Gen Z's Financial Anxiety: Economic Worries Mount
A new study reveals Gen Z's deep concerns about money, with economic instability and high costs fueling widespread financial anxiety among young adults.
Category : Economy
IRS Tax Refund Delays Amid Staffing Shortages and Changes
The IRS expects 164 million tax returns by April 15, with average refunds potentially rising to $4,167. However, a worker exodus may cause significant delays, and electronic refunds take 21 days, paper ones four weeks or more.
IRS Tax Refund Delays Expected in 2026 Due to Staff Shortages
The 2026 tax filing season faces significant challenges with potential refund delays due to IRS staff reductions and new direct deposit requirements. Learn how to track your refund and what to expect.
Cucumbers Become 'Golden' Luxury in Wartime Russia
Official statistics reveal cucumber prices have doubled in Russia, sparking consumer anger and political intervention amid wartime inflation and economic strain.
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Youth Unemployment Crisis vs Creator Economy Rise in Britain
As youth unemployment hits 16.1%, a YouTuber's Eurovision selection highlights how young Britons are forging careers in the creative digital sector despite traditional job market woes.
BrewDog Takeover Bid Exposes UK Hospitality Crisis
As BrewDog faces mounting losses and a potential sale, former CEO James Watt's rumored takeover bid highlights deeper failures in Britain's struggling hospitality sector and political neglect.
RBA: Inflation May Not Hit Target Until 2028, Rate Rises Possible
The Reserve Bank of Australia warns inflation may not return to its 2-3% target until late 2028, with minutes hinting at further interest rate increases, adding pressure to mortgage holders.
Social Security Faces 2032 Funding Crisis, Benefits at Risk
A new report warns Social Security's retirement fund could run dry by 2032, forcing benefit cuts of hundreds of dollars monthly for millions of Americans unless Congress intervenes.
Asia's Economic Growth Faces Global Challenges
Asia's economic expansion is slowing due to trade tensions, inflation pressures, and supply chain disruptions, impacting regional stability and global markets.
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Record CEO Turnover: Companies Choose Younger, Cheaper Leaders
US companies are replacing CEOs at the highest rate since 2010, favoring younger, less experienced executives in response to market pressures and AI disruption.
Record CEO Turnover: Firms Hire Younger, Cheaper Executives
US companies are replacing CEOs at the highest rate since 2010, with a shift toward younger, less experienced leaders in response to market pressures and AI disruption.
Record US Tax Refunds Expected in 2026 from OBBBA Law
American taxpayers are anticipating significantly larger refunds for the 2025 tax year, with early IRS data showing a 10.9% increase, driven by President Trump's One Big Beautiful Bill Act.
UK Consumer Confidence at Two-Year Low Amid Debt Gloom
A new S&P Global survey reveals UK consumer confidence has plummeted to its lowest in two years, with households feeling 'dismal' about finances as debts mount and spending stalls.
Japan Avoids Recession with Weak 0.1% Growth in Q4
Japan narrowly escapes a technical recession as GDP grows 0.1% in Q4, missing forecasts. Private consumption drives expansion amid weak exports and public spending.
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TUC Calls for Rate Cuts to Boost UK Consumer Spending and Growth
The Trades Union Congress pushes for Bank of England interest rate cuts to stimulate the economy, citing sluggish 0.1% GDP growth and poor consumer demand compared to OECD peers.
Japan's Economy Stalls: 0.2% Growth, 2025 at 1.1%
Japan's economy grew at a sluggish 0.2% annual pace in the last quarter, with 2025 expansion at just 1.1%, as exports fell and private consumption provided limited offset.
Australia's $5.4tn Inheritance Threatens Equality and Democracy
Over the next 20 years, Australia faces a $5.4 trillion wealth transfer from baby boomers, raising concerns about social mobility, economic equality, and trust in democracy.
China's Lunar New Year Migration Targets Economic Boost in Year of the Horse
China anticipates a record 9.5 billion passenger trips during the extended lunar new year holiday, with officials hoping festive spending will drive domestic consumption and economic recovery.
IMF Urges Major Australian Tax Overhaul in May Budget
The International Monetary Fund has called for sweeping tax reforms in Australia, including raising GST, removing exemptions, and cutting stamp duty, ahead of the May budget.
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HMRC Urges Millions to Claim Child Benefit Over £100 Monthly
HM Revenue & Customs reminds families they could be entitled to vital Child Benefit payments exceeding £100 per month, plus National Insurance credits for pensions.
Record 1,000 UK Under-30s Earn Over £1m Annually
HMRC data reveals a record 1,000 UK taxpayers under 30 earned over £1m last year, an 11% rise, with influencers and tech salaries cited as key drivers of this growth.
Winter Fuel Payment: Four Reasons Pensioners Must Repay Money
Millions of pensioners received Winter Fuel Payments, but the DWP warns of four circumstances requiring repayment, including income over £35,000 and reporting failures.
10 Legitimate Ways to Earn Extra Money in 2026
Consumer champion Vicky Parry reveals ten tried-and-tested side hustles for 2026, from TV extra work to AI content correction, with warnings on pitfalls and realistic expectations.
UK Economy Shows Surprising Resilience in Latest Data Analysis
While headline growth figures appear weak, deeper analysis reveals improving productivity, stronger retail sales, and rising consumer confidence, suggesting underlying economic strength.
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Valentine's Day Costs Soar, Inflation Outpaces Wages
TUC analysis reveals Valentine's Day essentials like steak and chocolate have surged in price, far exceeding wage increases, highlighting the ongoing cost-of-living crisis.
HMRC Urges Brits to Claim Overpaid Tax Refunds
HM Revenue and Customs warns up to one million people annually fail to reclaim overpaid tax. Use the HMRC app or online services to check and claim refunds easily.
2026 UK Bank Holidays: Easter Dates Shift Two Weeks Earlier
The 2026 UK bank holiday calendar sees key changes, with Easter moving two weeks earlier than 2025 and a substitute Boxing Day. England, Wales, Scotland, and Northern Ireland have varying totals.
Hidden Costs of a Cashless Society: Exclusion and Privacy
As the UK moves towards a cashless economy, experts warn of rising financial exclusion for vulnerable groups and increased privacy risks from digital transactions.
Brian Bell Appointed Treasury Chief Economic Adviser
Labour market expert Prof Brian Bell, chair of the Migration Advisory Committee, takes on the Treasury role, advocating for better pay to reduce reliance on migrant workers amid falling net migration.
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Martin Lewis Praises Work-Life Balance Tips on Podcast
Consumer champion Martin Lewis discusses listener advice on balancing work and life, including compressed hours and philosophical approaches, while sharing his own 50-hour weekly schedule.
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