What do shipping containers and artillery shells have in common? This isn’t a trick question. The answer is that both have been in very short supply at some point over the past three years. And these shortages tell us something disturbing about modern economies: They aren’t nearly as flexible as […]

“You just need a budget.” “Just spend less than you earn.” These kinds of simple one-liners are dime a dozen in the personal finance world. If saving money is so simple, then why does it feel so hard to achieve?Credit:Simon Letch On one hand, they come with good intentions to […]

Shares of Henkel AG & Co. KGaA were losing around 3 percent in the morning trading in Germany after the chemical and consumer goods firm reported Tuesday weak earnings in its fiscal 2022, despite increased sales. Further, the company maintained its dividend, and said it sees slower organic sales growth […]

Euro area inflation slowed less than expected, while core price growth continued to gain strength in February in the face of strong labor market conditions, strengthening the case for a long path of rate hikes from the European Central Bank even as energy prices stayed on downward trend. The harmonized […]

The easiest decision for Anthony Albanese this week would have been to play it safe and stick to the spirit of his assurance to Australians last May when he said he had no intention of making any changes to superannuation. The prime minister could have totally buried the idea of […]

As the cost of living continues to soar, covering the bills for a family is challenging enough. But spare a thought for those living alone. Paying your mortgage, utility bills, insurance and groceries is no mean feat when you’re relying on one income. Collaborative database Expatisan estimates the current cost […]

My wife and I are both 85. We rent as we do not own a home. I have advised my wife to convert my $1 million super account to cash in a bank account in the event of my death. I hope this will save tax and simplify her will. […]

The Commerce Department released a report on Friday showing a sharp increase in U.S. new home sales in the month of January. The report said new home sales spiked by 7.2 percent to an annual rate of 670,000 in January after soaring by 7.2 percent to a revised rate of […]

Germany’s consumer sentiment is set to strengthen for the fifth month in a row in March amid lower energy prices and recent data signaling that the biggest euro area economy may avoid a recession, survey results from the market research firm GfK showed Friday. The forward-looking Consumer Confidence Index for […]

China’s Xi Jinping faces an excruciating choice. He can stand back and allow Vladimir Putin to lose the war in Ukraine, leading to the downfall of his key strategic ally. That would risk the emergence of a Western-leaning government from the ruins of defeat. It would be the end of […]