Author: Arabian Media staff

Investors should still watch rising bond yields, which could eat into appetites for high-growth tech stocks. Source link

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Graham Robinson, a top biotech and technology lawyer, is set to depart Skadden Arps for Kirkland & Ellis, as the jockeying for talent among Big Law firms continues to heat up despite a slowdown in dealmaking, according to people familiar with the matter.Robinson, a high-ranking Skadden partner advising listed biotechs and high-profile clients, including WeWork, had informed the firm of his plans to leave, the people said.Robinson, who will depart alongside senior Skadden partners Laura Knoll and Chadé Severin, would command a…

The Sunbelt is a classic retirement destination, and it’s easy to see why. Covering the bottom third of the country, this region offers year-round sunny skies and warm weather.  Texas is a particularly popular destination within the region, boasting no shortage of land, warm weather, good food, and ample entertainment opportunities. One standout is Rockwall, Texas, a lakeside suburb just east of Dallas with a population of around 56,000. This small but vibrant town offers retirees the best of both worlds—scenic lake views with easy city access. The catch? Rockwall is also one of the most expensive places to retire…

For a minute there, it looked like the “Sell America” trade was poised to make a comeback on Monday after Moody’s decided to strip the U.S. of its top-tier credit rating late Friday. Source link

Stay informed with free updatesSimply sign up to the Climate change myFT Digest — delivered directly to your inbox.Climate-related disasters are raising the risk of home repossessions in the US and could cause billions of dollars’ worth of annual mortgage-related credit losses over the next decade, according to a new report by a risk-modelling group.The report was released as the economic toll of the latest tornadoes that swept through Missouri and Kentucky, leaving at least 25 people dead and scores injured, was still being calculated.Uninsured damage from flooding, as well as the depreciation of home values and rising insurance premiums…

Looking to buy your first home but afraid you can’t afford it? If you’re willing to give up space in favor of affordability, a tiny house could be yours for just $10,000 on Amazon. But before you move in, you may need to give up some of your possessions. Tiny houses typically range from 200 to 400 square feet—with some as small as 60 square feet. Key Takeaways For some, tiny homes offer an affordable alternative to traditional homeownership.Amazon is selling tiny houses for just under $10,000 on its website.These may be small, but they include full amenities, including a…

Theo Trade’s Jeff Bierman: “You have to be very careful how you approach this market.” Source link

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Bond market mayhem over the past few months has been a boon for investment bankers. Traders are enjoying their highest levels of revenue in more than a decade. But the rise of bond vigilantes — investors who theoretically discipline fiscally profligate governments — is also helping the fustier world of retail banking.In theory, lenders’ profitability should be on the way down. Products such as mortgages are often tied to central bank rates, which are falling in the Eurozone and the UK. KBW…

Maybe you want the luxury of a swimming pool in your backyard, but you’re not thinking about selling your home just yet. Or maybe you want to make improvements to entice potential buyers. Whatever your reason for renovating your home, very few renovations will return 100% of their cost if you sell. You might not have a lot of choice when it comes to parting with those dollars if selling your home is your goal, however. A study commissioned by Zillow indicates that almost two-thirds of sellers tackled a minimum of two home improvement projects to get their homes ready…

“I do believe the U.S. was at risk of losing innovation” before Trump entered the White House, Wood said. Source link