Global youth unemployment rises amid sluggish job creation and looming AI risk, UN labour agency says

MSCI kept South Korea classified as an emerging market last month, FT reported, citing the absence of a fully convertible offshore won market.   An upgrade to developed status could attract about US$30bn from passive funds, BNP Paribas Securities estimates.   But the country’s index weighting would drop sharply, from about 24 percent of MSCI’s emerging market benchmark to roughly 3 percent of…

Key insight: The Bank of America agreement is the first bilateral agreement in USAA’s licensing campaign. Every earlier deal had another institution paying for a license to USAA’s patents. Supporting data: Bank of America holds nearly 7,400 granted patents and pending applications, which it calls the most of any financial services company. USAA advertises more…

Just the Tip: Instead of putting all your savings into one CD, split it across multiple CDs with staggered maturity dates, say 3, 6, 12, and 24 months. When each one matures, you can reinvest or access the cash. You get higher rates than a savings account without leaving all your money tied up at…

Ethos Best For: People who want meaningful term life coverage fast, with no medical exam, from a fully online process backed by highly rated carriers What Sets It Apart: Algorithmic underwriting replaces the medical exam with a few health questions and delivers an instant decision for most applicants; policies are issued by A…

What does it actually mean to have “enough” — and how do you know when it’s time to stop optimizing and start living? This week’s questions all circle the same tension: how do you keep building financial security without losing the years you’re supposedly securing it for? Joe and I help a Coast FI couple…

Hasbro tried selling Play-Doh to adults once before with scents literally named “mom jeans” and “overpriced latte.” It was a disaster. Now the 102-year-old toy company is trying again with Blooms by Play-Doh, a new line that guides adults through turning putty into floral arrangements, the Wall Street Journal reports. The earlier attempt, 2020’s Grown-Up…