Author: Arabian Media staff
The share of trading volume in S&P 500-linked options contracts on the verge of expiration surged to a fresh record high in May, marking the latest milestone in the growth of one of Wall Street’s most popular options strategies, according to data from Cboe Global Markets. Source link
Stay informed with free updatesSimply sign up to the EU trade myFT Digest — delivered directly to your inbox.The EU has decided to restrict imports of Chinese medical devices in retaliation for Beijing’s alleged discrimination against foreign manufacturers in bids for public contracts.The vote by member states, which escalates trade tensions between two of the world’s biggest economies, will require public authorities to exclude Chinese bidders from contracts worth more than €5mn for the next five years.Brussels said in January that Chinese policies forced hospitals to choose domestic suppliers. It found 87 per cent of contracts contained “direct and indirect…
A reverse mortgage can allow you to tap into your home equity to save you from having to sell your home or move out of it. A living trust offers you more control than a will over what happens to your assets, including your home, after, or even before, you die. Sometimes it can make sense to combine the two so you have control over your home and assets as you age. Key Takeaways You can have a reverse mortgage on your home and have your home in a living trust.A living trust can give you greater control over what happens to your home…
Paying down debt is never easy, but it can be even more challenging during retirement while living off a fixed income. Retirees must carefully manage their finances to make their savings last as long as they need them to. Unfortunately, carrying debt into retirement can undermine that security, creating a financial burden at a time when options to increase your income are limited. The good news is that there are many options to help you pay off your debt faster and comfortably manage your existing balances heading into retirement. With proper planning, you can minimize the impact of debt during…
How to tell your children you plan to “die with zero.” Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Kayla, 25, woke up one morning $40,000 in debt from gambling on online solitaire — her entire after-tax salary for a year. Kayla is not her real name, but she could be anyone’s child, sister or friend: addiction experts say the rise in sports betting and online gaming in the US has led to a dramatic increase in Americans looking for help with problem gambling.Gambling has never been easier in the US — especially since a landmark 2018 US Supreme Court ruling…
American manufacturers were among the first U.S. businesses to show damage from President Trump’s trade wars. And they are still showing lots of stress even after the White House relaxed most tariffs. Source link
Stay informed with free updatesSimply sign up to the Aerospace & Defence myFT Digest — delivered directly to your inbox.The European Commission on Monday approved a deal between Britain’s BAE Systems, Italy’s Leonardo and the Japan Aircraft Industrial Enhancement Co to govern the production of a next-generation fighter jet.Brussels concluded that the deal did not raise competition concerns in the bloc.The joint venture, which will be based in the UK, will manage the design, development and delivery of the next-generation combat aircraft under the Global Combat Air Programme (GCAP). Unveiled in 2022, GCAP aims to have aircraft flying by 2035, and…
Billionaires play an outsized role in shaping the global economy, politics, and philanthropy. Forbes puts the number of billionaires in the world at 3,028 in 2025. The wealthiest among them is Elon Musk, CEO of Tesla and SpaceX. The individuals on this list belong to an even more exclusive club and wield still more power. Many are founders of technology giants, with much of their wealth still invested in the companies they started. These billionaires can, however, still borrow against that wealth to avoid selling stock, deferring (or eliminating for heirs) taxes on unrealized capital gains in the process. Multi-billionaires…
The term “financial planner” evokes images of wealthy families in elegant mansions, supported by the passive income of a professionally managed fortune. In fact, most clients of financial planning services are far from wealthy. A survey conducted by the Certified Financial Planner Board of Standards indicates that 53% of Americans have used financial planning services at some point. A financial planner doesn’t just help you navigate the stock market. They can guide you through an interconnected labyrinth of personal financial issues. Can you handle the job yourself? Perhaps, but whether that is a good idea might be another story. Key…