Economy of the United States

Households experience rise in income over past year

Ljubljana – More than a quarter of Slovenian households have seen their incomes rise over the past year, while the share of households that have had problems paying their housing costs has also increased, shows a report by the Statistics Office. Meanwhile, 18% of households struggled to make ends meet with their income.

Turkish contractors awarded $6 bln worth of projects abroad this year

Turkish contractors were awarded a total of 156 projects worth $5.94 billion in foreign countries from January to July this year, data from the Trade Ministry have shown.

The average size of the projects awarded to Turkish companies abroad in the first seven months of the year was $38 million, according to the ministry.

Reading Viktor Orban’s Mind: ‘Damn It, I Could’ve Been President!’

Yet it was quite shocking in retrospect how little he spoke about Donald Trump, perhaps thinking that they were equals. The former president cannot have been amused; no one is meant to upstage him. Orban was his warm-up act, the one that few are supposed to even remember after the main act has carried off his two-hour show.

BofA fined $225 mn for ‘botching’ COVID aid payments

Two U.S. agencies fined Bank of America a total of $225 million on charges it wrongfully froze unemployment and other public benefit programs at the height of the COVID-19 pandemic.    

The Consumer Financial Protection Bureau imposed a $100 million penalty on Bank of America (BofA) for "botching" the disbursement of state unemployment programs during COVID-19, the agency said.    

Ivana Trump, first wife of former president, dies at 73

Ivana Trump, a skier-turned-businesswoman who formed half of a publicity power couple in the 1980s as the first wife of former President Donald Trump and mother of his oldest children, has died in New York City, her family announced Thursday. She was 73.

The former president posted on his social media app that she died at her Manhattan home.

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