Author: Arabian Media staff
Key Takeaways Travel rewards programs make more of an impact on younger travelers, rather than older travelers. Still, anyone can take advantage of travel rewards programs, regardless of age. Travel credit cards give you points or miles for every dollar you spend, which you can use for travel or other rewards. And there’s often a generous welcome bonus when you sign up for a new card. You can optimize your spending by using certain cards, stacking your rewards, maximizing bonus categories, and choosing a card that’s affiliated with an airline. Travel is expensive. Fortunately, a good travel rewards credit card…
Key Takeaways Denmark will soon be tied with Libya as having the highest official retirement age, at 70 years old.Other countries with high retirement ages include Australia, Greece, Iceland, Israel, Italy, the Netherlands, Spain, and the United States.Countries with low official retirement ages often have high effective retirement ages, meaning people tend to work until their mid-60s regardless of where they live.While the United States will avoid a raise in the retirement age this year, from 67 years old, the Republican Party has continually proposed this during budget talks. Denmark will soon be tied with Libya to have the highest…
GE Aerospace (GE) designs and manufactures jet and turboprop engines and integrated systems for commercial, military, business, and general aircraft. The company was spun off from multinational corporation General Electric, which provided a range of products and services, including aircraft engines, power generation, oil and gas production equipment, medical imaging, financing, and more. As of Dec. 31, 2024, the top individual shareholders are H. Lawrence Culp, Russell Stokes, and L. Kevin Cox. The top institutional holders of GE Aerospace shares are Vanguard Group, BlackRock, and Fidelity Investments. The company’s market capitalization was $298.72 billion as of Sept. 12, 2025. The…
Key Takeaways The trust funds used to pay Social Security benefits will be depleted in 2033. After 2034, the program will continue paying benefits, but they will be reduced. Policy changes to payroll taxes and Social Security benefits could ensure the long-term longevity of the program through Gen Z’s retirement. Gen Z can prepare for retirement, with or without Social Security, by maximizing contributions to retirement accounts and creating alternative income streams, such as real estate, annuities, and side hustles. According to a survey by Western & Southern Financial Group, a majority of Generation Z (those born in the years…
French debt has surged, deficits are widening and two prime ministers have fallen trying to fix it.The question that now hangs over politics in Paris: how much of the budget trouble is of French President Emmanuel Macron’s own making?Since Macron entered the Élysée in 2017 promising to cut taxes, boost growth and shrink the state, public spending has climbed — and so has France’s debt-to-GDP ratio, now trailing only Greece and Italy in the Eurozone.Last year’s budget shortfall hit 5.8 per cent, the highest of all Eurozone countries. François Bayrou, the second premier this year to walk the plank over deficit…
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When two people marry later in life, there is more to sort through than wedding gifts. A marriage between two people with longer histories requires decisions concerning finances, children, assets, housing, and retirement planning—to name just a few issues. Here’s how to ensure your financial interests, both as individuals and as a couple, are protected. Key Takeaways Older couples who plan to marry need to share information on their finances, assets, and retirement accounts. It’s best to be open about everything, from debts to your investment strategies and retirement plans. Be sure to update your tax information, determine your filing status,…
According to Fidelity’s Couples and Money study, 45% of partners argue about money at least occasionally, and nearly 1 in 4 couples identify money as their greatest relationship challenge. Here are six common financial issues that stress married couples. Key Takeaways Around one-quarter of all couples say money is their greatest relationship issue. Couples can employ various tools and strategies to pay off debt. Spouses should communicate their financial priorities around raising children, saving for retirement, and budgeting and spending. A financial advisor or planner can provide couples with unbiased advice. 1. Separating Earnings Sometimes couples split the bills down the…
What Is a Common-Law Marriage? A common-law marriage is a legally recognized marriage between two people who haven’t purchased a marriage license or engaged in a ceremony overseen by an officiant. Common-law marriage is permitted in several U.S. states. Not all states address this arrangement with a statute; some use public policy or case law to determine validity. Key Takeaways A common-law marriage is a legally recognized marriage between two people who haven’t purchased a marriage license or engaged in a ceremony overseen by an officiant. Nine states and the District of Columbia recognize common-law marriages. Common-law spouses who meet…