and Qualcomm aren’t done fighting yet.MarketWatch - 2h -
20 Years Ago a Tsunami Killed 230,000 People. We Can Do Better Now.
With better technology, we could further shorten the time between an earthquake and when the tsunami warning goes out.The New York Times - 7h -
World Bank lifts China growth forecast but calls for deeper reforms
Multilateral lender says greater detail of policies is needed to bolster household and business confidenceFinancial Times - 7h -
India roars ahead of China to top Asian IPO rankings
Fast-growing Indian market behind only the US in money raised by company listingsFinancial Times - 8h -
The Mega Millions jackpot is now $1.15 billion, and that’s not the only thing fueling December lottery sales
Scratch-off games are also popular during the holiday seasonMarketWatch - 15h -
I Never Felt Like This in China Before
America must compete with China, but there’s also a complicated reality that both countries have to face.The New York Times - 16h -
The China-India rivalry will define the future of Asia
In recent years, India is tasting the bitter fruits of Modi’s initial efforts to appease China.The Hill - 1d -
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The rise and rise of Maye Musk: China’s love affair with Elon Musk’s mother
The 76-year-old is part of a trend of ‘silver influencers’ whose success in the face of adversity resonates strongly. Could she be Elon’s secret weapon in China?. Maye Musk is a busy woman. As well ...The Guardian - 1d -
China steps up campaign for single people to date, marry and give birth
Women receive cold-calls about family planning and universities asked to offer ‘love courses’ to tackle demographic crisisFinancial Times - 1d -
Where is Santa right now? These people know
The Norad Tracks Santa website receives several million visitors each year from more than 200 countries and territories.BBC News - 1d -
Republicans succeed in clawing back more IRS tax-cheat enforcement funds. For now.
The IRS estimates there will be 8,000 fewer audits of wealthy taxpayers and businesses though 2029 without the sidelined $20.2 billion.MarketWatch - 1d -
‘I Don’t Digest Food Properly Now’: The Pressure of Managing a Soccer Team
Premier League managers have a hard time switching off. Some struggled to describe how they relax.The New York Times - 1d -
How Trump’s tariffs can generate both economic and political reform in China
If Trump is allowed by Elon Musk to stick to his guns, he can apply to China the principle he announced for his domestic opponents: “Success will be our retribution.”The Hill - 1d -
My Social Security benefit will be $4,500 a month. My wife’s is now $615. Can she get more?
“She stopped working about 15 years ago and started drawing her Social Security when she was 62.”MarketWatch - 2d -
Where is Santa right now? NORAD tracker maps his Christmas flight
NORAD, the North American Aerospace Command, is tracking Santa on his trip around the world this Christmas, so children and families can see where he is right now.CBS News - 2d -
‘We need to be prepared’: China adapts to era of extreme flooding
While some residents take to building houses in trees, officials recognise need for national response to climate disasters. Every summer, Dongting Hu, China’s second-largest freshwater lake, swells ...The Guardian - 2d -
FirstFT: Private equity groups unable to sell or list China-based portfolio companies
Also in today’s newsletter, picks for France’s new cabinet, and Russian cargo ship sinks in the Mediterranean SeaFinancial Times - 2d -
Questions Emerge About Data Used by China to Defend Against Doping Allegations
China and the World Anti-Doping Agency say that positive tests for a banned drug among elite Chinese swimmers were a result of unwitting contamination. But the science behind that assertion is not ...The New York Times - 2d -
Did Elon Musk kill a bill blocking investments in China to help Tesla?
Democrats have accused the Tesla CEO of influencing the government-funding bill to his own benefit.MarketWatch - 2d -
Only 1 hospital in northern Gaza now able to provide services, say officials
Health officials say there is just one hospital left providing humanitarian aid services in northern Gaza amid the ongoing Israel-Hamas war.ABC News - 2d -
‘A sense of freedom’: China’s small bookshops relocate across the world
As stores that were spaces for open discussion have been forced to close, new ventures spring up overseas. On 24 November, exactly two years after a fire in an apartment building in Xinjiang ...The Guardian - 2d -
These Students Ousted Bangladesh’s Government. Now They’re Rebuilding a Democracy.
It is a daunting task for Bangladesh. But an unusual mix of young people and seasoned technocrats are determined to make the most of their opening.The New York Times - 2d -
Private equity investors trapped in China as top firms fail to find exit deals
Sales and listings of Chinese companies by world’s biggest buyout groups have ground to a halt, data showsFinancial Times - 2d -
What is neijuan, and why is China worried about it?
The buzzword – which went viral after a student was filmed working on his laptop while riding his bicycle – reflects a mix of competitiveness and hopelessness amid China’s slowing economy. On the ...The Guardian - 2d -
Timberwolves' Anthony Edwards, fined again for publicly ripping refs, now up to $135K in fines this season
Edwards has lost $135,000 in fines over a 15-game spanCBS Sports - 2d -
France has a new government. Now it must fix the budget while avoiding collapse
French President Emmanuel Macron’s office announced a new government Monday, after the previous Cabinet collapsed in a historic vote prompted by fighting over the country’s budgetABC News - 2d -
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US targets China with probe into semiconductor industry
The White House on Monday launched a new probe into China's semiconductor industry as the Biden administration continues to take more aggressive action against Chinese technology out of national ...The Hill - 2d -
Australia to extradite former Marine pilot who worked in China
Australia has agreed to extradite a former Marine pilot whom the U.S. has accused of training Chinese pilots more than a decade ago. Australian Attorney General Mark Dreyfus confirmed in a ...The Hill - 2d
