Author: Arabian Media staff

The U.S. beer industry faces a retreat from health-conscious consumers and competition from alternative beverages. Source link

Stay informed with free updatesSimply sign up to the Automobiles myFT Digest — delivered directly to your inbox.Lotus plans to end production in the UK after more than 70 years, putting 1,300 jobs at risk in the latest blow to the country’s car industry.The British sports carmaker, controlled by Chinese carmaker Geely, has struggled to pay its suppliers in recent weeks, according to two people with knowledge of the discussions, bringing production to a temporary halt at its Hethel plant in Norfolk for about a month. The company is planning to stop production for good at the plant — its…

Knowing how to effectively communicate with your student loan servicer about your account is key to managing your debt effectively. This includes understanding the specific responsibilities and limitations of your servicer, knowing what the best methods for contacting it are, and keeping detailed records so that you can speak confidently and accurately about your debt. Key Takeaways Having insight into the responsibilities of a student loan servicer can help you have a more productive conversation with one. Keep detailed records pertaining to your student loans on hand so that you won’t be going in unprepared. Lenders tend to have multiple contact options,…

With over 20 years as a financial advisor, I’ve sadly seen many otherwise excellent advisors fail at the most important part of the job—attracting the ideal clients who would benefit from your help. I’ve fortunately been able to build a thriving financial planning practice filled with ideal clients, and we currently have a two-year waiting list for new clients. By instituting these 10 tips, you will obtain clients you enjoy working with who appreciate the value of your service. Like me, you will end up starting a waiting list or growing a very large firm to take care of all…

Exchange-traded funds (ETFs) are ideal for beginning investors due to their many benefits, which include low expense ratios, instant diversification, and a multitude of investment choices. Unlike some mutual funds, they also tend to have low investing thresholds, so you don’t have to be ultra-rich to get started. Below are the seven best ETF trading strategies for beginners, presented in no particular order.  Key Takeaways ETF investors can use the same strategies used in stock investing, such as dollar-cost averaging and sector rotation.The most popular ETFs track the S&P 500 Index but other ETFs focus on single sectors or industries.Some…

Just because you’ve passed your exams and your name is on the door doesn’t mean you should expect a flood of strangers eager to dive into uncomfortable (even if necessary) conversations about money.  Financial advising is a trust-based business. Growing your practice depends on knowledge and credentials and is built on relationships, reputation, and visibility. Whether scaling an existing firm or launching a new one, the fastest growth often comes from strategies that might surprise you, like narrowing your client focus, showing up for your community, and consistently offering value without always leading with a pitch. Key Takeaways The fastest-growing…

If you’re stuck in a financial rut, consider an alternative way of budgeting that puts your savings first. Instead of putting away what’s left at the end of the month, put money into savings first and use the rest for monthly bills and expenses. This is called reverse budgeting, and it could do wonders for you if you are keen on boosting your savings. Here’s how to do it. Key Takeaways Reverse budgeting prioritizes savings before other expenses.First, you set money aside for savings, and then you pay off monthly bills and expenses.Reverse budgeting helps to simplify your financial management…

Also: An interview with Robinhood CEO Vlad Tenev, a soaring stock you might best avoid and how an annuity can help stabilize your retirement. Source link

Half of Americans (51%) fear they’ll outlive their savings, according to a 2025 Northwestern Mutual study. However, there’s a 401(k) strategy that can go a long way toward eliminating this risk—converting a portion of your balance into a payout annuity. While new research from the National Bureau of Economic Research (NBER) shows this works best when it’s automatic—converting 20% of assets above a threshold—many 401(k) plans already offer annuity options you can choose today. For example, BlackRock Inc. (BLK) offers its LifePath Paycheck funds, automatically allocating 30% of assets to annuities by retirement. While you keep control over most of…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.South Korean band BTS is set to reunite after its members completed their military service, fuelling excitement about a new album that analysts hope will reinvigorate K-pop, one of the country’s biggest cultural exports. Five members of the band — RM, V, Jimin, Jung Kook and Suga — were discharged from military service this month, joining j-hope and Jin, whose service ended last year. “Thank you for your patience,” Suga wrote in a social media post, vowing to “try our best to repay the…