Author: Arabian Media staff
Image credit: Supplied After months of silence, the Dubai Fountain, one of the world’s most iconic and visited attractions, is preparing to make its triumphant return to Downtown Dubai on October 1. The relaunch of the fountain, renowned globally as the largest choreographed fountain system, marks a significant milestone in the city’s continued evolution as a global hub for tourism, innovation, and entertainment. Read more-Dubai’s Mall of the Emirates turns 20: Inside its Dhs5bn redevelopment Following a carefully orchestrated five-month renovation, the fountain is set to dazzle once more with its immersive blend of water, light, and music, reaffirming its…
Key Takeaways 20% of Gen Z and Millennials want dating apps to show credit scores, according to a survey by Credit One Bank. People with higher incomes tend to place greater emphasis on knowing a potential partner’s credit score. Many young people are struggling with financial issues, including declining credit scores. Yet a low score isn’t a dealbreaker for many daters; showing that you’re working on improving your score and being transparent can go a long way for many prospective matches. Dating apps may have a reputation for focusing on looks, but plenty of daters want to dive deeper than…
Key Takeaways Tech executives like Palantir CEO Alex Karp have said they don’t care if or where employees went to college—work performance matters more.Apple CEO Tim Cook has said a four-year degree isn’t required to work at Apple.Tech has seen a number of college dropouts make billions, like Bill Gates, Steve Jobs, and Mark Zuckerberg. Executives at top tech companies are telling young people to rethink the purpose of education, and even whether they should attend college at all. Tech has had a range of successful college dropouts in its history, and the industry is being shaken up by the…
Key Takeaways Warren Buffett warns investors tempted by overactive trading that it’s like casual hookups—exciting in the moment but destructive over time. Frequent trading can slash returns by 6% to 7% compared with simply holding a stake in a broad market index fund. Active trading can cut long-term gains through transaction fees and other costs. Treating stocks as ownership stakes, not speculative tokens, is the foundation of lasting wealth, Buffett argues. The Oracle of Omaha has a spicy take that cuts to the heart of his stock-buying philosophy: “According the name ‘investors’ to institutions that trade actively is like calling…
Key Takeaways Buying a home has become out of reach for most Americans, with prices rising much faster than incomes. Renting doesn’t necessarily mean falling behind financially—economist James Choi notes that the costs of owning can often exceed the expense of long-term renting when accounting transaction costs. Tax benefits tied to homeownership often result in people being more willing to spend money on buying a home, meaning they may not always translate into better financial outcomes. With property prices rising and wages not keeping up, the ability to buy a home is out of reach for many Americans, but that…
Key Takeaways Buffett maintains a concentrated portfolio with Apple Inc. (AAPL), American Express Company (AXP), and Bank of America (BAC) as top holdings. New investments include homebuilders Lennar (LEN) and D.R. Horton (DHI), steel producer Nucor (NUE), and, most notably, UnitedHealth Group (UNH)—the troubled health insurance giant. Berkshire Hathaway added to its existing stakes in Pool Corp (POOL) and Constellation Brands (STZ). Standing at $344.1 billion, Buffett’s massive cash pile is roughly unchanged from the March 2025 record of $347 billion. The second quarter of 2025 marked a historic transition for Berkshire Hathaway. On May 3, 2025, Warren Buffett, the…
Many traders spend a good portion of time looking for and identifying trends in stock charts, hoping to ride the next wave to profit. However, for some, sideways price action can be just as lucrative. When a security stops following a trend and instead oscillates between two prices, it becomes range-bound. As the price bounces back and forth, it establishes identical, or nearly identical, highs and lows, creating an upper resistance level and a lower support level. While the limited upside potential may be frustrating for someone looking to ride a trend, the relative predictability of these highs and lows…
Key Takeaways Reverse budget your savings before expenses to help you achieve your first $1 million in net wealth.Use high-yield savings, retirement, and brokerage accounts, and trade assets you’re comfortable with rather than those that are in trend.Focus on growth and take a long-term approach.Find ways to automate your savings.Manage your money by rebalancing your portfolio, using hedging strategies, and dollar-cost averaging. Hitting $1 million in net wealth may come from landing a windfall like the lottery or inheriting it from a rich relative. Let’s face it, though, most of us aren’t that lucky. But that doesn’t mean you can’t…
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