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Born into crisis, gen Z is saving for retirement like no other generation | Gene Marks
Research published at the end of last year by the Investment Company Institute with help from the University of Chicago found that gen Z – those born between 1997 and 2012 – are “outpacing” earlier generations in contributing to retirement, having more than three times more assets in their 401(k) retirement savings accounts than gen X households had at the same time in 1989, adjusted for inflation.This mirrors a 2023 study from the TransAmerica Center for Retirement Studies, which found that gen Z is doing a “remarkable job” saving for retirement with many putting away as much as 20% of their income towards the future.It’s no wonder why.The oldest of this generation probably have early memories of the 2009-2010 financial crisis. They have lived through a global pandemic
The spirit of the G8 ‘make poverty history’ summit of 2005 seems long gone | Heather Stewart
Twenty years ago this weekend, the leaders of the world’s most powerful countries, chaired by Tony Blair, gathered at the Scottish golf resort of Gleneagles and made a series of historic promises on debt relief and overseas aid.It was the culmination of a long-running campaign involving charities, churches and celebrities and benefited from the passionate commitment of Gordon Brown, for whom international development is a lifelong cause.A few days before, more than 200,000 campaigners had gathered in Edinburgh and formed a noisy, joyful human chain, demanding that the world’s leaders “make poverty history”.As a result of the momentum created and the promises made, international aid increasedand 36 countries eventually had their crippling overseas debts drastically reduced.There are many reasons it would be hard to envisage a Gleneagles summit today
Skirting the issue: Designer dress goes missing from Bezos-Sánchez wedding
Lauren Sánchez packed 27 designer dresses for her wedding to the billionaire Amazon founder, Jeff Bezos, in Venice last week, but left with only 26 after one went missing.The couple, who are now honeymooning in Taormina, Sicily, were wed during a star-studded three-day celebration in the lagoon city.They left Venice on Sunday, but mystery over the missing dress has generated chatter in Venice, with Corriere della Sera claiming that it was stolen, possibly by someone who evaded security and gatecrashed a party on the tiny island of San Giorgio, where the couple exchanged rings, on Friday. The newspaper said the number of gatecrashers to the event was such that officers from the local unit of Italy’s anti-terrorism squad, Digos, were called to the island.The newspaper also alleged a vintage Dolce & Gabbana-designed dress, either worn by the bride or wedding guest Ivanka Trump, was torn and caught fire during another party
Fears AI factcheckers on X could increase promotion of conspiracy theories
A decision by Elon Musk’s X social media platform to enlist artificial intelligence chatbots to draft factchecks risks increasing the promotion of “lies and conspiracy theories”, a former UK technology minister has warned.Damian Collins accused Musk’s firm of “leaving it to bots to edit the news” after X announced on Tuesday that it would allow large language models to write community notes to clarify or correct contentious posts, before users approve them for publication. The notes have previously been written by humans.X said using AI to write factchecking notes – which sit beneath some X posts – “advances the state of the art in improving information quality on the internet”.Keith Coleman, the vice-president of product at X, said humans would review AI-generated notes and the note would appear only if people with a variety of viewpoints found it useful
Lando Norris wins British GP amid wild weather at Silverstone: Formula One – live
“Oh wow,” says Norris. “Everything I have ever dreamed of. Your mind goes blank. The main thing is don’t f**k it up. Incredible achievement
Tour de France 2025: Van der Poel wins stage two and takes yellow jersey – live
1. Mathieu Van der Poel (Alpecin-Deceuninck), 8hrs 38mins 42secs 2. Tadej Pogacar (UAE Team Emirates-XRG), +4secs 3. Jonas Vingegaard (Visma-Lease a Bike), +6secs 4. Kévin Vauquelin (Arkéa-B&B Hotels), +10secs 5
UK carmakers on track to meet EV sales target despite the intense lobbying push to lower quota
EU leaders race to secure a deal as deadline looms in Trump trade talks
Elon Musk’s ‘America’ party could focus on a few pivotal congressional seats
Minister demands overhaul of UK’s leading AI institute
England v India: second men’s cricket Test, day five – live
Wimbledon 2025: Norrie and Sabalenka in action, Kartal bows out, Alcaraz to come – live