Author: Arabian Media staff
Stay informed with free updatesSimply sign up to the US equities myFT Digest — delivered directly to your inbox.Wall Street’s S&P 500 share index climbed to a record high on Friday, capping a dramatic rebound by US stocks from a sharp drop earlier in the year sparked by Donald Trump’s barrage of global tariffs.The blue-chip index rose 0.3 per cent in early trading to 6,158.87, eclipsing its previous peak of 6,147.43 on February 19.A US-brokered ceasefire in the conflict between Israel and Iran has boosted equities this week, easing investors’ concerns about a potential disruption to the flow of oil…
Backed by an army of retail traders, Vlad Tenev is shaking up the financial order. Source link
Tax Rates for Short-Term Capital Gains – 2024 Filing Status 10% 12% 22% 24% 32% 35% 37% Single Up to $11,600 $11,601 to $47,150 $47,151 to $100,525 $100,526 to $191,950 $191,951 to $243,725 $243,726 to $609,350 Over $609,350 Head of household Up to $16,550 $16,551 to $63,100 $63,101 to $100,500 $100,501 to $191,950 $191,951 to $243,700 $243,701 to $609,350 Over $609,350 Married filing jointly Up to $23,200 $23,201 to $94,300 $94,301 to $201,050 $201,051 to $383,900 $383,901 to $487,450 $487,451 to $731,200 Over $731,200 Married filing separately Up to $11,600 $11,601 to $47,150 to $ $47,151 to $100,525 $100,526 to…
Nike Inc. has endured a tough few years marked by weaker demand and its own struggles to adapt to shifting trends. While the athletic-gear and sneaker maker’s fourth-quarter results Thursday were hardly spectacular, analysts say that Nike is finally on a path to recovery. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.US health tsar Robert F Kennedy Jr wants all Americans to be sporting medical “wearables” in the next four years, banking on such devices to make the country healthy again. The outspoken vaccine sceptic’s hopes have already got investors’ pulses racing. Shares in glucose-monitoring company Dexcom rose almost 10 per cent on Wednesday.It’s not just Americans who like keeping tabs on their wellbeing. Japanese toilet maker Toto has been testing users’ urine for diabetes and other conditions for decades. Prissier westerners prefer…
Generation Z is using social media to voice concerns about a potential U.S. recession, drawing attention to signs they believe are indicators of economic stress: from Lady Gaga’s newest album to 2000s-style low-rise jeans. Is this an exaggerated response to uncertainty, or is Gen Z tapped into early economic warning signs that might typically go unnoticed? While it can be tempting to get sucked into these theories, ultimately, experts and data suggest that these are unreliable indicators and that a recession is not looming. Here’s what to know. Key Takeaways Gen Z is redefining economic recession cues by turning to…
Consumer spending falls in May for first time in four months Source link
President Donald Trump said Thursday that a deal had been signed “yesterday” with China, but offered no details. Source link
The latest PCE report probably cements the status quo. Investors expect the Fed to wait until September to cut interest rates for the first time this year. Source link
Money-related stress is widespread. More than 90% of workers said they’re stressed about their finances, and 72% said it has worsened their mental health, according to a 2024 BrightPlan survey of U.S.-based knowledge workers. About 70% of Americans say financial uncertainty has made them feel depressed or anxious, causing them to lose sleep and feel physically ill, according to a 2025 Northwestern Mutual survey. As a result, financial therapy is gaining traction. It combines psychological counseling with money management, addressing issues like chronic overspending, anxiety about saving, and conflicts over finances at home. More people are discovering that money problems aren’t…