Disposable income rises in Q2, saving rate stays negative at -3 pct
Household disposable income increased by a solid 8.1 percent year-on-year (YoY) in Q2 this year, according to Hellenic Statistical Authority (ELSTAT) data released on Monday.
Household disposable income increased by a solid 8.1 percent year-on-year (YoY) in Q2 this year, according to Hellenic Statistical Authority (ELSTAT) data released on Monday.
Greece’s seasonally adjusted (SA) Wages Index grew by 7.4 percent year-on-year (YoY) in Q3, from 9.3 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures showed on Monday.
The confrontation between Greece’s government and protesting farmers remains unresolved, with both sides hardening their positions.
The U.S. government has paused a tech-focused trade pledge with Britain over broader disagreements about Britain’s digital regulations and food safety rules.
California and New York are among the states arguing that the Trump administration’s decision to charge that fee for skilled foreign workers is illegal.
Corporate tax revenue has quickly dipped since Republicans passed tax cuts this summer. But economists think these tax breaks might be worth it.
William Barton/ShutterstockMany businesses in the UK saw the 2025 budget as a tightening of the screw in a period of already difficult conditions. While the government insists it is not raising taxes on companies overall, disquiet among businesses could have an impact on jobs, wages and the wider economy.
Fed officials explained their opposition to the central bank’s decision this week to cut interest rates by a quarter of a percentage point.
Using investment accounts for charitable gifts could be influencing giving in unexpected ways. sesame/DigitalVision Vectors via Getty ImagesCharitable giving in the United States has changed significantly in recent years.
The election of Finance Minister Kyriakos Pierrakakis as president of the Eurogroup has been welcomed by forces across the political spectrum in Greece as the final recognition of the country’s comeback from the financial crisis.