Bloomberg Italy’s Finance Ministry said that it plans to spend about 2.8 billion euros ($3.2 billion) from the 2022 budget to help shield consumers from surging energy prices. The support will target the first quarter of the year, and will include 800 million euros of savings from a tax overhaul and unspent cash from previous months, according to people familiar ...

Future US pensioners should feel pretty happy about their golden goose. A strong stock market, coupled with a dovish Federal Reserve, has buffed up their retirement accounts. For the first time since the 2008 financial crisis, corporate pension plans are edging close to being fully funded. Over the past year, their collective retirement pot has grown an average 15.6%, data ...

Texans think very highly of Texas. This has always been the case, at least in my experience, but during a recent trip to Austin I noticed a deeper development: Texans are beginning to come to terms with their state’s history — and they are less concerned about past misdeeds than about future achievements. The relevant “monument” in Austin at the ...