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Frugal is the new trend for young Chinese as the economy falters

Frugal is the new trend for young Chinese as the economy falters

BEIJING, Sept 19 (Reuters) – Before the pandemic, Doris Fu imagined a different future for herself and her family: a new car, a bigger apartment, fine dining on weekends and vacations on tropical islands. Instead, the 39-year-old marketing consultant from Shanghai is one of many Chinese in their 20s and 30s cutting spending and saving …

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Biden, unions and railroad leaders fight for deal as shutdown looms

Biden, unions and railroad leaders fight for deal as shutdown looms

DETROIT/LOS ANGELES, Sept 14 (Reuters) – Biden administration officials held labor contract talks on Wednesday evening to avoid a possible rail shutdown that could disrupt freight shipments and hamper food supplies and fuel, but a small union rejected a deal and Amtrak called it all off. long-distance passenger travel. Railroads including Union Pacific (UNP.N), Berkshire …

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US railroads to suspend grain shipments ahead of possible shutdown - farm sources

US railroads to suspend grain shipments ahead of possible shutdown – farm sources

CHICAGO, Sept 13 (Reuters) – Some U.S. railroads will begin halting crop shipments on Thursday, a day before a possible work stoppage, an agricultural association and sources at two grain cooperatives said on Tuesday, threatening exports and producers. livestock feed deliveries. As farmers begin harvesting fall crops that are shipped to meat and biofuel producers, …

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Biden administration urges unions, railroads to avoid shutdown

Biden administration urges unions, railroads to avoid shutdown

The United States Chamber of Commerce building is seen in Washington, DC, U.S., May 10, 2021. REUTERS/Andrew Kelly Join now for FREE unlimited access to Reuters.com Register WASHINGTON/LOS ANGELES, Sept 12 (Reuters) – The Biden administration has urged railroads and unions to reach a deal to avoid a rail work stoppage, saying on Monday it …

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