Author: Arabian Media staff
Most people know Kevin Bacon, not just for his most famous roles in “Footloose,” “Animal House,” “JFK,” or “Apollo 13,” but also for the pop-culture game Six Degrees of Kevin Bacon, which claims that any actor can be connected to him in six steps or fewer. It’s seemingly just for fun, but this quirky trivia game actually offers real-life lessons for your investment portfolio, especially when it comes to portfolio diversification. Just like actors in Hollywood, the assets in your investment portfolio are often more connected than they appear on the surface. That’s where the concept of diversification becomes crucial.…
One of the biggest European Union imports to the U.S. is automobiles. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Prenuptial agreements are on the rise in England and Wales, particularly among those entering second marriages or bringing assets into a relationship. Yet, unlike in many other countries, they are not automatically legally binding in court, despite being upheld in many cases.Family lawyers have long argued that this legal grey area leaves some couples vulnerable, particularly where one partner is significantly wealthier than the other. Some campaigners are calling for reform to make pre-nups fully enforceable, but others question whether they undermine…
Risk is a key part of building wealth, and higher returns come with a higher chance of loss. According to a survey by financial services company Empower, 23% of Americans said risk is important if you want to accumulate wealth. But that doesn’t mean you should take risks carelessly. Experts say that taking calculated risks and balancing your investments can help preserve your assets while seeking higher returns. Key Takeaways An Empower survey showed that almost a quarter of Americans believe that you need to take risks to get richer. Risks are inherent in investing, so you can’t completely avoid…
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldThe US president has threatened Russia with 100 per cent secondary tariffs if the war in Ukraine does not end soon, as he announced an agreement with Nato allies to send more weapons to Kyiv.During a meeting in the Oval Office with Nato secretary-general Mark Rutte on Monday, the US president said he was “very unhappy” with Moscow over the lack of progress towards a deal to end the conflict.“We are very unhappy — I am — with Russia,” Trump…
A rising Wall Street chorus believes Apple needs new leadership. Why that’s tone deaf. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Crypto asset manager Grayscale has filed for an initial public offering in the US, in the latest sign of how the Trump’s administration’s warm embrace of the industry has set off a rush of listings by digital assets groups.The company said on Monday that it had confidentially submitted an IPO registration statement to the Securities and Exchange Commission, but did not provide details of the number of shares to be sold or the anticipated price range.The listing plans represent a recent reversal…
Dark pools are private exchange venues used primarily to facilitate large block trades between institutional investors. They are designed to prevent large orders from influencing market prices by allowing big traders to transact directly and anonymously, bypassing the public order book. Bid and ask data for dark pools is not publicly available, hence the term “dark.” Dark pools are primarily used by institutional investors, but that doesn’t mean retail traders can’t benefit from them. The routing technology of the best online brokers allows them to use dark pools if they have better fill prices. Some trading platforms also offer tools…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Sometimes — when researching other things — we come across data sets that are just too cool not to share.In this case it’s a snapshot of all the world’s financial assets held by all the world’s financial entities at the end of 2023 — all $480tn of it:Some content could not load. Check your internet connection or browser settings.The data comes from the Financial Stability Board — the international body that monitors and makes recommendations about the global financial system. It’s analysed…
A report into last month’s fatal Air India crash that sparked furious debate over the actions of the doomed aircraft’s pilots has left the airline and its owner Tata Group facing mounting questions over what went wrong.The preliminary report released by India’s Air Accident Investigation Bureau at the weekend said cockpit switches that control the flow of fuel to the Boeing 787-8 Dreamliner’s engines were turned to the “cut-off” position shortly after take-off.The report said that in the cockpit voice recording, one of the pilots is heard asking the other “why did you cut off?” to which the other responded…