Author: Arabian Media staff

Car loan rates have dropped recently, but that doesn’t necessarily mean you should run to the closest bank and refinance your car loan. Compared to pandemic-era lows, rates remain high. The potential upsides of refinancing vary by your original deal, loan type, and financial health.   Key Takeaways Auto loan rates typically move alongside the Federal Reserve’s interest rate policy. If the fed funds rate has decreased since you took out an auto loan, it could be a good time to refinance. You could also benefit from refinancing if you took out a car loan when interest rates were at their…

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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Airlines the world over love forming partnerships. United Airlines and rival US carrier JetBlue announced one last week that gives each something it has craved. History suggests investors — and passengers concerned about upgrades and lounge access — need to check the fine print to see how they benefit. United and JetBlue plan to sell each other’s flights on their websites through the deal, dubbed Blue Sky. JetBlue’s north-eastern customers get a bigger US network plus worldwide destinations, and the carrier will take…

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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UnitedHealth’s returning chief executive faces the spectre of shareholder fury on Monday after commanding a $60mn pay package in his abrupt return to the top of the company, with its stock trading at a five-year low. After he was named CEO on May 13, Stephen Hemsley was awarded $60mn of stock options that begin to pay out in three years. The pay “raises significant concerns” because it was awarded up front and lacks any performance criteria, according to Institutional Shareholder Services, which…

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