Category: Basic Income

Understanding Treasury Bonds: Are They Right for Your Portfolio?

Understanding Treasury Bonds: Are They Right for Your Portfolio?

United States IRS Check and Envelope Resting on Money. Treasury bonds are the cornerstone of many investment portfolios, offering investors a safe and reliable way to invest in the U.S. government. These long-term debt securities are backed by the full faith and credit of the U.S. government, making them one of the most secure investment options available. Treasury bonds offer fixed interest payments, known as coupons, which are paid semi-annually to bondholders. These regular income streams make them attractive to investors seeking predictable returns. Additionally, treasury bonds have a maturity timeline ranging from 10 to 30 years, providing long-term […]

Is it time for India to introduce a Universal Basic Income? Premium

> Opinion

The idea of a universal basic income has gained traction since the International Labour Organization’s most recent World Employment and Social Outlook links the decrease in jobs growth and the increase in inequality to a surge in automation and the use of artificial intelligence. The idea of a universal basic income has gained traction since the International Labour Organization’s most recent World Employment and Social Outlook links the decrease in jobs growth and the increase in inequality to a surge in automation and the use of artificial intelligence. | Photo Credit: Getty Images/iStockphoto

Due to the phenomenon of […]

Basic income pilot project for single mothers shows promising results on economic stability

Basic income pilot project for single mothers shows promising results on economic stability

Results of the year-long basic income study were released at an event in Portland Tuesday, Sept. 10. Allison Edwards, third from right, a program participant, said the payments gave her the financial stability to spend more time with her young daughter. A year-long cash assistance program for low-income single mothers in Maine shows promising results, according to findings from the pilot program released yesterday.

The Quality Housing Coalition launched the basic income initiative last year, providing $1,000 monthly cash payments to 20 single mothers who had previously experienced homelessness. The participants were free to use the money as they saw […]

Unconditional Cash: Does Universal Basic Income Increase Entrepreneurship?

Unconditional Cash: Does Universal Basic Income Increase Entrepreneurship?

Oura – Your Success is in Your Hands A hand holds out several one hundred dollar bills. In July, OpenResearch released the results of its Unconditional Cash Study . This study is the largest unconditional cash study to date, and the results have shown that increased access to cash does improve financial well-being and savings. The results of this study have provoked dialogue concerning the role of unconditional cash and universal basic income (UBI), particularly as technology continues to improve.

The Stanford Basic Income Lab defines UBI as “a regular cash payment to all members of a community, without a […]

Federal funds to assist Coloradans in online filing of state, federal tax returns

Federal funds to assist Coloradans in online filing of state, federal tax returns

© iStock – supawat bursuck

(The Center Square) – Federal tax money is returning to Colorado via free online tax filing for state and federal returns, which could help low-income taxpayers obtain more credits.

Taxpayer money from the $500 billion Inflation Reduction Act will pay for Coloradans to electronically file their state and federal returns for tax year 2025 in 2026 through a program called Direct File.The Colorado Department of Revenue currently offers a free electronic service to file state tax returns. However, Governor Jared Polis and the Department of Revenue contend Direct file will save Coloradans millions in filing fees, […]

Cash rain for citizens in these two states in September: You only have to meet this criteria

Cash rain for citizens in these two states in September: You only have to meet this criteria

Cash rain for citizens in these two states in September: You only have to meet this criteria 1 Due to new payment dates and basic income programs, Alaskans and Boulder residents in Colorado State will receive a financial boost in October 2024. As many Americans struggle with inflation and the rising cost of living, these two states have developed mechanisms ensuring that residents are paid cash. Where one meets these requirements , such payments help reduce the financial burden. Here is everything you need to know about the cash benefits, qualifications, and how to get them. Meeting these Alaska […]

NS&I issues warning to people who have Growth or Income Bonds

NS&I has reduced interest rates on some fixed-term products. Interest rate reductions have been confirmed for some of NS&I’s fixed-term products, effective from today, 11 September 2024, according to the financial provider.

Changes will ensure NS&I’s interest rates are positioned appropriately in the wider market and help NS&I to balance the interests of its savers, taxpayers and broader financial service sector. New Issues of NS&I’s 2-year, 3-year and 5-year British Savings Bonds have gone on sale today, 11 September 2024, with new interest rates reflecting the changing savings market.

British Savings Bonds are fixed-term Issues of NS&I’s Guaranteed Growth Bonds […]

Basic income pilot project for single mothers shows promising results on economic stability

Basic income pilot project for single mothers shows promising results on economic stability

Results of the year-long basic income study were released at an event in Portland Tuesday, Sept. 10. Allison Edwards, third from right, a program participant, said the payments gave her the financial stability to spend more time with her young daughter. A year-long cash assistance program for low-income single mothers in Maine shows promising results, according to findings from the pilot program released yesterday.

The Quality Housing Coalition launched the basic income initiative last year, providing $1,000 monthly cash payments to 20 single mothers who had previously experienced homelessness. The participants were free to use the money as they saw […]

NS&I slashes interest rates on popular savings accounts to reflect ‘changing market’

NS&I slashes interest rates on popular savings accounts to reflect 'changing market'

Interest rates on certain NS&I savings accounts have been reduced by as much as 0.35 percent.

14:08, Wed, Sep 11, 2024 | UPDATED: 14:20, Wed, Sep 11, 2024

1 Bookmark NS&I slashes interest rates on popular savings accounts to reflect ‘changing market’ (Image: Getty)Savings giant NS&I has rolled out updated versions of its British Savings Bonds, now featuring lower interest rates . The Treasury-supported establishment has announced that the freshly introduced issues of its two-, three-, and five-year British Savings Bonds are a reflection of "the changing savings market".After the Bank of England base rate saw a decrease of […]

With Measure 118, a new business tax proposal is scrambling old battle lines

With Measure 118, a new business tax proposal is scrambling old battle lines

Virtually every major player in Oregon politics has come out against the proposal. That’s a big change — and no guarantee it can’t succeed.

September 11, 2024

With Measure 118, a new business tax proposal is scrambling old battle lines By Dirk VanderHartSee original post here. Eight years ago, a proposal to raise Oregon taxes on large businesses had corporations and public sector unions at each other’s throats.The tax hike proposed in 2016′s Measure 97 led to the most expensive ballot measure fight in state history, with the two sides spending more than $42 million combined. In the […]