New Zealand's Rest Home Subsidy Rules: Your Savings at Risk in Relationships
RNZ's money advice column addresses whether a spouse's savings can be seized for rest home care costs in New Zealand, explaining asset thresholds and eligibility rules.
economy
Economy & Finance
Markets await clarity on Fed policy as Kevin Warsh heads to Jackson Hole amid pressure from Treasury Secretary Bessent's market interventions and uncertainty over inflation stance.
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Coverage (804 articles)
Pokemon collectors demand retailers crack down on bot scalpers 'killing the hobby'
Australian Pokemon card collectors are pressuring retailers Kmart and Target to combat automated bots that instantly deplete online stock, with a petition garnering over 4,000 signatures from frustrated fans unable to purchase products at reasonable prices.
Japan's Big Four Beer Makers Under Investigation for Alleged Price Cartel
Japan's Fair Trade Commission is investigating whether top executives of four major beer makers knew about illegal price-fixing negotiations on shipping costs. The companies control over 90% of Japan's beer market.
JSW Motors Launches First Indian SUV on December 4, Jetour T2-Based Model
JSW Motors will launch its first production SUV in India on December 4, a badge-engineered version of the Jetour T2 plug-in hybrid SUV through its partnership with Chery Automobiles.
BitMine Nears ETH Purchase Cap as Ethereum Faces Demand Vacuum
BitMine, Ethereum's largest corporate buyer, plans to stop purchasing ETH at 5% supply ownership, leaving the market questioning who will sustain demand as ETF investors withdraw funds.
Brain health research awards position Texas scientists for major state funding
Friends of BrainHealth awarded $466,000 across six projects in 2026, positioning researchers to compete for larger state grants through Texas's new Dementia Prevention and Research Institute.
Crumbl Closes 57 Locations as August Sales Plunge 70% Amid Inflation Pressures
Utah-based Crumbl is closing 57 locations and laying off headquarters staff after August sales dropped 70% year-over-year, attributed to consumer pullback amid inflation and failed product expansion.
Teen pigeon racer builds 700-bird empire, hopes to inspire more girls into sport
Madison McElhone, 16, has built a 700-bird pigeon racing operation in Ireland after initially helping her father at age 13. She discusses her bond with the birds, race day anxieties, and efforts to encourage more girls into the niche sport.
Nigeria's smartphone market pivots to mega-batteries as power reliability remains elusive
Nigerian smartphone manufacturers are prioritizing larger batteries up to 10,000mAh to address unreliable electricity and extended usage demands, with REDMI leading the market trend.
Bologna, addio città degli studenti: 600 euro per una stanza in cantina
A Bologna la crisi abitativa per gli studenti raggiunge livelli critici con affitti di 600 euro per stanze in cantina. La città universitaria storica perde la sua vocazione di spazio accessibile per i giovani.
Trump cria comitê para investigar diretora do Fed Lisa Cook e avaliar destituição
Donald Trump formou comitê para investigar a diretora do Federal Reserve Lisa Cook por supostas declarações falsas em documentos imobiliários, avaliando possível destituição. Cook nega irregularidades e apresentará defesa em audiência na Casa Branca.
Kalshi Hires Former FBI Agent to Combat Money Laundering Amid Trading Abuse Concerns
Prediction market platform Kalshi hired a former FBI agent to combat money laundering as the company faces scrutiny over market manipulation and insider trading concerns.
Dog-sized raptor may have scavenged larger tyrannosaur, Alberta researchers find
University of Alberta researchers discovered bite marks on a 70-million-year-old Albertosaurus jaw, suggesting a dog-sized raptor may have fed on the larger dinosaur after its death, offering rare evidence of carnivore-on-carnivore interaction.
Oldest Americans Now Richest as Stock Gains Widen Wealth Gap
Americans over 75 now hold the highest median net worth at $504,000, up 37% since 2022, while younger households saw wealth plunge 23%, revealing a widening generational wealth gap.
Fed data reveals 18M richest U.S. households amid rising debt stress
New Federal Reserve data shows 18 million U.S. households now rank among the richest, with household income and wealth increasing from 2022 to 2025, though debt stress also rose significantly.
OpenAI's Revenue Metrics Face Wall Street Scrutiny Amid Valuation Questions
OpenAI's September annualized revenue reported at nearly $50 billion, lower than previously indicated, is creating confusion among investors and traders evaluating the AI company's valuation ahead of potential IPO.
Budget 2027 : les députés rejettent la partie « recettes » en commission
La commission parlementaire a largement rejeté la partie recettes du budget 2027, cristallisant les tensions autour de la contribution des retraités et des collectivités. Le texte sera débattu à partir de mardi à l'Hémicycle.
Stock Market Closes Week at Record Highs as Dow Surges; Bank Earnings Loom
US stock indexes finished the week with gains, with the S&P 500 and Dow reaching record highs as oil prices eased and investors await major bank earnings reports.
NIH Makes Cancer Vaccines Its Next Major Initiative as Moderna Stock Surges
The NIH is prioritizing cancer vaccine development as a major initiative, spurring significant market interest and stock gains for vaccine developers like Moderna.
Telecom Giants Tumble as SpaceX's Starlink Mobile Enters Wireless Market
SpaceX's entry into mobile wireless via Starlink Mobile has triggered sharp stock declines for AT&T, Verizon, and T-Mobile, though analysts recommend buying the dip amid competitive disruption fears.
Treasury yields could hit 6% without market crisis, analysts warn
US 10-year Treasury yields risk hitting 6% for the first time since 2000, with analysts warning the increase could occur even without significant market disruption, reflecting structural economic pressures.
France's Education Crisis: Why Heavy Investment Hasn't Fixed Crumbling Schools
French schoolchildren are protesting deteriorating school infrastructure and teaching quality despite France spending 6.7% of GDP on education. The crisis stems from centralized funding misalignment and unequal resource distribution across regions.
Ibovespa supera 209 mil pontos com otimismo eleitoral; dólar cai abaixo de R$ 5
Ibovespa ultrapassa 209 mil pontos impulsionado por pesquisa eleitoral favorável a Flávio Bolsonaro, enquanto dólar cai abaixo de R$ 5. Mercado ignora aceleração da inflação em setembro.
Router aus China: Sicherheitsrisiko im Wohnzimmer oder Kostenfrage?
Deutsche Telekom bezieht Router aus China für Glasfaseranschlüsse. Experten warnen vor Cyberangriffsrisiken, während europäische Hersteller ein Importverbot fordern.