Massachusetts taxpayers could get some tax relief soon. Gov. Maura Healey and top lawmakers recently talked about sending tax relief from Massachusetts to residents. However, whether or not the tax relief will actually happen depends largely on key metrics, the lawmakers signaled. Tax Relief From Massachusetts: What Is Gov. Healey Saying? On Monday, Gov. Healey and top lawmakers hinted that […]

Germany’s industrial production recovered at a faster than expected pace in November, underpinned by higher output of energy-intensive industries, but the weaker rate of growth suggest the biggest euro area economy slid into a mild recession in the final three months of 2022. Industrial production grew 0.2 percent from October, when output decreased a revised 0.4 percent, Destatis reported. Production […]

Germany’s factory orders declined the most in more than a year in November on a steep fall in foreign demand that was in sync with the weaker exports data released earlier, while retail sales rebounded despite high inflation, offering a mixed picture of the biggest euro area economy. Factory orders plunged 5.3 percent in November from October, data from Destatis […]

House prices in the United Kingdom declined for the fourth successive month in December, as the increasing cost of living along with high interest rates led to an overall slowdown in the housing market, survey data from the Lloyds Bank subsidiary Halifax showed on Friday. The house price index dropped 1.5 percent month-on-month in December, following a 2.4 percent decrease […]

The UK construction sector contracted for the first time in four months in December as higher price pressures pulled orders down, a closely watched survey showed Friday. The S&P/Chartered Institute of Procurement & Supply construction Purchasing Managers’ Index fell more-than-expected to 48.8 in December from 50.4 in November. The expected reading was 49.6. Output contracted for the first time since […]

With the more closely watched monthly jobs report looming, the Labor Department released a report on Thursday showing a modest decrease in first-time claims for U.S. unemployment benefits in the week ended December 31st. The report said initial jobless claims slipped to 204,000, a decrease of 19,000 from the previous week’s revised level of 223,000. Economists had expected jobless claims […]

Saving money for a comfortable retirement is extremely crucial, but it isn’t always easy. Although you may have Social Security, a 401(k) and/or Roth IRA, there are always chances that you will end up outliving the savings. Moreover, with inflation at record levels, your savings may not go as far as they used to. In fact, an October 2022 survey […]