Author: Arabian Media staff

A shocking number of people are unprepared for retirement. Here’s what you should know. Source link

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Celebrities are no longer content to simply be a spokesperson for a brand. They want to own it, too. With social media allowing stars to connect directly with consumers, everyone in Hollywood seems to be hawking booze, snacks, make-up, shapewear or nappies.Hailey Bieber, fashion model, influencer and wife of the pop star Justin Bieber, is among the few that have managed to create a side hustle and secure a 10-figure exit from it. She has sold her beauty brand rhode — famed…

With consumers still facing uncertainty over tariffs and the overall economic environment, many are choosing to dine at home rather than eat out, according to supermarket giant Kroger Co. Source link

The UK’s financial services sector is one of the largest among developed nations in terms of the contribution it makes to national economic output.Recent data shows that it contributes more than £200bn annually to the UK economy, coughs up £80bn in tax, or £110bn if you include linked professional services, and runs healthy trade surpluses with other nations, though the value of this overall has decreased in recent years, in part because of Brexit. It plays a key role in driving economic growth and corporate success, as well as providing financial security for individuals. Investors can tap into this ecosystem…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Observers might be forgiven for thinking that financial markets don’t care much about geopolitical shocks. The world’s largest economy is threatening to put itself behind a tariff wall. War rages on in Europe. And since June 13 a fresh Middle East conflict has broken out. Yet, the S&P 500 remains near record highs. It has been resilient this week even as the US considered joining Israel’s war on Iran. Brent crude prices are up, but only to a tame $77 per barrel.…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Facilities outsourcer Mitie has just completed the first year of its shift from traditional facilities management to a “facilities transformation” model. This involves moving towards tech-driven services such as robotic cleaning, remote monitoring and drone-based security, which promise higher margins than purely manual and labour-intensive services.The pivot comes after a troubled few years for the company. Between 2017 and 2020, its shares tumbled by 80 per cent due to profit warnings, pandemic uncertainty and audit issues tied to a lossmaking healthcare business…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK’s burst of strong economic growth at the start of the year is beginning to fizzle out as the jobs market weakens, the trade shock bites and higher taxes dampen business optimism, analysts warned. If the slowdown continues, 2025 would mark the fourth year in a row in which the British economy fails to sustain its early momentum after an auspicious start to the year. While GDP growth was strong at 0.7 per cent in the first quarter, analysts polled by…

While the stock market is always going to come with uncertainty, certain tried-and-true principles can help investors boost their chances for long-term success. Building wealth in the stock market isn’t simply about finding “hot stocks” or timing market swings perfectly. Instead, successful long-term investors focus on time-tested strategies that help them weather market volatility while growing their portfolios over the years or decades. Some investors lock in profits by selling their appreciated investments while holding onto underperforming stocks they hope will rebound. But good stocks can climb further, and poor stocks risk zeroing out completely. Below, we provide 10 tips…

Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldThe US audit regulator created in the wake of the Enron scandal has been granted a reprieve after the Senate parliamentarian ruled that Republicans’ plan to shutter the agency as part of their giant tax and spending bill would violate Senate rules.Republicans had planned to scrap the Public Company Accounting Oversight Board and hand its powers to inspect and fine audit firms to the Securities and Exchange Commission, a measure they said would save money for taxpayers and the listed…

The Federal Reserve is widely considered to be one of the most important financial institutions in the world. Its monetary policy decisions can send waves through not only the U.S. markets, but also the rest of the world. In this article, we will look at the formation of the Federal Reserve and follow its history as it riled the market before sending it to new highs. Key Takeaways Despite early attempts in the U.S. after the revolutionary war to form a central bank by Alexander Hamilton, these efforts failed due to political unfeasibility.After the panic of 1907, and at the…