income
France's outgoing Prime Minister, Gabriel Attal, has proposed a change to national income tax in a letter entitled "action plan for the French people", according to Le Monde. Attal, a member of the Renaissance party led by President Emmanuel Macron, has suggested that taxpayers should be able to send a portion of their contributions towards a "freely chosen mission within the state budget". This policy, sometimes referred to as participatory budgeting, was already suggested by the socialist politician Christine Pirès Beaune last year. In an amendment, then rejected by the presidential majority...
Euronews (English)
Most European countries recorded growth in both real household income per capita and real Gross Domestic Product (GDP) per capita in the first quarter of 2024 according to the Organisation for Economic Co-operation and Development (OECD). Poland experienced the largest increase in disposable income per capita, rising by 10.2% compared with a decrease of 2.7% in the last quarter of 2023. According to the OECD, this growth was "mainly driven by increases in employee compensation, social benefits other than in-kind transfers, and property income". Portugal followed with the second-largest increas...
Euronews (English)
Even if you’re getting a Social Security paycheck and dividends from a nest egg, you may struggle to make ends meet in retirement. One solution is to take on new side gigs for generating extra revenue, but as you get older, you may not have the physical stamina, cognitive capacity, or personal interest in pursuing some of the most common retirement hobbies and side gigs. What enjoyable, accessible hobbies can help you earn extra money in retirement? Identifying the Perfect Side HobbiesIn this article, we’ll be covering a handful of the side gigs we feel are most appropriate for a wide audience...
Due
The revenue earned by Bitcoin (BTC) miners, primarily through block rewards and transaction fees, declined consistently over 2 weeks to record a new yearly low on Aug. 11. On Aug. 11, daily earnings of the Bitcoin mining community dipped to a new yearly low of $2.54 million, a number last seen in October 2023. The Bitcoin mining community had long anticipated a significant drop in revenue following the Bitcoin halving event in April 20, which reduced mining rewards to 3.125 BTC from 6.25 BTC. The need for a new Bitcoin mining strategyAs expected, daily revenue from Bitcoin mining dipped under ...
Cointelegraph
Although the ongoing cost of living crisis, as well as soaring inflation and higher interest rates have acted as deflators somewhat, several European countries have still seen higher apartment prices per square metre over the past year. According to a study by Deluxe Holiday Homes using data from the Bank of International Settlements (BIS) and Numbeo, Serbia takes the crown for the steepest rise in apartment prices from 2023 to 2024. Lithuania comes in at second place, with Romania a close third. Malta and Spain have also seen significant apartment price increases in the last year. Although Se...
Euronews (English)
Washington (AFP) - The US Federal Reserve's favored measure of inflation remained unchanged in April, according to government data published Friday, as services prices remained elevated. The news will likely lead the US central bank to keep interest rates elevated throughout the summer, as it balances a desire to start easing monetary policy with the need to keep inflation falling towards its long-term two percent target. The personal consumption expenditures (PCE) price index rose at an annual rate of 2.7 percent in April, the Commerce Department said in a statement, while monthly inflation...
AFP
Washington (AFP) - Amazon founder Jeff Bezos took back his spot as the world's richest man on Monday, dethroning Elon Musk on the Bloomberg Billionaires Index. Bezos' net worth stands at $200 billion, according to the tracker, surpassing the Tesla chief's $198 billion. Musk, who also heads X (formerly Twitter) and SpaceX, has seen his riches fall by more than $30 billion as Tesla's share price has dropped 25 percent in recent months. Adding to Musk's woes, a court in January approved the annulment of his enormous Tesla compensation agreement, worth $55.8 billion and originally struck in 2018. ...
AFP
Washington (AFP) - The US central bank's favored measure of inflation edged lower on an annual basis in January, government data showed Thursday, but a metric stripping out volatile food and energy prices jumped month-over-month. The new data highlights the challenges facing the Federal Reserve, which has recently poured cold water on the prospects of early rate cuts amid a strong economy, low unemployment and inflation that remains above its long-term target of two percent. The personal consumption expenditures (PCE) price index rose at an annual rate of 2.4 percent in January, down 0.2 perce...
AFP
Washington (AFP) - The US Federal Reserve's favored measure of inflation ticked higher last month, according to government data published Friday, indicating that its long-running battle against rising prices is not over yet. The latest announcement will likely ensure the US central bank keeps interest rates on hold at its next decision announcement on Wednesday, as policymakers continue talks on when to start cuts. The personal consumption expenditures (PCE) price index rose at an annual rate of 2.6 percent last month, unchanged from November, the Department of Commerce said in a statement. On...
AFP
Move over, P.T. Barnum. Make way, Sarah Bernhardt. Today, anyone can make an income being a headliner thanks to the upsurge in popularity of the humble online podcast. Though podcasting has been around for more than 20 years, it’s only recently begun to take off. Just how big is the podcast scene? Spotify boasts no fewer than five million titles. Apple Podcasts promises millions as well. And those are just two of the many places to find podcasts to whet your appetite. Here’s the thing, though: You aren’t relegated to just listening to podcasts. Thanks to the low barrier to entry, you can work ...
Due
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