Pay Gap Closing but Women May Face Retirement Shortfall

Many Americans struggle to save for retirement, but the gender wage gap makes the prospects for women even more dire: The average woman must save $1.25 for every $1 a man invests to build an equivalent nest egg, a new study shows. For every $1 men earned in 2015, women, on average, made 80 cents, up from 77.5 cents in 2007, according to an analysis of the latest data available from the U.S. Census Bureau.

Pay Gap Closing but Women May Face Retirement Shortfall

Many Americans struggle to save for retirement, but the gender wage gap makes the prospects for women even more dire: The average woman must save $1.25 for every $1 a man invests to build an equivalent nest egg, a new study shows. For every $1 men earned in 2015, women, on average, made 80 cents, up from 77.5 cents in 2007, according to an analysis of the latest data available from the U.S. Census Bureau.

U.K. Parliament Approves David Clementi as BBC Chair

A committee questioned him about such topics as whether the U.K. public broadcaster should launch a new version of ‘The Great British Bake Off’ after losing the baking competition to Channel 4. David Clementi is one step closer to becoming chair of a newly organized BBC board after winning approval for his appointment in the U.K. parliament. The British government last week unveiled Clementi, a former Bank of England deputy governor, as its preferred candidate for the BBC chair role.

Renovating your home? Here are the hot design trends for 2017.

Houzz , a popular interior design website, reviewed posts by its 40 million users as well as data from the interior design products industry to identify home trends they expect to be at the forefront this year. a Pendant lights moving from the kitchen to the bedroom : Hanging pendant lights above your bed or nightstand frees up space previously occupied by a table lamp.

Singapore’s GIC Said to Hit Government Snag in Vietnam Deal

Singapore sovereign fund GIC Pte has hit a snag as it seeks government approval for its planned investment in Bank for Foreign Trade of Vietnam JSC, the nation’s biggest lender by market value, people with knowledge of the matter said. The deal, originally expected to be completed by the end of 2016, hasn’t yet been approved by Vietnamese authorities, according to the people.

Ex-Deutsche Bank Forex Trader Faces Jail for Defrauding Firm

A former Deutsche Bank AG foreign-exchange trader faces a possible prison sentence after a Singapore court convicted him of defrauding the company by making false trades. Toh Hway Khuan, 51, pleaded guilty on Wednesday to 13 charges relating to using the bank’s account to get preferential rates on the dollar in November 2009.