Save articles for later Add articles to your saved list and come back to them any time. This may be the first time you’ve watched the managers of the economy using high interest rates and a tighter budget to throttle demand to get inflation down. But if it isn’t your first, have you noticed how much harder they’re finding it […]

Consumer prices in the U.S. inched up in line with economist estimates in the month of November, according to a highly anticipated report released by the Labor Department on Tuesday. The Labor Department said its consumer price index crept up by 0.1 percent in November after coming in unchanged in October. The uptick matched expectations. The modest increase in consumer […]

Save articles for later Add articles to your saved list and come back to them any time. The silly season is well and truly upon us, and while this time of year is traditionally associated with joy and celebration, all feelings at this time of the year are exaggerated. If you’re surrounded by beautiful friends and family, December turbocharges the […]

Save articles for later Add articles to your saved list and come back to them any time. When Vladimir Putin came to power in 2000, the outside world viewed those Russians known as “oligarchs” as men who whose vast wealth, ruthlessly amassed, made them almost shadow rulers. A “government of the few,” in the word’s etymology. The term has persisted […]

China’s factory activity rebounded in November as sustained rise in new orders lifted production, survey results from S&P Global showed on Friday. The Caixin manufacturing Purchasing Managers’ Index, or PMI, rose to a three-month high of 50.7 in November from 49.5 in October. Economists had forecast the index to rise moderately to 49.8. The health of the sector strengthened for […]

Factory Purchasing Managers’ survey results from the euro area and the UK are due on Friday, headlining a busy day for the European economic news. At 2.00 am ET, the UK Nationwide house price data is due. House prices are forecast to fall 2.3 percent on a yearly basis in November after easing 3.3 percent in October. At 2.30 am […]

Save articles for later Add articles to your saved list and come back to them any time. The post-pandemic jobs boom for white-collar workers is coming to an abrupt halt, as rising interest rates and a slowing economy dampen hiring across the financial services sector. From finance, to professional services such as consulting, to technology, there are clear signs some […]

Save articles for later Add articles to your saved list and come back to them any time. If I sell my house, how much time do I have to buy another one before I lose my age pension? The short answer is two years but in certain special circumstances, it can be extended to three years. In late 2022, the […]

Save articles for later Add articles to your saved list and come back to them any time. I own my home and an investment property. I have $220,000 in super and am 54 years old. I work full-time on an average wage. I also have shares valued at $100,000. With my assets and age, what should I be focusing on […]

The ongoing downturn in the euro area private sector suggested that the region might have entered a shallow recession in the final quarter of 2023, according to the latest purchasing managers’ survey results released by S&P Global on Thursday. The HCOB flash composite output index rose to 47.1 in November from 46.5 in October. The reading was also above economists’ […]