Author: Arabian Media staff
After a stunning comeback for markets and sentiment, Goldman Sachs places three main risks in the spotlight Source link
As trading becomes more accessible due to the proliferation of online and discount brokerage firms, more people are participating in the stock market. However, as an individual or sole proprietor, traders cannot take advantage of some of the tax advantages and asset protection strategies that are available to companies. Working as an independent trader can be a way for individuals to make extra income, or even possibly a full-time living. But like any business venture, the income generated from trading is taxable. If you are successful as an independent day trader, it can create significant tax liabilities for you. Individuals who…
If you’re like many U.S. consumers, you’re more worried now about money. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.British people “desperately” trying to get away from their gloomy day-to-day lives helped propel Jet2 to record passenger numbers and profits, the airline’s bosses have said. Steve Heapy, chief executive of Jet2, told the Financial Times that the urge to “escape” from Britain had boosted passenger numbers to European destinations. The growth has come despite growing concerns about overtourism on the continent.“I spend 50 weeks a year in this country and I want to escape it. People desperately want to get away . . . from…
The One Big Beautiful Bill Act (OBBBA), signed into law by President Donald Trump over the July 4, 2025, weekend, is a sweeping multitrillion-dollar package that blends tax cuts with significant spending reductions and changes to the social safety net. For retirees, the new law brings both opportunities and uncertainties—from temporary tax relief on Social Security benefits to potential changes in required retirement distributions. While some provisions offer immediate benefits, others create planning challenges that could affect retirement strategies for years to come. Below are seven crucial takeaways for retirees. 7 Things Taxpayers Need to Know About the Big Beautiful…
Verona Pharma’s stock soars toward a record after $10 billion buyout deal with Merck. Source link
There’s no consistent pattern to how the stock investors react when the Fed lowers rates. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Thames Water has refused to claw back bonuses worth £2.5mn, despite UK government threats to block what ministers dubbed “outrageous” payments at the utility that is trying to avoid renationalisation.The bonuses handed out to 21 senior staff in April were disclosed on Wednesday in a dump of documents by the parliamentary environment committee. It has recalled heads of Thames Water to give evidence next week amid “new financial concerns” for the UK’s biggest water company.The bonuses were the first instalment of a…
Image credit: Getty Images Dubai Municipality has signed a Memorandum of Understanding (MoU) with Parkin Company PJSC, the largest provider of paid public parking facilities and services in Dubai, to enhance operational efficiency and service quality across the emirate’s public parking infrastructure. Eng. Marwan Ahmed Bin Ghalita, Director General of Dubai Municipality, and Ahmed Hashem Bahrozyan, Chairman of Parkin’s Board of Directors, attended the signing ceremony. The MoU was signed by Bader Anwahi, CEO of the Public Facilities Agency at Dubai Municipality, and Mohamed Abdulla Al Ali, CEO of Parkin, a Dubai Media Office report conveyed. Read-Dubai: New variable parking…
This article is an on-site version of our Moral Money newsletter. Premium subscribers can sign up here to get the newsletter delivered three times a week. Standard subscribers can upgrade to Premium here, or explore all FT newsletters.Visit our Moral Money hub for all the latest ESG news, opinion and analysis from around the FT Welcome back. Donald Trump is back on the tariff warpath, vowing yesterday that his punishing trade levies will come into force on August 1, with “no extensions”. The markets still don’t seem convinced (though copper traders have been panicking).But the president’s landmark tax and spending…