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Americans spend more time and money filing their taxes than residents of other countries — but there are some benefits to a complex tax code

Apr 14, 2023 14:18 pm UTC| Life Investing

Tax Day falls on April 18 in 2023. But if youre one of the 20%-25% of Americans who wait until the last minute to file, dont panic you still have time. The IRS estimates that the average taxpayer spends 13 hours to...

Fairtrade: study finds premium label does not always benefit workers on South African wine farms

Apr 14, 2023 14:12 pm UTC| Life

Wine was first produced in South Africa as far back as the mid-1600s by Dutch colonisers who sold it to passing ships. The industry developed further during the colonial and apartheid eras and wine became an important part...

Why is Tax Day on April 18 this year? And how did early spring become tax season, anyhow?

Apr 14, 2023 14:08 pm UTC| Life Investing

Mid-April has arrived. And along with the spring sunshine, that means the often dreaded civic duty of finishing off ones taxes. Its an arduous time for many, characterized by navigating increasingly confusing rules to...

The problem with cashless payments

Apr 14, 2023 14:08 pm UTC| Technology Insights & Views Life

Citizens living in the euro area make an average of 13 payments per week of all types. They circulate through a range of channels and by way of different media, including cash, payment cards, and online. Our means of...

Why arts degrees and other generalist programs are the future of Australian higher education

Apr 14, 2023 14:03 pm UTC| Life

This article is the first in our series on big ideas for the Universities Accord. The federal government is calling ideas to reshape and reimagine higher education, and set it up for the next decade and beyond. A review...

Introducing our new series on the future of Australian higher education

Apr 14, 2023 14:02 pm UTC| Life

The Australian Universities Accord is a grandly named 12-month review seeking ideas to reform Australias higher education system for the next 30 years. Led by a prominent former vice-chancellor, Professor Mary OKane, it is...

The grieving mother of a murdered teen pleads for a stronger social safety net

Apr 13, 2023 15:14 pm UTC| Life

Just days after 16-year-old Gabriel Magalhaes was fatally attacked at a Toronto subway station, his mother had an urgent message to public officials on how to address the spate of violent crime on the Toronto Transit...

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Economy

UK Wage Growth Holds at 3.5% as Unemployment Rises

UK wage growth excluding bonuses remained at 3.5% in the second quarter of 2026, while unemployment increased, pointing to further signs of weakness in the countrys labor market, according to the latest data covering June...

European Stocks Slide as Iran War Escalation Sends Oil Higher

European stocks extended their decline on Tuesday, with major benchmarks falling to two-week lows as a sharp escalation in the Iran war rattled global financial markets. The pan-European STOXX Europe 600 fell 0.2%, marking...

Australian Consumer Sentiment Jumps 6% in August as Rate Outlook Improves

Australian consumer sentiment strengthened sharply in August, driven by improving household finances and greater confidence about the outlook for interest rates, according to the latest Westpac-Melbourne Institute survey....

Colombia Earthquake Losses Estimated at $9.58 Billion as Reconstruction Challenge Mounts

Economic losses from the powerful earthquake that struck Colombia last week could reach 30 trillion pesos ($9.58 billion), President Abelardo De La Espriella said Monday, highlighting the enormous financial toll of the...

US Eyes Refinery Boost as Trump Seeks Relief From High Gas Prices

U.S. Energy Secretary Chris Wright said Washington is preparing measures to help refiners increase fuel production as the Trump administration looks for ways to bring down gasoline prices following the U.S.-Israeli war on...

Politics

Philippines Confident in U.S. Defense Commitment Despite Middle East Redeployment

The Philippines does not expect a slowdown in military cooperation with the United States despite the redeployment of some American defense assets from the Indo-Pacific to the Middle East, a Philippine military official...

Gaza Zoo Struggles to Save Animals Amid War

Children visiting a zoo near Gazas Nuseirat refugee camp are greeted by a heartbreaking sight: lions, chimpanzees and other animals weakened by hunger, stress and years of conflict. Despite severe shortages of food,...

Trump Says Kim Jong Un Responded to Outreach After US Scales Back South Korea Military Drills

U.S. President Donald Trump said Monday that North Korean leader Kim Jong Un has responded to his recent outreach, signaling renewed communication between the two leaders as Washington moves to reduce joint military...

Trump Says Iran Should Surrender as Nuclear Deal Talks Stall

U.S. President Donald Trump said Monday that Iran is unlikely to accept the agreement he considers necessary to end the war with the United States, insisting Tehran must surrender and abandon any path toward developing a...

Gérald Darmanin Backs Édouard Philippe for 2027 French Presidential Election

French Justice Minister Gérald Darmanin has thrown his support behind former Prime Minister Édouard Philippe for Frances 2027 presidential election, ruling out a potential bid of his own as the countrys...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

BofA Sees Micron EPS Topping $230 by 2030, Backs Major Stock Upside

Bank of America expects Micron Technology (NASDAQ: MU) to deliver more than $230 in earnings per share by fiscal 2030, significantly above Wall Streets current peak estimates, as artificial intelligence demand reshapes the...

Anthropic Revenue Run Rate Hits $65 Billion as IPO Plans Accelerate

Anthropics annual revenue run rate surpassed $65 billion by the end of July, highlighting the artificial intelligence startups rapid expansion as it prepares for a potential initial public offering later this year. The...

Google to Buy Spirit Airlines Business Data for $10 Million to Train AI

Google, a subsidiary of Alphabet, has agreed to acquire internal business data from bankrupt Spirit Airlines for $10 million, with plans to use the information for product development and artificial intelligence training....

Alphabet Eyes First Australian Dollar Bond as AI Spending Drives Funding Push

Alphabet, the parent company of Google, is preparing for its first-ever Australian dollar bond issuance as the U.S. technology giant explores new funding sources amid rapidly rising artificial intelligence investment. The...

Alibaba Sells Lingxi Games for Over $1.5 Billion Amid AI Push

Alibaba Group is reportedly selling its gaming subsidiary Lingxi Games in a transaction that could value the Chinese video game studio at more than $1.5 billion, as the technology giant redirects resources toward...
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