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The stock market, real estate and cryptocurrencies did poorly in 2022, but the global luxury goods market grew 20 percent. People may have had less, but they spent more on fine arts and collectibles that serve no function except to provide pleasure. Fr…
Rise in phone use by young raises public health question but experts caution against ‘screen time’ fearsOne in five three- and four-year-olds in the UK have their own mobile phone, according to Ofcom research, and the rapid rise of phone use by very yo…
An anonymous reader quotes a report from the Guardian: South Korea is to offer reclusive youths a monthly living allowance of 650,000 won ($490) in order to encourage them out of their homes, as part of a new measure passed by the Ministry of Gender Eq…
Amazon has started charging a fee for some returns made at UPS stores. Insider reports: While customers used to be able to drop off their returns at a UPS Store free of charge, Amazon will now charge a $1 fee if customers have another free-return optio…
Rics monthly poll shows new buyer inquiries in UK are flat as volume of agreed sales falls furtherUK house prices are expected to continue to fall despite surveyors’ expectations that the housing market will stabilise over the next 12 months, a study h…
World’s largest commercial printer of money issues profit warning after downturn causes ‘significant degree of uncertainty’Demand for paper money has fallen to its lowest level in more than 20 years as consumers switch to card and contactless payments,…
The walkout by junior doctors, who form the backbone of hospital and clinic care in the National Health Service, is due to last until 7 a.m. on Saturday.
US bank lending contracted by the most on record in the last two weeks of March, indicating a tightening of credit conditions in the wake of several high-profile bank collapses that risks damaging the economy. From a report: Commercial bank lending dro…
Telecoms company apologises after complaints and says problem was the result of an ‘isolated incident’Vodafone has said it has fixed a problem that left thousands of its customers unable to connect to the internet.The mobile operator, which has more th…
Prospective tenants are being asked to provide personal details in order to secure a contract, raising fears of discriminationRenters are being subjected to extreme vetting procedures by letting agents and landlords who are demanding personal statement…