Author: Arabian Media staff

Job openings climbed in May to a six-month high as lots of graduates entered the labor force, but companies were not very quick to hire as the grappled with the aftershocks of high U.S. tariffs. Source link

A recent Pew Research Center study has shed light on the harsh financial reality for millions of Americans: 27% say they’ve had trouble paying for medical care for themselves or their family in the past year. This statistic highlights a growing crisis of affordability in the U.S. healthcare system and how deeply medical costs continue to affect everyday lives. Despite the burden, however, there are steps that individuals can take to reduce or eliminate medical debt. Key Takeaways The Pew Research Center found that 27% of adults struggle to pay medical bills. Always request an itemized bill, being sure to…

The financial-services platform is making a smart move by getting deeper into cryptocurrencies, analysts say, as it will expand its customer base. Source link

The U.S. Social Security financial safety net is based on a worker’s contributions to the system, but the program provides a range of assistance for people beyond taxpayers who earned the benefits. Dependent children have qualified for Social Security since 1939, based on the worker’s earnings. Nearly four million minors qualified and are receiving benefits as of May 2025. Their parents were deceased, disabled, or retired. Key Takeaways Eligible minors can collect Social Security benefits based on their parents’ work records. The child generally can’t yet have reached the age of 18, although this can be extended under certain circumstances.…

Even after the Trump White House dialed back high U.S., tariffs, American manufacturers say ongoing trade wars have raised costs, curbed demand and made it hard to plan for the future. Source link

Charlie Munger, the late vice-chair of Berkshire Hathaway Inc. (BRK.A, BRK.B), never minced words about his views on cryptocurrencies, calling the space “disgusting and contrary to the interests of civilization” in 2021, adding that it was mostly “useful to kidnappers and extortionists.” Later that year, he applauded the Chinese government for banning crypto outright, lamenting that “English-speaking civilization has made the wrong decision” by letting the boom run wild, and, in a 2023 Wall Street Journal op-ed he reduced the whole asset class to “a gambling contract with a nearly 100% edge for the house.” Despite Munger’s warnings, however, the…

Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldEuropean capitals have hardened their position in trade talks with Donald Trump, insisting the US drops its tariffs on the EU immediately as part of any framework deal before the looming deadline on July 9. Trade commissioner Maroš Šefčovič has been instructed to take a tougher line on a trip to Washington this week as Brussels tries to remove or at least substantially cut Trump’s levies in the long term.Washington has indicated to Brussels that the most likely first-stage agreement…

When people hear financial services sector, they often picture Wall Street traders and investment bankers. But the sector is far more diverse and foundational to the economy than stock trading alone. The financial services industry includes a wide range of businesses from global banks and credit card companies to payment processors and online lenders. Together, these companies facilitate banking, credit, insurance, investment management, real estate services, and more. Financial services companies are considered to be one of the most important parts of the economy in many different countries. Their profits make up a large portion of the gross domestic product…

It’s normal for your financial goals to change, so it makes sense that you may want to switch from one brokerage to another. You may also want to break up with your broker if you’re tired of paying fees or customer service hasn’t been great. Maybe you just found a broker with a more intuitive website, better investment options, or additional perks. Whatever the reason, you can close your account with one broker and easily transfer to another. We’ll guide you through the process in a few steps. Key Takeaways If your financial goals have changed or you’re trying to…

Image credit: Emirates/Website Emirates is set to boost capacity and enhance passenger experience across several global routes, with increased flight frequencies, retrofitted aircraft, and wider Airbus A380 deployments. Read-Emirates SkyCargo launches new vertical: here are all the details In response to growing demand across its network, the airline will roll out schedule enhancements and deploy more of its newly refurbished Boeing 777 and Airbus A380 aircraft to key destinations including Shanghai, Zurich, Milan, Rio de Janeiro, Buenos Aires, and Singapore. More flights and larger aircraft across the network Effective October 26, Emirates will: Add a third daily flight to Milan…