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Washington - While it is widely believed that money can not buy love, a new study has suggested that it can buy you happiness but only up to a ‘sweet spot’ of 36,000 dollars GDP per person. A new analysis led by economists Eugenio Proto in the Centre for Competitive Advantage in the Global Economy at the University of Warwick and Aldo Rustichini, from University of MInnesota found that as expected, for the poorest countries life satisfaction rises as a country’s wealth increases as people are able to meet their basic needs. However, the new surprise finding is that once income reaches a certain level – around 36,000 dollars, adjusted for Purchasing Power Parity (PPP) - life satisfaction levels peaks, after which it appears to dip slightly in the very rich countries. The researchers found suggestive evidence that this happiness dip in the wealthiest countries is because more money creates higher aspirations, leading to disappointment and a drop in life satisfaction if those aspirations are not met. The study was published in journal PLOS ONE.
Analysis: Jensen Huangs exit tests Nvidi...

Analysis: Jensen Huangs exit tests Nvidias role as the central bank of AI

Analysis: Jensen Huangs exit tests Nvidias role as the central bank of AI **Nvidia’s Interconnected Ecosystem Faces Scrutiny Amidst Leadership Transition** The potential departure of a key figure from Nvidia, the dominant force in artificial intelligence (AI) hardware, is casting a spotlight... read more »

Missing teenager found in bushland durin...

Missing teenager found in bushland during aerial search in Australia

Missing teenager found in bushland during aerial search in Australia **Teenager Rescued After Six-Day Ordeal in Australian Wilderness** A 17-year-old individual has been located in rugged bushland following a six-day search operation, bringing a tense period of uncertainty to a safe conclusion. The... read more »

US judge rules NSA data collection unconstitutional
Judge dismisses Alaska Senate election l...

Judge dismisses Alaska Senate election lawsuit; DOJ vows appeal

Judge dismisses Alaska Senate election lawsuit; DOJ vows appeal Democratic nominee Mary Peltola is facing two candidates named Dan Sullivan in the Alaska Senate election, one of whom is the Republican incumbent. This article was created based on information from various sources and rewritten for... read more »

'King Charles walking tightrope as ...

'King Charles walking tightrope as Burnham leaves Buckingham Palace in...

'King Charles walking tightrope as Burnham leaves Buckingham Palace in deeply uncomfortable position' OPINION: With brief warning and what appears to be a great lack of collaboration between Downing Street and Buckingham Palace, Andy Burnham decided to say what no prime minister or... read more »

Third-choice? Inside Alexander-Arnold's struggles in Madrid

Third-choice? Inside Alexander-Arnold's struggles in Madrid Trent Alexander-Arnold is currently third-choice right-back at Real Madrid – where does his future lie? This article... read more »

Donald Trump

Trump loses legal battle over Epstein-linked Wall Street Journal case

Trump loses legal battle over Epstein-linked Wall Street Journal case Judge permanently drops Trump's $10bn WSJ lawsuit, ruling he failed to prove actual malice in the newspaper's... read more »

New Zealand into semis with statement win over Fiji

New Zealand into semis with statement win over Fiji New Zealand deliver a statement victory as they thrash Fiji 78-0 to book their place in the Rugby League World Cup semi-finals. This... read more »

Iran says four tankers on fire after striking mines in Hormuz

Iran says four tankers on fire after striking mines in Hormuz Iran's Revolutionary Guard says four tankers have caught fire in the Strait of Hormuz. This article was created based on... read more »

Jim Cramer says it's time to look beyond tech. Here are 4 co...

Jim Cramer says it's time to look beyond tech. Here are 4 consumer stocks he likes Cramer said investors looking to diversify beyond the struggling AI trade should consider consumer... read more »