Author: Arabian Media staff
Adulting classes might sound like a trend, but they can offer something valuable that many people missed in school: navigating real-world finances. From budgeting and taxes to car care and grocery planning, these courses aim to prepare people for real-life financial decisions. But can they really change the course of your finances, or are they just a helpful starting point? Find out how adulting classes can build confidence, support smarter money choices, and what financial lessons matter most, according to a Harvard finance professor. Key Takeaways Adulting classes teach practical financial skills like budgeting, credit basics, and tax prep. These…
Image credit: Getty Images The Ministry of Human Resources and Emiratisation (MoHRE) in UAE has reaffirmed its commitment to enforcing labour regulations by taking strict action against businesses found to be non-compliant with their licensed activities while maintaining registered workers without genuine employment relationships. Read-Emiratisation targets for UAE’s private sector companies: What you need to know Since the start of 2025, MoHRE’s monitoring system has identified around 1,300 establishments, linked to approximately 1,800 business owners, that were not actively engaged in their approved commercial operations. Despite being inactive, these establishments had one or more registered employees without any real employment…
The gold-platinum ratio has plunged. If this market-timing indicator is correct, stock prices will follow. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.US air taxi start-up Joby Aviation is a step closer towards launching its first commercial service as early as the end of this year after completing a series of piloted test flights in Dubai.The company said the flights, where the aircraft successfully transitioned from vertical take-off to horizontal cruise before again landing vertically, mark a significant milestone in the nascent industry’s road towards commercial deployment. Joby in April completed its first such “transition” flight in California but this is the first time the…
Target-date funds have become very popular due to their simplicity and convenience, surpassing $4 trillion in assets in 2024 as more investors opt for a “set-it-and-forget-it” approach to retirement planning. But are they the right fit for your retirement goals? After all, a one-size-fits-all approach is rarely a good fit for everyone. Below, we’ll explain what target-date funds are, how they work, and what their pros and cons are. Key Takeaways Target-date funds offer a simple, low-cost way to invest for retirement with automatic rebalancing. Target-date fund assets reached $4 trillion in 2024, and surpassed mutual funds as the most…
Financial advisers and other investment professionals must become more savvy about cybercrime. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Nissan has sought to delay payments to suppliers and plans to cut 250 jobs at its UK plant, as the Japanese carmaker pushes forward with sweeping restructuring measures to overcome a financial crisis.The Yokohama-based producer of the Rogue, Leaf and Qashqai models said on Monday that some parts suppliers had been asked to accept delayed payment with interest, which would support the company’s near-term cash flow.The car manufacturer also plans to reduce headcount by 250 people at its Sunderland plant in northern…
The Department of Government Efficiency, or DOGE, is a federal initiative established by President Donald Trump in an executive order dated Jan. 20, 2025. The order renamed the existing U.S. Digital Service to the U.S. DOGE Service (USDS) and placed it under the Executive Office of the President. Although he was not named in the order, tech entrepreneur Elon Musk took charge of DOGE and became its most public figure. In April, Musk announced that he would be devoting less time to DOGE and more to his beleaguered auto company, Tesla. And he followed through with that exit in May.…
U.S. companies could see their regulatory burden get lighter — but the stock market hasn’t yet priced this in. Source link
This article is an on-site version of our Trade Secrets newsletter. Premium subscribers can sign up here to get the newsletter delivered every Monday. Standard subscribers can upgrade to Premium here, or explore all FT newslettersAfter two weeks in which this newsletter didn’t kick off with Donald Trump, I get sucked in like a rowing boat being inexorably pulled into a frothing whirlpool. Trump abruptly announced he was stopping talks with Canada late last week over the country’s digital services tax, which caused Ottawa rapidly to rescind it. A deal with the EU may, or may not, be imminent. At…