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China two-child policy not imminent

China's health ministry on Thursday dampened speculation that the country could dump its one-child policy and allow families to have two. The world's most populous country has restricted most families to one child since the late 1970s, but its ruling Communist party said in November that couples would be allowed to have two children so long as one of the parents is an only child.

Gen X and Y may be too confident about house, kids and retirement: BMO

TORONTO - Take off the rose-coloured glasses, Generation X and Generation Y. That's the message from the Bank of Montreal Wealth Institute, which says young adults and teens may be overly confident about facing life's major financial milestones. According to a 13-page report issued Friday, the bank says 68 per cent of those recently surveyed in these age groups believe they'll be able to buy a house at some point.

American dream increasingly found in cities, not suburbs

When Justine Posluszny Bello became pregnant with her first child, the 30-year-old professional decided to swap her surburban existence for a new life in the heart of Washington -- the exact opposite of the path chosen by her mother a generation earlier. "We wanted to raise our kids in an urban environment," said the former resident of Falls Church, a suburb roughly 20 minutes outside the American capital. Posluszny Bello said a dislike of having to drive everywhere nudged her towards a new life in Washington.

Gen Y likes tech-savvy green cars, but cost a barrier: study

By Deepa Seetharaman DETROIT (Reuters) - Young U.S. consumers want vehicles outfitted with expensive technology that boosts gas mileage and keeps them safe and connected, according to a survey published on Thursday. But the high cost of car ownership remains a stumbling block. These consumers, ages 19 to 36 and known as Generation Y, are also three times more likely than their parents to abandon car ownership if costs escalate, consulting firm Deloitte LLP said in the study.

Vegas tourism execs urged to embrace generational marketing at annual conference

LAS VEGAS, Nev. - Baby boomers are suckers for appeals to their narcissism. Generation Xers can't stand their parents. And millennials want to feel like do-gooders. These aren't tired stereotypes. They're lessons marketing consultants say the Nevada tourism industry needs to start using if it wants to pull new customers into casinos. Marketing consultant Chuck Underwood urged a room of executives and officials to think more critically about their patrons during the annual Nevada Governor's Conference on Tourism on Wednesday in Las Vegas.

Driving on the decline in U.S. cities, study says

By Jim Forsyth SAN ANTONIO (Reuters) - Americans in most major U.S. urban areas are driving less, and in some cases a lot less, due to improvements in technology as well as shifting attitudes toward taking to the road, a report released on Wednesday said. The main drivers of the change are more people working at home, fewer people commuting to work by private car and many young professionals opting not to own a car at all, according to the Texas Public Interest Research Group.

Study compares tech habits of Canadian boomers versus Gen Y and Z consumers

TORONTO - Canadian boomers have lagged behind younger tech-obsessed consumers when it comes to buying gadgets and getting hooked on the web, but a new report suggests that might be changing. The results of telephone surveys with more than 6,000 Canadians conducted on behalf of the Media Technology Monitor were used to compare technology trends among members of Gen Y (defined as 24- to 33-year-old consumers), Gen Z (aged 18 to 23) and the 47-to-67 boomer demographic.

Young adults say technology can be dehumanizing -poll

NEW YORK (Reuters) - Millennials are tech-savvy young adults who grew up with smartphones and iPads, but many think technology makes people less human, according to a poll released on Thursday. The survey of 12,000 people aged 18 and older in eight countries, commissioned by Intel Corporation, also showed that 18- to 24-year-olds want technology to be more personal and know their habits. Older women and those living in emerging markets are the most enthusiastic about the role technology can play in their lives, the findings showed.

China police rescue 92 kidnapped children: state media

BEIJING (Reuters) - Chinese police have rescued 92 children and two women kidnapped by a gang for sale and arrested 301 suspects, state media said on Saturday, in one of the biggest busts of its kind in years. Police simultaneously swooped on locations in 11 provinces on September 11 after a six-month investigation, China Central Television and state news agency Xinhua said, quoting the Ministry of Public Security. No reason was given for the delay in reporting the operation.

Gates tops Forbes rich list again as young wealthy play catch up

By Beth Pinsker NEW YORK (Reuters) - The richest 400 Americans are significantly richer in 2013 than they were last year and younger Americans are accumulating wealth at a faster clip than their baby boomer counterparts, according to two reports released Monday.
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