Tag #Economy

cbsnews.com
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CD Rates Remain High in Early 2025, But Choices Abound

In early 2025, savers face a choice between relatively high-yield CDs and high-yield savings accounts, weighing the trade-off between fixed versus variable interest rates and the penalty for early CD withdrawals against their need for liquidity and risk tolerance.

Progress

52% Bias Score

Reduced Inequality
napoli.repubblica.it
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Volotea Expands in Campania: 18% Naples Flight Increase, New Salerno Route

Volotea airline increases Naples flights by 18% in 2025 to 621,000 seats and launches a new Salerno-Marseille route on July 6th, boosting Campania's air connectivity and tourism.

Progress

48% Bias Score

Decent Work and Economic Growth
nytimes.com
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New Jersey Blended Family Finds Essex County Home After Facing Market Challenges

Heather Anderson and Chris Kinney, a blended family of six from New Jersey, recently bought a three-bedroom house in Essex County for $800,000 after facing challenges due to market competition and initial budget constraints.

Progress

32% Bias Score

Reduced Inequality
t24.com.tr
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Turkey's Housing Sector Awaits Low-Interest Loan Campaign

Turkey's housing sector expects a government-backed low-interest loan campaign in the first half of 2024 to boost homeownership among low-income citizens, aiming for 100,000 social houses by 2025, as announced in the presidential annual program.

Progress

48% Bias Score

Reduced Inequality
forbes.com
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Italy's Enduring Allure: Tourism, Affordable Living, and Investment Opportunities

Italy, a top global travel destination attracting 40 million annual visitors in 2024, offers diverse experiences from the Dolomites to Rome's Vatican Jubilee, alongside affordable housing and investment schemes, attracting wealthy individuals seeking relocation.

Progress

52% Bias Score

Sustainable Cities and Communities
abcnews.go.com
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Long Island's Last Duck Farm Euthanizes 100,000 Birds Amid Bird Flu Outbreak

Over 100,000 ducks at Crescent Duck Farm, the last commercial duck farm on Long Island, are being euthanized following a confirmed bird flu outbreak on January 17, 2025, prompting health officials to interview potentially exposed workers and provide preventative medications, while emphasizing minima...

Progress

36% Bias Score

Zero Hunger
faz.net
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Uneven Fiber Internet Expansion in Grünberg Due to Low Population Density

Grünberg, Germany, faces challenges expanding fiber internet to its small, dispersed villages due to low population density, impacting economic viability for providers; Deutsche Telekom expanded in the main town (6000 residents), but Goetel, facing contractor and personnel issues, struggles in the o...

Progress

52% Bias Score

Industry, Innovation, and Infrastructure
lefigaro.fr
🌐 65% Global Worthiness
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Maisons du Monde Announces 91 Job Cuts Amidst Declining Sales

French furniture retailer Maisons du Monde announced 91 job cuts at its Paris and Nantes headquarters, primarily targeting voluntary departures, to address declining sales and implement its "Inspire everyday" cost-reduction plan, aiming to regain growth by 2025-2026.

Progress

36% Bias Score

Decent Work and Economic Growth
lemonde.fr
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French Banks Expand SRI Options in Retirement Savings Plans

French banks are offering more Socially Responsible Investment (SRI) options within retirement savings plans (PER), such as BoursoBank's and Placement-direct's offerings, which have shown strong performance, although legal requirements for individual PERs lag behind those for life insurance.

Progress

48% Bias Score

Reduced Inequality
cbsnews.com
🌐 65% Global Worthiness
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January Fed Meeting: Minimal Impact Expected on CD Interest Rates

The January 2025 Federal Reserve meeting is unlikely to significantly change CD rates, which currently offer competitive returns around 4.50%, providing a safer alternative to high-yield savings accounts in the face of economic uncertainty.

Progress

52% Bias Score

Reduced Inequality
kathimerini.gr
🌐 65% Global Worthiness
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Renovations of Post-War Buildings in Athens Signal Urban Renewal

Post-war buildings in Athens, constructed between 1948-1957, are undergoing renovations, with examples including the conversion of a building on Stadiou 54 and the former Hotel Atene Palace into a hotel and office space respectively, reflecting economic recovery and changing urban needs.

Progress

24% Bias Score

Sustainable Cities and Communities
cbsnews.com
🌐 45% Global Worthiness
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Home Equity Loans vs. HELOCs in 2025: Assessing Financial Risks

Homeowners can access home equity through loans (fixed rates) or HELOCs (variable rates), both currently cheaper than other loan types; the best choice depends on predicted interest rate movements in 2025, with foreclosure a risk if repayments fail.

Progress

48% Bias Score

Reduced Inequality