Author: Arabian Media staff
The GOP megabill provides newborns with tax-advantaged investment accounts. Here’s the best advice for how to manage them. Source link
Costco Wholesale Corp. on Wednesday reported $26.44 billion in sales for the five weeks that ended on July 6, marking a year-over-year gain of 8% and a month-to-month acceleration of sales growth. Source link
Treasury Secretary Scott Bessent is among the contenders to head the Federal Reserve. Can President Donald Trump have him do both jobs at once? Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Four sailors were confirmed dead on Wednesday after Yemen’s Houthi rebels hit a cargo ship in the Red Sea, marking the most lethal attack in the Iran-backed militants’ campaign against vessels in the strategic waterway.Six out of 25 crew members have been rescued from the Red Sea after Monday’s attack on the Liberia-flagged Eternity C cargo ship, according to the EU’s Aspides naval mission, which protects commercial vessels in the Red Sea. The search for the remaining 15 crew members continues.The attack,…
Private nonprofit colleges tend to be expensive because they rely on tuition and investments to fund their operations, unlike public institutions that receive a greater amount of government support. Colleges are also increasingly spending more on a wide range of campus resources, further driving up costs for students. As a result, attending a private nonprofit college may necessitate taking out more in student loans to cover those costs. Key Takeaways Private nonprofit colleges often have higher operational expenses, largely due to fewer government subsidies.Investment in student services and facilities also contributes to higher tuition costs.A lack of federal regulation allows…
Royal Caribbean’s stock still has a lot more upside, according to Wall Street’s new most bullish analyst. Source link
Global Ship Lease is seeing ‘tremendous demand’ for its smaller ships as customers seek flexibility amid tariff uncertainties. Source link
Not all schools are transparent about how GI Bill benefits cover tuition and fees, and some may mislead students about costs or eligibility, according to a warning from the Federal Trade Commission (FTC). But there’s a free tool from the U.S. Department of Veterans Affairs (VA)—the GI Bill Comparison Tool—that can help you make informed decisions and avoid wasting your hard-earned benefits. Key Takeaways The FTC warns that some schools misrepresent how GI Bill benefits apply to tuition and fees.The VA’s GI Bill Comparison Tool lets you compare approved schools, estimate your benefits, and spot red flags before enrolling.Using this…
One of the latest theories gaining traction on Wall Street is that energy stocks have way better prospects than their valuations suggest. Many investors in the major U.S. indexes via exchange-traded funds (ETFs) may assume that any bump in oil and gas stocks will net them better returns. Today, the energy sector accounts for just 3% of the S&P 500, 2% of the Dow Jones Industrial Average, and 0% of the Nasdaq 100, J.C. Parets, founder of Trend Labs, noted in a June 2025 Investopedia Express podcast. “Investors in America just don’t have exposure to energy, and I think they’re really…
There was a general sense among most Federal Reserve officials that interest rates could be lowered by the end of the year, minutes of the Fed’s June 17-18 meeting showed. Source link