Save articles for later Add articles to your saved list and come back to them any time. Too many Australians are still languishing in underperforming super funds that will leave them worse off in retirement, the industry regulator has found, with workers urged to make the switch to a better-performing fund. The latest performance test by the regulator, the Australian […]

Canon Inc. (CAJ), a Japanese multinational company focused on optical, imaging, and industrial products, on Wednesday reported an increase in earnings for the first-quarter, amidst a rise in sales, driven by improved demand and a recovery from Covid-19 pandemic and related issues. In addition, for full year 2023, the company has raised up its previous outlook. For the three-month period […]

Dutch consumer electronics giant Philips Electronics NV (PHGFF.PK,PHG) reported Monday that its first-quarter net loss was 665 million euros, wider than last year’s loss of 151 million euros. Loss per share was 0.75 euro, compared to loss of 0.17 euro a year ago. The latest results included 575 million euros litigation provision related to the anticipated resolution of the Respironics […]

Save articles for later Add articles to your saved list and come back to them any time. I like to rebel against the markers of my age group – I prefer playing soccer to scrolling social media, I’m rarely seen holding a placard in the street, and I think avocado on toast is fairly average, actually. But I’m here to […]

A report released by the Commerce Department on Friday showed U.S. retail sales fell by much more than expected in the month of March. The Commerce Department said retail sales tumbled by 1.0 percent in March after dipping by a revised 0.2 percent in February. Economists had expected retail sales to decline by 0.4 percent, matching the drop originally reported […]

A highly anticipated report released by the Labor Department on Wednesday showed a modest increase in U.S. consumer prices in the month of March. The Labor Department said its consumer price index inched up by 0.1 percent in March after climbing by 0.4 percent in February. Economists had expected consumer prices to rise by 0.3 percent. The uptick in consumer […]

For many, living with debt is a part of everyday life. But for some, as their level of debt – and stress – increases, bankruptcy is becoming an increasingly common option. Bankruptcy is a legal process where an individual is declared to be unable to repay their debts. It typically lasts for three years, during which a trustee is appointed […]

Economics is not a sexy topic. My Tinder profile reads “friendly, rarely bites”, but neglects to mention I’m of the rare breed that enjoys talking about the cash rate over dinner. As it plays out in the world of dating apps, however, economics is intriguing, amusing and occasionally insightful. Dating apps like Tinder have opened up an unprecedented world of […]

Employment in the U.S. private sector increased by less than expected in the month of March, according to a report released by payroll processor ADP on Wednesday. ADP said private sector employment rose by 145,000 jobs in March after climbing by an upwardly revised 261,000 jobs in February. Economists had expected private sector employment to advance by 200,000 jobs compared […]