Suisun City has tried to revive its fortunes for years. The latest idea: Annex land owned by California Forever, a tech-billionaire-funded plan for a new city north of San Francisco.

Using a large survey of euro area consumers, we conduct an experiment in which respondents report how they would adjust their labor market participation, hours worked, and job search effort (if not employed) in response to randomly assigned windfall gain scenarios. Windfall gains reduce labor supply, but only when the gains are substantial. At the extensive margin, gains of €25,000 or less have no effects, while gains between €50,000 and €100,000 reduce the probability of working by 1.5 to 3.5 percentage points.

Housebuilder revises guidance after ‘subdued market’ over the summer

In a wide-ranging interview with public broadcaster ERTnews on Tuesday morning, Prime Minister Kyriakos Mitsotakis sought to reassert control over the political narrative, dismissing speculation about early elections and doubling down on his government’s reform agenda.