(NewsNation) — More Americans are dipping into their retirement savings as the cost of living continues to rise, according to three recent reports. Research from Bank of America, Empower and Fidelity show a similar trend: More people are taking loans and so-called “hardship withdrawals” from their nest eggs. It’s one sign consumers are having to … Read more
Australian homeowners are now facing more mortgage stress than any other nation, an International Montetary Fund report suggests. Mortgage stress refers to when more than one-third of a household income is spent on mortgage repayments. WATCH THE VIDEO ABOVE: Australians under more mortgage stress than any other nation. For more Real Estate related news and … Read more
Tata Consumer Ltd, part of the FMCG sector, hit a fresh record high in December and chart patterns suggest that the rally may not be over yet. Those who missed the rally can still look to buy the stock for a possible break above 1000 levels in the next 3-4 weeks, suggest experts. The FMCG … Read more
The president of the United Auto Workers union called on members to strike at dozens of facilities run by General Motors and Jeep parent company Stellantis on Friday, as the unprecedented work stoppage moved into its second week. Shawn Fain, the UAW president, told workers in a Facebook Live broadcast that Ford had made good … Read more
UK economy shank in Q3, raising recession risk NEWSFLASH: The UK economy is on the brink of recession, after new data shows GDP shrank slightly in the third quarter of the year. The Office for National Statistics has revised down its estimate for the economy in July-September. It now estimates that UK GDP fell by … Read more
(NEXSTAR) — While it seems that inflation is seeming to ease in some categories, the cost of nearly everything is still high. A recent analysis even determined most American households would need to spend an additional $10,000 or even more to afford the same goods and quality of life they had in early 2021. Fortunately … Read more
Ausrtalians are being urged to check their 20 cent pieces for a rare detail that could help skyrocket their value to prospective coin collectors. On most Australian 20 cent coins, the base of the number two is a straight line. WATCH THE VIDEO ABOVE: A rare 20c coin could be worth thousands. However, in a … Read more
LIC shares on Friday rallied 7.2% to hit a fresh 52-week high of Rs 820 on BSE after the Finance Ministry granted an extension to the PSU insurer for complying with 25% minimum public shareholding (MPS) norms till 2032. Sebi rules mandate all listed companies to maintain 25% public float but newly-listed companies are granted … Read more
The United Auto Workers announced Friday that it would expand its strike at Ford and General Motors to include another 7,000 workers, increasing the total number of strikers at the “Big Three” automakers to 25,000. UAW President Shawn Fain told members in a Facebook Live broadcast that the union had “momentum” in discussions with Stellantis, … Read more
The Post Office has almost halved the amount set aside for payments to branch managers wrongly convicted in the Horizon IT scandal as fewer than expected have won or brought appeals. The scandal, frequently described as “the most widespread miscarriage of justice in UK history”, resulted in more than 700 post office operators being prosecuted … Read more
