[Post 458] US Fed Might Pull Off A "Soft Landing". Why Does It Matter For You & What Happens Next? | Money Mind

Summary

The US Federal Reserve’s anticipated rate cuts are raising hopes of a soft landing for the world’s biggest economy. So what is a soft landing, and how can you benefit from one? 

[Post 457] US Interest Rate Cuts Coming? How Borrowers and Savers Can Prepare | Money Mind | Interest Rates

Summary

With rate cuts expected from the US Federal Reserve, what are the savvy money moves for borrowers and savers? 

[Post 456] Deep-Fried Food: How Many Times Can We Reuse Our Cooking Oil? | Talking Point | Full Episode

Summary

Who doesn’t enjoy crispy, golden deep-fried foods? But have you ever looked at the pot of oil it has been cooked it and wondered when was the last time it was changed? Recently, a Talking Point viewer wrote in to us with exactly this concern! He’s worried about how often cooking oil is reused in food establishments here in Singapore.

Join host Diana Ser, as she investigates how often hawkers and home cooks are changing their deep-frying oil and if it is in fact safe to consume food cooked in this oil. So she sends reused oils for a lab test and confronts hawkers with the shocking results. Could it be potentially dangerous to try to replace oil in a fryer full of hot deep-frying oil and is there a way to tell that food has been fried in oil used one too many times? 

[Post 455] I Pay $2,100/Month To Live With 23 Roommates in NYC | Unlocked

Summary

Ishan Abeysekera, 33, wanted to make friends when he moved to New York City. His solution? Communal living in Brooklyn.

Unlocked is a home tour series focused on how much people across the globe spend on their housing, what they get for the money and what they had to sacrifice to make it happen.

[Post 454] I'm Much Happier Living in Iceland Than In The U.S.— Here's How Much it Costs

Summary

Jewells Chambers is a 38-year-old American expat who lives on $73,000/year in one of the world's most expensive countries. She's lived in Iceland for eight years and has no plans to move back to the U.S.

This is an installment of CNBC Make It's Millennial Money series, which profiles people across the globe and details how they earn, spend and save their money.

[Post 453] Smash hit 'Black Myth: Wukong' triggers buying spree for gaming components

Summary

From game consoles to processors, global hit video game Black Myth: Wukong has triggered a buying spree for more advanced computers and upgrades in China. While the boom plays into China’s desire to boost domestic consumption, as CNA's Lauren Ong finds out, it may even have a bearing on how China sees the gaming industry amid the ongoing tech war with the West.

[Post 452] 'They’re Not Filial': China's Eldercare Problem And Nursing Home Stigma | Insight | Full Episode

Summary

China is facing an aging population. Over the next decade, about 300 million people are set to retire. This is nearly equivalent to the size of the US population. 

As the silver tsunami buffets China, the country has started to tackle this issue, aiming to build basic elderly care systems in every province by 2025. Services will include material assistance, nursing, and caregiving. But in a country where filial piety is considered a core virtue, sending one’s parents to a care facility is a social stigma. There is an expectation that children should look after their parents, a view particularly held among the rural population. But in the face of economic headwinds, caring for the aged is becoming an increasing burden on China’s sandwich generation.  

How will China navigate this cultural shift around eldercare?