Author: Arabian Media staff
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldThe writer is a distinguished fellow in residence at the Brookings Institution, former chair of the Federal Reserve and former secretary of the TreasuryUS President Donald Trump’s claim that he has “fired” Federal Reserve governor Lisa Cook “for cause” is not only unlawful. It is profoundly dangerous. It represents a direct attempt to politicise the Fed, intimidate its leadership and bend monetary policy to the president’s will. This action threatens to end the independence of the Federal Reserve — and with it,…
Key Takeaways A $12,000 increase in salary can be substantial enough to accept a job offer, but do the math to consider any potential loss in benefits.You might consider accepting the offer if it advances your career or if it’s a better professional fit for you.Avoid accepting the offer based on salary alone, especially if you have to move for the job or give up seniority and professional perks. Getting a job offer is always thrilling, especially if it comes with the opportunity to earn $12,000 more than your current role. As inflation tends to push the cost of living…
Key Takeaways Unemployment rates for computer science and computer engineering majors are among the highest for all college majors. Between recent grads and experienced software engineers who have been laid off, the market has been flooded with job candidates. Recent grads should explore opportunities beyond big tech, stay up-to-date on new technologies, and use multiple channels to find jobs. In the past, having a computer science degree seemed like a ticket to a six-figure salary after graduating from college. Recently, however, many new grads in these majors are finding it difficult to secure employment. Unemployment rates for computer science and…
More than a century after its first punch‐card tabulators helped the U.S. Census count a growing nation, International Business Machines Corp. (IBM) is again surprising skeptics. Once written off as a lumbering mainframe relic, “Big Blue” has again captured Wall Street’s attention with a fresh strategy that combines hybrid cloud, artificial intelligence, and an ambitious, long-term play in quantum computing, which has given it a head start in one of the most significant mid-2020s tech trends. Revenues are growing again, its stock reached an all-time high in February 2025, and CEO Arvind Krishna is credibly pitching IBM as the platform…
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Key Takeaways More than 80% women say they don’t feel confident managing an inheritance. Half believe it’s morbid to discuss estate planning with their parents, but knowing details early can be crucial. Experts recommend waiting three months to a year before making major decisions with inheritance money. A financial professional can provide guidance and support. Baby boomers are expected to pass down $124 trillion by 2048, and women are positioned to inherit much of that wealth. But many say they feel unprepared to manage an inheritance. What the Statistics Say The Citizens Great Wealth Transfer Survey, conducted from Jan. 22…
Key Takeaways Singles shoulder 100% of cash‑flow shocks, so larger emergency funds and disability coverage are critical. Max out tax‑advantaged accounts—401(k)s, individual retirement accounts (IRAs), and health savings accounts (HSAs)—and consider delaying Social Security to hedge longevity risk. More Americans are staying single these days. Nearly 30% of U.S. households are now a party of one—that’s 38.5 million people, as of 2024. Going solo in life often means going it alone in retirement planning, too. Without a partner’s paycheck, employer plan, or survivor benefits to fall back on, single investors must create their own safety net—and it has to last…
Image credit: Saudi Press Agency /Website In a bold move to elevate the spiritual and logistical experience of millions of pilgrims, Saudi Arabia is rolling out a series of improvements at the Two Holy Mosques that reflect a seamless integration of technology, hospitality, and spiritual inclusivity. With the Umrah season in full swing, pilgrims arriving in Makkah and Madinah are being welcomed with a carefully coordinated network of services that prioritise ease of access, historical immersion, and global outreach, ensuring the journey of a lifetime is both spiritually enriching and effortlessly organised. Read-Umrah 2025: New digital platform launched for visas…
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Key Takeaways Researchers have shown that AI trading algorithms can learn to set higher prices purely by observing one another, even without explicit agreement or messaging.While tacit, this collusion can harm market efficiency. When bid-ask spreads or asset prices are raised, algorithmic collusion reduces price competition and increases trading costs for all market participants. AI trading bots now execute many of the trades on Wall Street, but July 2025 research suggests these bots can unintentionally learn to work together in ways that drive up costs for everyday investors. A July 2025 National Bureau of Economic Research (NBER) study found that…