Author: Arabian Media staff
A new survey finds that only 17% of people are willing to pay to read news online, with most either looking elsewhere for the news for free or just not reading it at all. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Apple is changing its App Store policies in the EU in a last-minute attempt to avoid a series of escalating fines from Brussels. The $3tn iPhone maker will allow developers in the bloc to offer apps designed for the iOS operating system in places other than Apple’s App Store, the company said. Apple has been negotiating for two months with the European Commission after being fined €500mn for breaching the EU’s Digital Markets Act, the landmark legislation designed to curtail the power of…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Anna Wintour is ending her nearly four-decade tenure as editor of US Vogue, in a move that rattled fashion and media circles due to her powerful position in the industry. The British-born editor would retain control of Vogue globally and a senior role at its parent company, she told staff on Thursday.As part of a restructuring, Wintour would hire a “head of editorial content” for US Vogue and continue in her role as global editorial director for Vogue, said a person familiar…
Stablecoins are testing the foundation of the financial system. The problem? How to regulate them. Source link
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldTrump Mobile has backed away from the claim that its golden smartphone will be “Made in the USA”, just a week after it was announced.The phone network launched by the Trump Organization has changed its website to say that the $499 smartphone will be “brought to life right here in the USA” and “designed with American values in mind”, after last week pledging the product would be manufactured in the US.Statements that the T1 phone would start shipping in August…
Stay informed with free updatesSimply sign up to the Private equity myFT Digest — delivered directly to your inbox.The private equity owner of the former KPMG restructuring and advisory business Interpath is poised to appoint bankers to manage a sale of the company at a target valuation of about £800mn. Banks have this week begun pitching to HIG Capital to advise on the sale of Interpath Advisory, according to people familiar with the matter, kicking off a formal sale process for the former KPMG restructuring business.HIG will appoint banks to help it sell Interpath for about £800mn, four years after…
Planning for your children’s future usually means saving up for their education or setting up an emergency fund. However, a very simple yet often overlooked step can provide a massive boost to your child’s finances: opening a Roth IRA account for them. Though primarily seen as a retirement savings account, a Roth IRA can offer teenagers a unique financial advantage by combining compound interest with tax benefits. By opening a Roth IRA for a working teen, you’re not only setting aside money but also helping your child understand financial literacy and discipline. Even small, consistent contributions made early in life…
Dave Grossman carries a “Costanza wallet,” and he says he’s reaped rewards aplenty as a result. Source link
Cryptocurrency investments are becoming more popular today, especially with Bitcoin’s recent all-time high and the U.S. government’s pro-crypto stance. If you are considering diversifying your portfolio, investing in cryptocurrencies might be worth considering. However, like any asset class, crypto investment decisions are better informed when they are reinforced by relevant data and an understanding of current market sentiment, especially since crypto can be more volatile than many asset classes. Two key indicators that can help you make more informed crypto investment decisions are on-chain metrics and blockchain-native data. These indicators provide you with real-time market information, which is largely unavailable…
Interest rates influence nearly every facet of our lives, from purchasing homes and cars to securing business loans. Because interest rates play a key role in portfolio performance, it’s important to educate clients on how fluctuations impact various asset classes and to provide strategies to mitigate these changes. Here’s what I’m telling my clients. Key Takeaways When interest rates rise, bond prices typically fall, impacting portfolio values.Rising rates can hurt growth stocks and sectors like real estate, while benefiting banks and financials.A mix of asset classes can cushion against interest rate-driven volatility.Tailoring investment approaches to short- or long-term goals is…