Category: Economy
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After Netflix, It’s Costco’s Turn to Curb Subscription Sharing
Some consumers are buying Costco’s $4.99 rotisserie chicken and paying at self-checkout. The problem: they are not members of the chain. Since Costco expanded self-checkout, the company has noticed that non-member consumers are using membership cards that do not belong to them. The retailer is now requiring buyers to present their membership cards along with…
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Want to Retire Early? Follow the FIRE Movement
Have you ever dreamed of retiring early? If you’ve researched early retirement strategies, you may have come across the FIRE movement. The “Financial Independence, Retire Early” (FIRE) movement is a lifestyle that some people follow to become financially independent and retire earlier – sometimes decades before the traditional retirement age of 65. Many of the…
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Golden Passports: Some Hundreds of Thousands of Dollars Can Buy Citizenship in Some Places Around the World
The ease with which you can travel the world and how long you can stay at your chosen destination depends entirely on your passport.
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Avoid Sending Checks by Mail, Experts Warn. Check Theft is on the Rise
Experts warn that sending checks by mail is risky due to rising theft incidents, with the USPS reporting a significant increase in mail carrier robberies and check fraud.
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Insurers Are Leaving States With Higher Risks of Natural Disasters
Home insurance is becoming more expensive and, in many states, harder to find. The culprits? Climate change, which is causing more natural disasters, and the high cost of repairing properties. Major insurers have practically withdrawn from the Florida market, leaving homeowners with few options and paying premiums nearly four times higher than in other parts…
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Dollar Is Quoted Below R$4.80, Lowest Value in a Year
Brazilian economic activity exceeds expectations. The financial market’s forecast for the growth of the Brazilian economy this year has risen for the sixth consecutive time, increasing from 1.84% to 2.14%. The forecast for the National Consumer Price Index (IPCA) – considered the official inflation rate of the country – is also declining, dropping from 5.42%…
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For Those Looking to Rent in NYC, Prepare to Pay Record Prices
The rental prices in Manhattan hit another record in May, according to a monthly report released by the brokerage Douglas Elliman and Miller Samuel, a valuation and consulting firm. The average cost of renting an apartment in Manhattan was $4,395 in May. This represents a 10% increase compared to the previous year and a 3.6%…
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Inflation Cools in the U.S. It’s the Lowest in 2 Years
Inflation in the United States finally showed signs of weakening in May. The Labor Department reported on Tuesday (13) that the consumer price index rose only 0.1% in May compared to the previous month, down from the 0.4% increase recorded in April. Prices rose 4% annually. This was the slowest inflation growth rate since March…
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Silvio Berlusconi, The Showman Who Shook Italian TV and Politics, Dies at 86
Silvio Berlusconi, the media mogul who revolutionized Italian television and used his private channels to become the country’s most polarizing and prosecuted prime minister, died on Monday (12) in Milan. He was 86 years old. The cause of death was not disclosed, but he had been hospitalized since last week to treat leukemia and other…
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Summer Has Yet to Start, But Tourists Are Already Flooding Europe
In many parts of Europe, the summer tourism frenzy has already begun. The European Travel Commission forecasts strong demand for holidays in Europe in 2023, with nearly half of all destinations on the continent expecting a return of over 80% of 2019 figures, the pre-pandemic period. According to travel insurer Allianz Partners, the number of…