Author: Arabian Media staff
The decision is the latest development in a battle over the Department of Government Efficiency’s access to sensitive personal information. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Elon Musk’s artificial intelligence company xAI was closing in on a $5bn debt financing package to fund new data centres and chips to power its business. Then on Thursday the world’s wealthiest man torpedoed his relationship with US President Donald Trump.Musk’s bankers at Morgan Stanley must now contend with this new complication as would-be investors try to assess the fallout from the dramatic unravelling of Musk’s ties to the president, according to people briefed on the matter. The debt could be more…
Warning signs are present for a potential “cyber 9/11” attack on everything from electric grids to financial and telecom networks. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The number of new homes given planning approval in England in the first three months of this year was the lowest figure for 13 years, according to new research which underlines the challenges facing Sir Keir Starmer’s government as it seeks to boost housebuilding. Only 39,170 new homes received approval in the first quarter of 2025 in England, a drop of 55 per cent on the previous three months and 32 per cent lower than the same period of last year, according to…
The recent jobs data showed that hiring in healthcare took a big jump in May, as the stock sector has stabilized a bit after years of underperformance. Source link
Take these steps to hit the ground running when you’re single again. Source link
Workers can “go wild” if they’re looking for a new job in this sector, one expert said. Source link
A Standard & Poor’s Depositary Receipt (SPDR) is a type of exchange traded fund that began trading on the American Stock Exchange (AMEX) in 1993 when State Street Global Advisors’ investment management group first issued shares of the SPDR 500 Trust (SPY). Sometimes called “spiders,” SPY is an ETF based on the S&P 500 Index, and each share represents an ownership interest in the 500 stocks in the S&P 500. Today, there are a number of other SPDR funds available to investors; while some track stocks based on market value, others are focused on specific market sectors. Key Takeaways SPDR…
It doesn’t have the same ring to it as Dow 10,000 — but a close back above 6,000 for the S&P 500 would do a lot to affirm bulls. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Gemini, the cryptocurrency exchange run by the Winklevoss twins, has filed to list in the US, aiming to capitalise on soaring investor demand for some of the digital asset industry’s biggest names.The company said on Friday it had filed confidential paperwork with the Securities and Exchange Commission for an initial public offering, a day after stablecoin operator Circle more than doubled on its debut in New York.A confidential filing with US regulators allows companies to progress their plans to list before publicly…