Author: Arabian Media staff
The favored U.S. inflation tracker of the Federal Reserve is expected to show little or no increase for the second month in a row, but the effort to get the cost of living under control might be far from over. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.There is no doubting the phenomenal impact that venture capital has had on the US — and global — economy over the past few decades. A tiny number of VC investors have helped create some of the most dynamic companies in history and generated astonishing returns. But past performance is no guide to future results, as they say, and the world is changing fast. Is the VC industry — like Elon Musk’s latest rocket launches — about to flame out in a…
In CEO Jensen Huang’s brave new world, AI is part of people’s daily activities and Nvidia plays a key role. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is a senior fellow at the Atlantic Council and advises the technology company Disruptive Industries.European countries are ratcheting up their defence spending at extraordinary speed; they have no choice. As Washington hints that America may stop delivering weapons to its allies, European governments are taking pains to manufacture as many as they can on the continent. But to manufacture arms and all manner of other crucial goods, one needs a steel industry. If cheap steel keeps flooding Europe and displacing…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Fashion is experiencing a ’90s revival. Baggy jeans, oversized logos and grungy flannel shirts are trendy once again. So too are two of that decade’s most iconic brands.Over the past two years, Abercrombie & Fitch has emerged as one of US retail’s biggest comeback stories. The company — once infamous for its shirtless models and heavily perfumed, darkly lit stores — has overhauled its image, taking a more inclusive approach to appeal to a broader range of shoppers.Sales have soared. Between the…
Funding a college education today is no easy feat. Adjusted for inflation, the average annual cost of tuition at a public four-year college is 40 times higher than it was in 1963. From 2010 to 2023 alone, tuition at public four-year colleges rose by 36.7%, reflecting a steep and persistent increase. To manage rising costs, there has been a surge in student loans. Pew Research Center indicated that 1 in 4 U.S. adults under the age of 40 hold some amount of student loan debt. However, there are ways to fund your education other than student loans. This guide will…
A federal court has blocked a swath of U.S. President Donald Trump’s tariffs, but the ruling from the Court of International Trade doesn’t affect the import taxes that he’s slapped on particular sectors — and that he’s expected to impose on other industries. Source link
Stay informed with free updatesSimply sign up to the Pensions industry myFT Digest — delivered directly to your inbox.Pension experts have welcomed government plans to ease companies’ access to surplus savings trapped in defined benefit schemes, a move ministers hope will release billions of pounds for investment in corporate Britain. On Thursday, the government said it was considering lowering the threshold at which DB scheme trustees can share assets in excess of pensions owed from the price an insurer would pay to take over the fund to a less stringent measure. The Department for Work and Pensions said it would consult…
There are many reasons to purchase a larger home. Maybe your family is growing, you want more space for a home office, or you want more outdoor space for entertaining. Larger homes are not always cost-effective for buyers, but you should be financially prepared if you plan to purchase one. Those who don’t mind a smaller home but want extensive amenities, such as a pool, eco-friendly outdoor space, and a high-end kitchen, may end up paying about as much as a larger home. The popularity of the McMansion may have waned in the last decade, but there is always a…
Stay informed with free updatesSimply sign up to the European companies myFT Digest — delivered directly to your inbox.Ryanair boss Michael O’Leary has qualified for share options worth more than €100mn after the airline’s shares hit a key performance target, paving the way for one of the biggest payouts in European corporate history. Shares in the low-cost carrier closed at €23.74 on Thursday, meaning they have closed above €21 for a 28th consecutive day, meeting one of two conditions attached to O’Leary’s bumper pay deal. The 64-year-old will have to stay at Ryanair until the end of July 2028 to collect…