Japan’s population slid for a third year with the proportion of people over the age of 65 at a global record, underscoring the challenge the world’s most- indebted economy faces in financing its aging society.
In the sanctuary above an herbal tonic bar, before a seated Buddha and a pair of mandalas, 48 volunteers for congressional candidate Marianne Williamson close their eyes and meditate as Annelise Balfour, the manager and head facilitator of the Source Spiritual Center, intones a welcome prayer.
More than two-thirds of the gauges on Janet Yellen’s labor-market dashboard are still showing worse readings than before the recession, reinforcing her belief that the economy will need “extraordinary support” from the Federal Reserve for “some time to come.”
People born from 1966 to 1980, known as Generation X, are fatter and twice as likely to have diabetes as Baby Boomers were at the same age, according to an Australian study that predicts younger generations will be sicker and costlier to care for in old age.
Economists are split over how long Japan’s government has to rein in the world’s biggest debt burden, a Bloomberg News survey shows, adding to a debate on whether the government should keep ratcheting up a sales tax.