elder

Americans Facing Financial Peril as Retirement Homes Collapse

21 days ago

In a concerning trend that leaves many older Americans vulnerable, the growing number of financial failures among retirement homes is putting residents' life savings at risk. With an estimated one-third of assisted living facilities operating at a loss, the potential for insolvency looms large, causing distress not only for the elderly but also for their families.

ECB's Elderson Emphasizes the Need for a Thoughtful Approach to Supply Shocks

1 month ago

In a significant statement regarding the European Central Bank's (ECB) monetary policy, ECB Executive Board member Frank Elderson has underscored that the bank cannot afford to merely disregard supply shocks. Elderson’s remarks come at a critical time as the region grapples with ongoing challenges affecting the economy, including inflationary pressures and geopolitical tensions.

ECB Set to Evaluate Impact of Weak Economy on Inflation Dynamics

2 months ago

The European Central Bank (ECB) is gearing up for an important assessment concerning how the current economic slowdown affects pricing trends within the Eurozone. This initiative comes in the wake of ongoing discussions about inflation management in the context of a faltering economy, which has raised substantial concerns among policymakers.