The Department of Energy (DOE) finalized regulations Tuesday for a popular appliance that will push the market toward adopting heat pump technology. The DOE’s final energy efficiency regulations for water…
The federal government collected approximately $34,400 in taxes per American household in calendar year 2023, according to data published by the Treasury Department and the Census Bureau. From January through…
In a revealing update on the state of American finances, the Federal Reserve Bank of New York’s recent data, analyzed by WalletHub, indicates that U.S. households now owe a staggering…
TOKYO (Reuters) – Japanese household spending in November fell 2.9% from a year earlier, down for nine months in a row, government data showed on Tuesday. That was worse than…
(Reuters) -U.S. household wealth fell to roughly $151 trillion in the third quarter, pulled down by a drop in the value of stocks which more than offset a half-trillion rise…
SEOUL (Reuters) – South Korea’s household borrowing grew in September for a sixth straight month, but by a smaller amount than the month before, central bank data showed on Thursday.…
SEOUL (Reuters) – South Korea’s central bank said on Thursday it needs to make coordinated efforts to contain household debt, which is at levels that could undermine economic growth and…
SYDNEY (Reuters) – Australia’s household spending rebounded in August, led by gains in the education, transport and recreation categories, data from the Commonwealth Bank of Australia showed on Wednesday, a…
SEOUL (Reuters) – South Korea’s financial authorities said they would control household debt by tightening certain loan regulations, as rising mortgage demand drove up household borrowing by the biggest amount…
HARRISBURG, PA – Attorney General Michelle Henry announced a settlement with Ohio-based Tempoe, LLC, resolving deceptive practices that misled consumers into signing costly lease agreements for household items. The company…
TOKYO (Reuters) – Japanese household spending suffered its biggest drop in nearly 2-1/2 years squeezed by rising prices, although volatility in some items meant the outlook might not be as…
By Elizabeth Pineau PARIS (Reuters) -The French government has no plans to make households pay more taxes, Prime Minister Elisabeth Borne said on Wednesday, but other tax rises are under…
SEOUL (Reuters) – South Korea’s policymakers vowed to take measures to control consumer debt as the country’s household credit grew at the fastest pace in 1-1/2 years in the second…
SEOUL (Reuters) – South Korea’s household borrowing grew in July for a fourth straight month and by the biggest amount in almost two years, central bank data showed on Wednesday,…
By Chen Aizhu, Emily Chow and Andrew Hayley SINGAPORE/BEIJING (Reuters) – Policy reform in China will boost profit for city-gas distributors by letting them raise prices for residential sales above…
Biden Admin Targets Yet Another Household Appliance With New Rule Proposal Nick Pope on July 22, 2023 The Biden administration introduced a new proposal for water heater efficiency standards Friday,…
BEIJING (Reuters) – China plans to take measures to promote household consumption, state media reported on Thursday, citing discussions at a cabinet meeting chaired by Premier Li Qiang, amid concerns…
By Dan Burns (Reuters) – U.S. household wealth climbed to the highest in a year in the first three months of 2023, led by the stock market’s recovery from last…
SEOUL (Reuters) – South Korea’s household credit shrank at a record pace in the first quarter as high interest rates suppressed demand, central bank data showed on Tuesday. The country’s…
By Devjyot Ghoshal, Juarawee Kittisilpa and Orathai Sriring BANGKOK (Reuters) – Kavita Wongyakasem runs a small business in Bangkok, owns a two-storey house on the outskirts of the Thai capital,…
BEIJING (Reuters) – China’s finance ministry on Monday issued preferential tax policy for some small firms and household businesses, as part of steps to support the economic recovery. China will…
New Biden Admin Rules Could Cost Consumers Billions On Household Appliances John Hugh DeMastri on March 6, 2023 A pair of proposed rules from the Biden administration’s Department of Energy…
Major Airliner Launches $100 Million Fund For ‘Sustainable’ Jet Fuel Made With Used Cooking Oil, Household Trash John Hugh DeMastri on February 21, 2023 United Airlines announced a $100 million…
SEOUL (Reuters) – South Korea’s household credit shrank in the fourth quarter of 2022, its first quarterly decline in nearly a decade, central bank data showed on Tuesday. The country’s…