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Australia’s median wealth falls almost 7% since 2020 despite the rich getting richer, report says
Swiss bank UBS finds ‘growing divide between the wealthiest and the broader population’ as country adds more than 25,000 more millionairesGet our breaking news email, free app or daily news podcastMiddle Australia’s wealth is going backwards while the richest claim an ever-greater share of the pile, according to new research that shows more than 25,000 people across the country became millionaires last year.The latest global wealth report from the Swiss bank UBS said 2025 marked “an extraordinar...
Sports club take Lloyds to ombudsman for being 'debanked' after 74 years as loyal customer
Sports club take Lloyds to ombudsman for being 'debanked' after 74 years as loyal customerSee more Daily Mail on Google - save us as a Preferred SourceBy ANDREW LEVY, REPORTER Published: 15:46, 2 July 2026 | Updated: 15:48, 2 July 2026 e-mail View comments
No doctor's note, no sick leave? Germany plans major workplace shake-up
Under Chancellor Friedrich Merz, the government has rolled out a transformative economic reform initiative intended to enhance Germany's financial landscape. The plan encompasses significant tax cuts for families, adjustments in the pension system that raise the retirement age, and new sick leave policies that require doctor’s notes from day one.
WHO declares hantavirus outbreak linked to cruise ship over
The outbreak infected 13 people and killed threeSign up for the Breaking News US newsletter emailThe World Health Organization on Thursday declared the hantavirus outbreak linked to a cruise ship over after the last identified contact of an exposed person completed quarantine and tested negative for the virus.The outbreak, which infected 13 people and killed three, involved the Andes virus, a rare hantavirus strain that typically circulates in Argentina and Chile. The cruise ship...
World Cup boom falters as US hospitality jobs fall in June
World Cup boom falters as US hospitality jobs fall in JuneImage source, Getty ImagesImage caption, There had been early signs of a World Cup jobs boom, but hospitality jobs declined in JuneByArchie MitchellBusiness reporterPublished8 minutes agoA World Cup jobs boom has failed to materialise, with employment in restaurants, bars and hotels across the US falling in June.Analysts had expected the tournament, being hosted jointly by the US, Canada and Mexico, to lead to an increase in leisure and h...
Market wrap: Top gainers and losers on NSE Nifty50 and BSE Sensex today
Indian stock markets surged on Thursday, with Sensex and Nifty climbing nearly 1%. A significant rally in IT stocks, coupled with easing crude oil prices and positive India-Japan strategic agreements, boosted investor confidence. Despite some blue-chip weakness, the market extended its upward trend, driven by technology shares and optimism surrounding new economic and defence pacts.
Car finance compensation payments delayed until next year
Car finance compensation payments delayed until next yearImage source, Getty ImagesByKevin PeacheyCost of living correspondentPublished13 November 2024Updated 1 minute agoMillions of drivers who were mis-sold car finance agreements must wait until at least 2027 to receive compensation, regulators have announced.Average payments of about £829 are expected under the rules published by the Financial Conduct Authority (FCA).However, legal challenges to the scheme mean compensation calculations and p...
Cost, convenience, and validity: Why 11-month agreements are a norm in India
Rental agreements in India commonly last 11 months to bypass mandatory registration for longer terms, as per the Registration Act, 1908. This avoids additional stamp duty and registration fees, making the process more cost-effective and convenient for both landlords and tenants. Even unregistered, these agreements are legally valid if on stamp paper, offering a crucial record of tenancy terms.
Bitcoin firm advertised by Nigel Farage loses 15% of asset value
Exclusive: Finance experts warn against investing in bitcoin treasury companies after Stack BTC assets plungeA bitcoin company that Nigel Farage has advertised lost more than 15% of its asset value, prompting finance experts to warn investors against those types of firms.The Reform UK leader has invested £215,000 in a bitcoin treasury company named Stack BTC. A bitcoin treasury buys the cryptocurrency on behalf of its shareholders, and Stack aims to purchase other companies with the increase in...
Air India cuts fuel surcharge on its North America, UK, EU & Australia by upto 39%
Air India has significantly reduced its fuel surcharge on long-haul flights to North America, the UK, Europe, and Australia, with reductions of up to $80 on some routes. This adjustment follows a dip in crude oil prices. Meanwhile, its low-cost arm, Air India Express, has fully restored connectivity across its West Asia network, resuming services to Oman and Kuwait.
FPIs continue to exit India: June equity outflows hit Rs 49,340 cr
Foreign investors continued their exit from Indian equities in June, withdrawing Rs 49,340 crore amid global risk aversion and domestic valuation concerns. Despite a brief February recovery, outflows have reached Rs 2.7 lakh crore this year, surpassing 2025's total. While equities saw selling, foreign investors remained active in the debt market, with policymakers introducing measures to boost overseas investment.
Faulty vacuum cleaner never returned after repair; consumer wins Rs 3,500
A Gwalior consumer commission has held Eureka Forbes guilty of poor service after a customer's vacuum cleaner, bought in May 2024, malfunctioned within warranty. Despite multiple repair attempts and the appliance being taken for further fixing in October, it was never returned. The company must now either repair, replace, or refund the Rs 3,699 cost, plus pay Rs 3,500 for mental agony and legal expenses.
Why millions of Aussie drivers are now being hit with higher road fines
Why millions of Aussie drivers are now being hit with higher road fines Fines for driving and road offences rise in most statesREAD MORE: Inside details from Canberra's Midwinter BallSee more Daily Mail on Google - save us as a Preferred SourceBy KYLIE STEVENS, SENIOR BREAKING NEWS REPORTER, AUSTRALIA Published: 11:43, 2 July 2026 | Updated: 11:43, 2 July 2026 e-mail View comments
America's housing market could run out of something more important than homes
For years, America didn't have enough homes to meet rising demand. Soon, it may not have enough homebuyers.A new report from the Mortgage Bankers Association argues the housing market is nearing a major demographic shift. After more than a decade of demand outpacing supply, slower population growth and an aging population are expected to reduce the need for new housing, potentially reshaping forecasts for homebuilding, home prices and affordability.That would mark a sharp reversal from the past...
Why the expected fight over the North American trade deal never kicked off
Why the expected fight over the North American trade deal never kicked offImage source, AFP via Getty ImagesByMichelle FleuryNew York business correspondentPublished1 minute agoFor months, policymakers, businesses and trade watchers in Washington had been bracing for a turbulent spring and summer around the future of the USMCA, the trade pact binding the United States, Canada and Mexico. But, to quote former UK Prime Minister Harold Macmillan, "Events, dear boy, events." The war with Iran has do...
Rooftop solar failed to cut bills; consumer wins Rs 25,265 compensation
A solar installation firm has been ordered by a consumer commission to refund over Rs 25,000 to a homeowner. The company was found to have overcharged for net-metering and failed to deliver promised electricity generation from a rooftop solar system. The commission ruled the company vicariously liable for its agent's actions and awarded compensation for the shortfall in power and mental agony.
Mexico-England resale tickets cost over £2.6k
Mexico-England resale tickets cost over £2.6kImage source, Getty ImagesImage caption, England have played two previous World Cup matches at the Estadio Azteca, beating Paraguay 3-0 in 1986 only to then lose 2-1 to Argentina in the quarter-finalsByDale JohnsonFootball issues correspondentPublished1 minute agoCommentsEngland fans hoping to attend the World Cup last-16 showdown with Mexico face paying a minimum of £2,600 for one ticket on Fifa's resale site. The Three Lions booked a date with the c...
Taylor Swift and Travis Kelce's wedding could unleash unprecedented global spending frenzy: expert
As Taylor Swift and Travis Kelce's reported wedding approaches, experts say the ceremony is poised to become much more than a celebrity milestone.According to branding and business experts, the economic impact won't begin when the couple says "I do." It began the moment the wedding entered the cultural conversation.Even if the rumored July 3 ceremony remains entirely private, experts told Fox News Digital that Swift's influence is powerful enough to drive consumer spending without fans ever sett...
Bankers and unions set for clash over possible Burnham tax raid on UK banks
City bosses say move would be economically disastrous, but union leaders urge likely new PM to ignore ‘vested interests’Battle lines are being drawn between City bosses and trade unions over a possible tax raid on UK banks to help fund Andy Burnham’s package for struggling households this winter.While bankers have warned the move would be “economic suicide”, union leaders have said Britain cannot afford to be “held hostage” by City lobbyists, given growing pressures to find money for defence and...
U.S. job market slows in June
Economy U.S. job market slows in June July 2, 20264:49 AM ET Heard on Morning Edition By Scott Horsley , Michel Martin Labor Department to release latest jobs report Thursday Listen · 3:41 3:41 Toggle more options Download Embed Embed
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