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Self-interest widening wealth gap between old and young
48+ min ago (493+ words) Is the wealth gap between old and young Australians becoming a gulf? Former federal Treasury secretary Ken Henry has declared young workers are being "robbed" by the tax system, while ex-Victorian treasurer Tim Pallas calls the intergenerational wealth gap a…...
India’s Growth Story Runs Through Its States: Why Convergence Has Re-emerged After the Pandemic
50+ min ago (805+ words) Economic theory suggests that poorer regions, with lower capital stock and income levels, should be able to grow faster than richer ones " a process known as "catch-up" or convergence. If several large, low-income states enter such a phase simultaneously, the…...
One Year In, Trump’s Economy Defies the Experts and Outpaces G7
58+ min ago (87+ words) One Year In, Trump's Economy Defies the Experts and Outpaces G7 One year into Donald Trump's new presidency, the verdict from the data is clear: the apocalyptic consensus forecasts have failed, and the United States stands as the only major developed…...
6 mistakes can quietly drain your retirement savings.How to enjoy smoother sailing in retirement
1+ hour, 18+ min ago (818+ words) Most retirement advice focuses on one thing: save as much as you can. Many estimates show you may need close to $1 million to retire comfortably in many states, and as much as $2 million in more expensive places like Hawaii (1). But…...
Weekly Review: Bursa Malaysia Ends Holiday-Shortened Week Slightly Lower
1+ hour, 21+ min ago (270+ words) Bursa Malaysia closed the trading week of Dec 22 to Dec 26 marginally lower, as thin holiday liquidity and year-end profit-taking capped gains following a brief mid-week rally. The local market opened the week on a firmer note, with investors selectively positioning…...
Stocks dip slightly as investors return from Christmas holiday in light trading
1+ hour, 38+ min ago (263+ words) The S&P 500 index was down 0.1% as of 2:30 p.m. ET, the Dow Jones Industrial Average was down 0.2%, and the Nasdaq composite was up 0.1%. Institutional investors are largely closed out of their positions for the year. The S&P 500 has climbed nearly…...
Household econ. stability stagnant at crisis levels?
2+ hour, 18+ min ago (1367+ words) 28 Dec 2025 | By Maheesha Mudugamuwa Many Sri Lankan households continue to grapple with the harsh realities of life after the economic crisis despite official data showing signs of stabilisation in food prices. Vegetables and staples may have eased slightly in cost,…...
Russian official warns a banking crisis is possible amid nonpayments. ‘I don’t want to think about a continuation of the war or an escalation’
2+ hour, 28+ min ago (532+ words) Russia's financial system is reportedly coming under more strain as Moscow's war on Ukraine nears the end of its fourth full year. The White House is seeking to revive peace talks this weekend with Ukrainian President Volodymyr Zelensky due to…...
US stocks end near record high as Nvidia gains on AI licensing deal
2+ hour, 34+ min ago (506+ words) US stocks end near record high as Nvidia gains on AI licensing deal| Gulf Times'Gulf Times...
How ‘Skinny’ Fed Accounts Protect Crypto Users from Debanking — Lummis
2+ hour, 37+ min ago (361+ words) [How ]Introduction U.S. lawmakers and industry insiders are witnessing a potential shift in how the federal banking system interacts with cryptocurrency firms. A recent proposal from Federal Reserve officials aims to grant crypto and fintech companies access to "skinny" master accounts,…...