Author: Arabian Media staff
Maybe you’re one of the more than 2 million couples who tied the knot last year, or you’re eyeing a walk down the aisle in 2025. Either way, you may have some decisions to make. The Knot, a global content provider for couples planning weddings and other family celebrations, reports that 40% of the guests who attended weddings in 2024 gave cash to the happy couples, while another 10% gave gift cards. The gift choice begs the question: What should you do with that money? Key Takeaways Financial advisors recommend maintaining emergency savings equal to three to six months of…
The rapid rise of artificial intelligence (AI) is reshaping the workplace faster than most people realize. What started with automating back-office tasks and customer service roles has now expanded into programming, legal research, financial analysis, and even creative fields such as writing and design. Experts predict that by 2030, up to 30% of U.S. jobs could be automated, with as many as 300 million jobs globally at risk because of AI and related technologies. As AI tools become smarter and more accessible, the line between human and machine work is blurring—and the pressure to adapt is mounting. If you’ve noticed…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The US food industry is accelerating its shift to chicken amid a decades-long decline in beef consumption, as businesses from meatpackers to grocers to fast food restaurants cash in on a trend towards high-protein diets and low-cost meat.One of those businesses is Taco Bell, which despite being known for ground beef tacos, added a full line of crispy chicken dishes including strips and burritos to its menu this month.In December, the Mexican-inspired fast-food chain introduced chicken nuggets, which it said were an…
Over 2.5 million people in the United States receive Social Security benefits, and more become eligible each year. If you are eligible for benefits, here’s what you need to know to apply. Key Takeaways There are four types of Social Security benefits, and you will need slightly different supporting documents when applying for each type. You can apply for Social Security benefits in person or online through a my Social Security account. The most common reasons that Social Security applications are rejected are not meeting eligibility requirements, submitting incomplete information, and not having enough work credits. Documents You Need Before…
“The number of people used, whether it be a junior banker, analyst or a salesperson, you just don’t need to throw bodies at it anymore.” Source link
The US cycling industry faces “devastating consequences” from tariffs and wider business uncertainty, with little hope of a recovery before the end of the decade, the boss of lobby group PeopleForBikes said this week at the world’s largest cycling trade show.Jenn Dice, chief executive of the US group told journalists at Eurobike in Frankfurt, “We’re pretty sober about the next four to five years.” PeopleForBikes predicts stagnation in US bicycle sales until 2029 with “plenty of headwinds”, she added. “Many of our CEOs say in their many decades of experience, they’ve never experienced a time like today.”The industry was already…
Negotiation is a powerful tool that can improve your financial standing in many ways. It can help you get a higher salary, buy a home, grow your own business, and more. Becoming adept at negotiating can significantly improve your financial trajectory if you do it right. It isn’t about being pushy in an unappealing way. It’s about being prepared, strategic, and confident—and being ready to negotiate in a variety of circumstances. “Too often, negotiation is treated as a one-time win, notes Eric Dostal, J.D., CFP, and Managing Director at Wealthspire Advisors. “But the real value is cumulative … the smartest…
“I would never even consider tipping less than 20% if it were a personal ride.” Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Lotus has reversed its plans to end car production in the UK after the government signalled it was willing to offer support to the struggling British sports car brand. In a statement on Saturday, Lotus, which is controlled by Chinese carmaker Geely, said it was “actively exploring strategic options” to improve the efficiency of its operations and global competitiveness. “Lotus Cars is continuing normal operations, and there are no plans to close the factory,” it said.The Financial Times reported on Friday that the company…
Your 50s can be a wake-up call: Retirement isn’t theoretical anymore. With the clock ticking, the decisions you make now can dramatically affect the life you lead later. From maximizing your savings to reassessing your investment strategy and planning for long-term care, here are five expert-approved moves to secure your financial future. Key Takeaways Catch-up contributions and Roth conversions can supercharge your retirement accounts in your 50s, so it’s smart to take advantage of them if you can.Don’t forget to plan for long-term care as well; it’s a reality for most retirees.Finally, think strategically about when you want to retire…