Tag #Savings

Showing 49 to 60 of 91 results

cincodias.elpais.com
🌐 85% Global Worthiness
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Spain Leads EU Initiative to Channel €11 Trillion in Savings to Long-Term Investments

The Spanish government, supported by the EU, is creating a European long-term investment label with tax incentives to redirect €11 trillion in European savings towards companies vital for energy transition, digitalization, and defense, using models like Sweden's successful savings account.

Progress

40% Bias Score

Decent Work and Economic Growth
cbsnews.com
🌐 75% Global Worthiness
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CDs: High Returns Versus Early Withdrawal Penalties

Certificate of deposits (CDs) offer interest rates exceeding 4% APY but have early withdrawal penalties; experts advise using them for specific savings goals with emergency funds already secured, understanding potential penalties usually only affecting interest earned.

Progress

48% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
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Trade War: Canadians Urged to Secure Finances

Canadians are advised to file 2024 taxes immediately to receive average refunds of $3,556, prepare for inflation by cutting expenses, review diversified investments, and secure high-interest savings accounts offering 2-3.5% interest to offset trade war impacts.

Progress

36% Bias Score

Reduced Inequality
repubblica.it
🌐 65% Global Worthiness
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Italian Bank Deposits Rise, Reversing Inflationary Trend

Italian bank deposits rose by €19.8 billion in 2024 to €1.363 trillion, reversing a two-year decline caused by inflation; business deposits led the increase, while household savings show cautiousness, and mortgage lending also rebounded.

Progress

36% Bias Score

Reduced Inequality
themarker.com
🌐 75% Global Worthiness
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Israeli Households' Irrational Savings Habits Result in Significant Financial Losses

Due to rising prices, many Israeli families are holding approximately 2 trillion shekels in low-yield bank accounts, demonstrating irrational financial behavior despite investing a significant portion in higher-yielding assets; this is due to the perceived risks of the stock market.

Progress

48% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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UK Government Considers Slashing Cash ISA Allowance

The UK government is considering slashing the annual cash ISA allowance from £20,000 to £4,000, sparking opposition from savings providers concerned about reduced mortgage availability and the impact on the £300 billion held in these accounts.

Progress

52% Bias Score

Reduced Inequality
cbsnews.com
🌐 75% Global Worthiness
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Inflation Falls to 2.8%, Fed Holds Rates Steady

February's inflation rate fell to 2.8%, the first decrease in five months, prompting the Federal Reserve to maintain its current interest rate policy while savers explore long-term CDs to protect against future economic uncertainty.

Progress

48% Bias Score

Reduced Inequality
cbsnews.com
🌐 75% Global Worthiness
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US Inflation Falls to 2.8%, Affecting Interest Rates and Savings Strategies

US inflation dropped to 2.8% in February, the first decline since September, prompting speculation about future Federal Reserve rate cuts while highlighting the appeal of long-term Certificates of Deposit (CDs) as a savings strategy.

Progress

48% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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£45 Billion Surge in UK ISA Savings as Tax Thresholds Trigger Shift

UK savers deposited £45 billion into cash ISAs in 2024, raising the total to £359 billion due to rising interest rates pushing many above the tax threshold for savings interest; HMRC estimates £10.4 billion in savings interest tax for 2024/25, a 665% increase from 2021/22.

Progress

44% Bias Score

Reduced Inequality
cbsnews.com
🌐 75% Global Worthiness
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Stable CD Rates Expected This Spring, Potential for Decrease Later in 2025

Experts predict minimal change in CD rates this spring due to the Federal Reserve's expected decision to maintain interest rates in March 2025, despite recent inflation increases; however, rates may fall later in the year if the Fed cuts rates again.

Progress

36% Bias Score

Reduced Inequality
t24.com.tr
🌐 85% Global Worthiness
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Turkey's Debt Crisis Deepens: 57% in Debt, Card Spending Soars

ING Türkiye's survey shows 57% of Turkish citizens are in debt, predominantly using credit cards (43%), while card spending soared 66% to 1.6 trillion TL in January 2025, reflecting economic struggles and impacting the country's financial stability.

Progress

48% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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Reeves Considers ISA Changes to Boost UK Investment

Chancellor Rachel Reeves is considering changes to ISA rules to encourage greater investment in stocks and shares, potentially altering cash ISA contribution limits to boost economic growth, despite concerns from building societies about the impact on lending and mortgage rates.

Progress

48% Bias Score

Reduced Inequality

Showing 49 to 60 of 91 results