Investing

Most Americans probably consider inflation in the short term when they go to the grocery store to buy food or fill up their vehicle with fuel. Not only does inflation affect the prices of consumer goods in the short-term, but inflation must also be considered when planning for costs in the future. On an individual

Rolls-Royce is to give £2,000 as a one-off payment to 14,000 of its UK workers in the latest sign of employers reacting to the cost of living crisis. The UK aero-engine group told staff on Monday that it would give the cash lump sum to 11,000 shop-floor workers as well as 3,000 junior managers. The

European equity markets rose on Monday following the sharpest weekly decline for global stocks since the pandemic-driven ructions of March 2020. The regional Stoxx 600 share index closed almost 1 per cent higher and London’s FTSE 100 gained 1.5 per cent, helped by shares in energy producers rising after declines driven by economic growth worries.

Islamic finance refers to how businesses and individuals raise capital in accordance with Sharia, or Islamic law. It also refers to the types of investments that are permissible under this form of law. Islamic finance can be seen as a unique form of socially responsible investment. This subbranch of finance is a burgeoning field. In

The European Commission president has warned EU member states not to backtrack on their long-term drive to cut fossil fuel use, as Germany, Austria and the Netherlands said they would fire up coal plants after Russia moved to limit gas supplies. Ursula von der Leyen said governments need to stay focused on “massive investment in

“Ungovernable!” read Le Parisien’s front page on the state of France the morning after the country held its second and final round of legislative elections. The popular daily newspaper captured the mood after President Emmanuel Macron lost his majority in the National Assembly and found himself facing leftwing and far-right parliamentary blocs determined to scupper

Members of the U.S. military are eligible for a variety of government programs to pay for college—during school, while they are serving, and after they complete their service. Here’s a rundown of the programs that are available, starting with current college students. Key Takeaways The U.S. military has a number of programs to help pay for

Primark is to make its first push into online shopping with a “click and collect” trial for children’s clothes that could be the start of a broader move away from its store-only retail business. The development is a significant shift for the discount clothing retailer, which has held back from moving sales online, even though

Talks on averting a nationwide rail stoppage are due to take place on Monday, with both sides steeling themselves for the sector’s biggest strike in a generation. In an indication of the UK government’s low expectations over the rail negotiations and the prospect of other industrial action over the summer, Kwasi Kwarteng, business secretary, plans

Who Is Christine Lagarde? Christine Lagarde is a French lawyer and politician currently serving as president of the European Central Bank (ECB). She was the first woman to hold the post of finance minister of a G-7 country and is the first female head in the history of the IMF. Forbes named her the second

A train stands at North Acton station in London. The Underground faces another staff walkout © John Sibley/Reuters What started with misery at the pumps due to rising fuel prices, then air travel disruption due to staff shortages will this week spread to trouble on the trains — in the country that gave you this

Gustavo Petro, a former urban guerrilla who once spent time in jail for his political beliefs, won Colombia’s presidential election on Sunday and is expected to usher in the most leftwing government in the country’s history. Petro earned 50.5 per cent of the vote to 47.3 per cent for his only rival, 77-year-old populist businessman

Yuan vs. Renminbi: An Overview Chinese currency is a hot topic these days for many reasons. Not only does it define the state of one of the world’s biggest economic superpowers, but it is also central to one of the most debated issues involving China today—its perceived mercantilist policy of artificial undervaluation of its currency

In this article NTAP ORCL IHS BAC AAPL Apple CEO Tim Cook speaks during Apple’s annual Worldwide Developers Conference in San Jose, California, June 6, 2022. Peter Dasilva | Reuters It’s just about the middle of the year, and there’s no end in sight for stock market volatility. Investors, already reeling from sharp declines in

Recession risks are growing and it would take ‘a couple of years’ for inflation to return to the US Federal Reserve’s target of 2 per cent, Loretta Mester, president of the Cleveland Fed, said on Sunday. “I’m not predicting a recession,” she said. “The recession risks are going up, partly because monetary policy could have pivoted

The EU will propose new rules this week that would allow it to impose trade sanctions against countries that breached conditions on labour rights and climate change in bilateral deals with the bloc. Valdis Dombrovskis, EU trade commissioner, said in an interview he wanted to put “sustainability at the heart of trade policy” by improving

As marketing continues to evolve in the 21st century, one of the most successful concepts has been holistic marketing, a strategy to move marketing beyond the marketing department to an enterprise-wide role in strategy for all business functions. Rather than working in silos on isolated advertising projects like traditional marketing departments, holistic marketers identify opportunities,

A group of Apple retail employees has voted to unionise, marking the first union for the consumer tech giant in the US, as a burgeoning labour movement gathers momentum across the country. Employees at the store in Towson, a town in Maryland outside the city of Baltimore, voted to join the International Association of Machinists

Waiting on the US Supreme Court’s final decisions of the term has become a venerable summer pastime. But this year, the wait has been especially fraught. Eighteen decisions remain before the court officially ends its current term, traditionally by June or early July. They include some of the court’s most eagerly anticipated cases, including on

During volatile times, many investors get spooked and begin to question their long-term investment strategies. This is especially true for novice investors, who can often be tempted to pull out of the market altogether and wait on the sidelines until it seems safe to dive back in. The thing to realize is that market volatility

A top US Federal Reserve official expressed early support for another 0.75 percentage point interest rate rise at the central bank’s next meeting in July, in anticipation that inflation will not moderate sufficiently to slow the pace of monetary tightening. In a remarks delivered on Saturday, Christopher Waller, a Fed governor, affirmed the central bank’s

The head of Japan’s biggest discount store has vowed to defend its price tag of ¥100 ($0.75) per item despite an existential threat to the business from global inflation and the plunging yen. Seiji Yano, the president of Daiso Industries, said in his first-ever interview with media that the store was reviewing its product mix

Work/life balance—the ongoing process of striking a balance between one’s work or career and the other aspects or demands of life (including family, leisure, and personal responsibilities)—is an ongoing challenge of contemporary existence. Even before COVID-19 turned homes into makeshift offices, several mega-trends made it more difficult to achieve work/life balance. One factor is technological

The biggest rail strikes for a generation will be followed by further action lasting all year and beyond unless a deal is reached, the leader of the RMT union has warned after last-ditch talks to avoid industrial action in the coming days failed. A total of 40,000 RMT staff at Network Rail and 13 train

The writer is a founder of Wonderhood Studios and is a former chief executive of Channel 4 Legislation is easier to announce than implement and so it will prove with the government’s proposed privatisation of Channel 4. A remarkable amount of professional effort is currently being wasted in engineering a solution in search of a

When people discuss making an unethical investment, they are referring to the process of purchasing shares in a firm that engages in questionable operational or recruitment activities. The idea of turning away investments that aren’t ethical is founded on the longstanding principle of morality. It was upheld by the Quakers in 1758 when they withdrew

Over the past several days, people from Tanzania’s Maasai community have been targeted with live ammunition and tear gas, lawyers, activists and human rights groups say, as security forces try to evict them to make way for a luxury game reserve with alleged links to Emirati royals. At least 30 Maasai people have been injured

Bitcoin’s price has broken below the key threshold of $20,000 for the first time since November 2020, risking triggering a fresh wave of selling and deepening the crisis gripping the digital asset sector. The largest cryptocurrency, which acts as a benchmark for the broader crypto market, plunged to under $19,000 on Saturday morning, a fall

Roth 401(k) plans are typically matched at the same rate as traditional 401(k) plans. However, with a Roth 401(k), the matching contributions provided by an employer are placed in a traditional 401(k), while employee contributions are held in the Roth 401(k). Key Takeaways A Roth 401(k) is funded with post-tax dollars, while a 401(k) is

Klarna is trying to raise fresh cash at less than half its peak $46bn valuation, a dramatic drop that highlights the crisis of the “buy now, pay later” business model that helped make it Europe’s largest privately held company, according to people briefed about the matter. The Swedish fintech group has been forced to cut