Investing

Getting married changes your financial life in profound ways. It’s not just that you’re living together or sharing expenses—you don’t need marriage to do that. It’s that your legal and tax statuses change. And while your credit score remains individual, your future choices could be changed by what your spouse brings into the financial picture.

Jonathan Slone will resign as Asia chair at Jefferies, the US investment bank, after less than three years in the role to pursue opportunities in private equity. Slone is among the most high-profile finance veterans in Hong Kong, having previously worked in leadership roles at CLSA, a brokerage in the territory, for three decades. Slone

A view from a petrol station shows gas prices over $4, in Arlington-Virginia, United States on October 30, 2021. Yasin Ozturk | Anadolu Agency | Getty Images Stagflation fears have plagued investors in recent months, as prices start to rise in an economy that hasn’t quite picked up pace yet. But investors can employ a

Wood Group has warned that its earnings and revenues for the year will be lower than previously expected, as the lingering effects of the pandemic have deferred more projects than anticipated into 2022. The Aberdeen-based engineering and consulting group said on Friday that full-year revenues would be about $6.4bn, down from the previously expected range

The internet has put a wealth of facts and figures at everyone’s fingertips—and in real time, too. While highly publicized data breaches have understandably prompted concerns, the widespread availability of data has also emerged as a source for good. Investors and research analysts have increasingly found inventive ways to capitalize on newly available information. This trend has

A surge in festive spending has boosted hopes that India will regain its title as the world’s fastest-growing large economy, even as analysts warn of deep challenges facing a country whose consumers and businesses are still bruised by the coronavirus pandemic. Sales over Diwali, the Hindu festival of lights that was celebrated last week, surged

Telecoms company Millicom said on Thursday it will buy out its venture partner in Guatemala and take full control of its operations in a $2.2bn deal, the largest ever single foreign investment in the Central American country. Millicom, which sells mobile and broadband services in Latin America and Africa, previously owned 55 per cent of

Since Meta (FB), formerly Facebook, launched its social network in 2004, its features have expanded significantly. The vision of its founder, Mark Zuckerberg, began as a way to take the social dynamics of a college campus and put them online. Key Takeaways Sending money through Facebook is simple: users simply need to enter a debit

Rafael Henrique | LightRocket | Getty Images A McKinsey partner was arrested Wednesday after being criminally charged with insider trading ahead of Goldman Sachs‘ recent $2.2 billion acquisition of fintech lender GreenSky. A complaint unsealed Wednesday in federal court alleged that Puneet Dikshit, 40, exploited information he gained about his client Goldman Sachs’ pending takeover

Alexander Lukashenko has threatened to cut the transit of gas and goods through Belarus to Europe if the EU imposes further sanctions on his regime over the migrant crisis on the Belarusian-Polish border. The Belarus president was responding to an announcement by Ursula von der Leyen, European Commission president, on Wednesday that the bloc would

When tussling with his record company in the 1990s, Prince famously wrote “slave” on his face and declared: “If you don’t own your masters, they own you”. As he sought to gain control of his work, he threatened to make a new copy of his “masters”, or original song recordings, among other tactics. It took

The “Paycheck Protection Program,” created as part of the CARES Act, began accepting applications for small businesses loans of up to $10 million at a 1% fixed interest rate on April 3, 2020. The third coronavirus stimulus bill allocated $349 billion for this purpose. The SBA stopped accepting PPP loan applications on May 31, 2021.

[The webcast is scheduled to begin at 4:45 p.m. ET. Please refresh the page if you do not see the player above.] Elon Musk’s SpaceX is planning to launch four astronauts to the International Space Station from Florida on Wednesday, as the company keeps up a steady pace of crewed missions. Known as Crew-3, the

ArcelorMittal has reported its highest quarterly profit since 2008 as the boom in steel prices helped the world’s largest producer shrug off weaker demand from carmakers. The Luxembourg-based group made profits of $6.1bn in the third quarter, 19.9 per cent higher than in the second quarter, its previous record since 2008, although slightly below analysts’

With the clock ticking to the end of the Glasgow COP26 climate summit, a key element remains unresolved: the rules for global carbon markets that experts believe are critical to cutting the emissions behind climate change. The so-called “Article 6” rules have been outstanding for years, a subject of fierce debate and a contributor to

If you are covered by Medicare and are wondering whether you really need a Medicare Supplement Insurance policy, also known as Medigap, you’re not alone. The Medicare website contains hundreds of pages of information, few of which are easy reading. It’s hard to get an answer to the big question: Why should anyone who has Medicare get

The SpaceX Crew-3 astronauts stand on the transporter in front of the Crew Dragon and Falcon 9 stack inside the SpaceX horizontal processing facility at Kennedy Space Center in Florida on Oct. 26, 2021. SpaceX Elon Musk’s space company is set to launch the Crew-3 mission for NASA on Wednesday evening, in the fifth SpaceX crewed

International aid agencies say they have only weeks to supply food and other life-saving assistance to remote provinces before the winter cuts them off for months as Afghanistan faces the world’s worst humanitarian crisis. The International Federation of Red Cross and Red Crescent Societies is trying to move food to mountainous provinces such as Badakhshan

Sitting in his ramshackle Tokyo office filled with the stench of cigarette smoke and the leftover decor of the Chinese restaurant it was before, Taisuke Ono is the unlikely face of a populist wave that has upended Japanese politics. The 47-year-old former Accenture consultant lost out in Tokyo’s gubernatorial race last year but has made

For victims waiting to receive class-action payments, a lawsuit settlement loan may seem like a quick and easy solution to their financial woes. A lawsuit settlement loan provides cash in advance for pending settlement award or lawsuit judgment. The borrower can pay back the loan once the funds from the settlement are disbursed. Interest will accrue while

US consumer prices jumped in October at the fastest pace in three decades as inflationary pressures spread further throughout the economy, putting the Biden administration on the defensive and increasing prospects that the Federal Reserve will have to respond by raising interest rates next year. The consumer price index published by the Bureau of Labor

In this article FOUR Inspiration4 mission commander Jared Isaacman, founder and chief executive officer of Shift4 Payments, stands for a portrait in front of the recovered first stage of a Falcon 9 rocket at Space Exploration Technologies Corp. Patrick T. Fallon | AFP | Getty Images Shares of payments processing company Shift4 surged in trading

Twitter is launching a dedicated crypto team, marking the latest push by chief executive Jack Dorsey to embrace digital assets and decentralised apps and the ballooning communities around them. The social network has hired Tess Rinearson to lead the new Twitter Crypto team and “set the strategy for the future of crypto at (and on)

When your vehicle is totaled in an accident, your insurance company pays you for the value of the totaled car—or, more accurately, it pays you what it claims the value to be. Nearly everyone who has been through this process can attest that the most frustrating part is accepting the auto insurance company’s assessment of

A prototype vehicle launches out of the company’s suborbital accelerator during its first test flight on October 22, 2021 at Spaceport America in New Mexico. SpinLaunch SpinLaunch, a start-up that is building an alternative method of launching spacecraft to orbit, conducted last month a successful first test flight of a prototype in New Mexico. The

The electric vehicle maker Rivian has priced its initial public offering at $78 a share, significantly above expectations, setting the stage for one of the largest US stock market debuts of the past decade. The company said it had sold 153m shares in the offering, more than the 135m it had expected. Before deductions, the

Factory gate prices in China rose at their fastest pace in 26 years in October, as crippling power shortages and record commodity prices hit the world’s second-biggest economy. China’s official producer price index increased 13.5 per cent compared with October 2020, according to figures released by the National Bureau of Statistics on Wednesday, its biggest

There are pros and cons to the use of convertible bonds as a means of financing by corporations. One of several advantages of this method of equity financing is a delayed dilution of common stock and earnings per share (EPS). Another is that the company can offer the bond at a lower coupon rate – less

NASA Administrator Bill Nelson speaks at a press briefing at the Kennedy Space Center in advance of the launch of the Boeing Starliner Orbital Flight Test 2. Paul Hennessy | LightRocket | Getty Images NASA on Tuesday delayed its plans to return astronauts to the surface of the moon, announcing the agency is targeting 2025

Delivery app DoorDash has reached a deal to acquire Finnish delivery operator Wolt in an all-stock deal worth €7bn. Helsinki-based Wolt, which has more than 4,000 employees, operates in 23 European markets, including Germany, where DoorDash has been eager to gain a foothold in the highly competitive market for food and grocery delivery. The app