Almost 700,000 people get divorced each year, causing havoc with family finances and crippling children emotionally and financially. Over a longer measurement period, almost four in ten marriages end in divorce. The rate varies wildly by state and there are some clear reasons why. Formrush looked at CDC and Statista data to determine divorce rates across 45 states. It then […]

Save articles for later Add articles to your saved list and come back to them any time. With Aussies en masse seeking to save on their mortgage, the question I’m asked most often is: how do I identify the best-value home loan? Actually, people usually ask for the “cheapest”, but that’s only what they think they want. There are now […]

Videndum Plc (VID.L), a provider of hardware and software solutions to the film and content creation industry, on Tuesday reported a decline in pre-tax earnings for the first-half of 2023, amidst a fall in revenue. The company noted that its financial performance significantly hurt by ongoing macroeconomic headwinds and effects of destocking, and compounded by the U.S. writers’ strike. For […]

Despite a moderate improvement, the euro area private sector remained in the contraction territory in September, adding to fears of a recession in the second half of the year. The flash results of the purchasing managers’ survey by S&P Global showed that the HCOB flash composite output index rose to 47.1 in September from 46.7 a month ago, while it […]

Norway’s central bank raised its key interest rate by 25 basis points on Thursday, as signaled during the previous meeting, and sounded more hawkish than expected with Governor Ida Wolden Bache saying that there would likely be another hike in December as inflation remains significantly above the bank’s 2 percent target. The Monetary Policy and Financial Stability Committee raised the […]

Import prices in the U.S. increased by more than expected in the month of August, according to a report released by the Labor Department on Friday, with the report also showing a much bigger than expected surge in U.S. export prices. The Labor Department said import prices climbed by 0.5 percent in August following a downwardly revised 0.1 percent uptick […]

Save articles for later Add articles to your saved list and come back to them any time. When my parents migrated to Australia 33 years ago, Japan was at the height of its economic power. They were often asked why they moved when business was booming in Japan. In 1990, Australia’s annual production was about $450 billion compared to $4.8 […]

Russia’s central bank delivered another sharp interest rate hike on Friday, citing crystallizing significant proinflationary risks. The board of directors of the Bank of Russia decided to raise the key rate by 100 basis points to 13.00 percent. The outcome of the meeting widely matched the expectations. The bank had previously hiked the rate by 350 basis points at an […]

Federal stimulus checks are nowhere in sight, so it is important that you take advantage of every opportunity to avail yourself of any regular federal credits. One such credit is the American Opportunity Tax Credit (AOTC), which provides financial relief to students pursuing higher education. Eligible students can get an annual credit of up to $2,500. American Opportunity Tax Credit: […]

Reflecting a spike in energy prices, the Labor Department released a report on Thursday showing producer prices in the U.S. increased by more than expected in month of August. The Labor Department said its producer price index for final demand advanced by 0.7 percent in August after climbing by an upwardly revised 0.4 percent in July. Economists had expected producer […]