Wealth

FluxFactory | E+ | Getty Images The Russian invasion of Ukraine has rattled global stock markets. It’s also sparked anxiety around personal finances, which have, for many around the world, already been strained by rising costs in the wake of the coronavirus pandemic. Globally, young people were among the groups that have felt the economic

Travel restrictions are quickly disappearing in Europe, with new announcements coming by the week — and, more recently, by the day. Changes to eliminate Covid-related travel rules gained momentum in January, as a wave of omicron-related infections engulfed the continent.   But parts of Europe didn’t wait to act. Citing high vaccination rates and the

Elon Musk’s brother Kimbal Musk applauds to him at a briefing after the launch of a SpaceX Falcon 9 rocket and Crew Dragon spacecraft on NASA’s SpaceX Demo-2 mission to the International Space Station from NASA’s Kennedy Space Center in Cape Canaveral, Florida, U.S. May 30, 2020. Jonathan Ernst | Reuters Coincidence or stock tip?

Sopa Images | Lightrocket | Getty Images The lowest-income Americans are facing a financial conundrum: Inflation is eating into a substantial part of their household budgets, while savings built up during the Covid pandemic are starting to dwindle. Meanwhile, federal supports like monthly payments of the child tax credit and a pause on student loan

Klaus Vedfelt | DigitalVision | Getty Images Students who start college in the U.K. next year could still be repaying student loans into their sixties, under new plans announced by the British government on Thursday. The U.K. government announced a number of reforms into university financing on Thursday, which included extending the student loan repayment

Under new proposals, the U.K. government could deny students college loans if they fail high school exams. Getty Images U.K. high school students who fail math and English exams could be barred from taking out college loans under proposals expected to be announced by the British government on Thursday. The U.K. government is expected to

If you and your partner don’t agree on what’s worth splurging on, and what isn’t, it can cause conflict within your relationship. Especially if you both are working toward a shared financial goal, like saving up to buy a home or for a wedding. You can avoid some of this conflict by implementing a simple

The videos light up social media and dominate news headlines. From verbal confrontations to all-out brawls, scenes of airplane passengers behaving badly have become increasingly familiar in Covid-era travel. While “air rage” may seem to be another inevitability of living through a pandemic, some parts of the world are seeing fewer frustrations unleashed in the

Years before co-founding Salesforce, CEO Marc Benioff started his career like a lot of people do – as an intern.  Benioff’s first step on the corporate ladder was far from typical. His Apple internship placed him in close proximity to tech icon and company co-founder Steve Jobs. And the future CEO’s “first boss” was Guy

In this article EL-FR WRBY A worker dusts a display of Ray-Ban sunglasses, manufactured by EssilorLuxottica, in a store in Barcelona, Spain, on June 30, 2021. Bloomberg | Getty Images Eyewear company Warby Parker is at an inflection point in its 12-year history.  The firm has been credited with being a leader in direct-to-consumer, a

In this article KER-FR Shoppers wait in line to enter a Gucci store on Fifth Avenue in New York, U.S., on Saturday, May 22, 2021. Victor J. Blue | Bloomberg | Getty Images LONDON — The chief executive of French luxury group Kering expects fashion label Gucci to continue to deliver growth for the company

French luxury goods brand Hermes said Friday it has “no strategy” to significantly increase prices or expand production of its prized products despite disappointing fourth quarter results which saw supply fail to meet demand. Speaking to CNBC, CEO Axel Dumas said the company’s hand-crafted production model means it is less exposed to inflationary pressures, such

In this article TMO Millions of people are now vaccinated, boosted and newly recovered from Covid-19 infections caused by the omicron variant. They have what some outside the medical community have labeled “super immunity.” And many are ready to see the world again. Though the term carries an air of invincibility, medical experts disagree about

Prasit photo | Moment | Getty Images The U.S. wealth management industry is poised to grow by about 5% annually over the next five years, while certain segments of the investor population are positioned to see the biggest boost, according to a new report from McKinsey & Company. Three investor sub-groups, in particular, are showing

Escalating vaccine mandate protests near the Canada-U.S. border — known as the “Freedom Convoy” — have sent Canada into a state of emergency. They’re also affecting the price of a variety of goods for Americans. What started in January as a protest against new vaccine requirements for truckers crossing the border into Canada from the

More wineries in France are opening to visitors, said a French wine tourism expert.   Of France’s 87,000 wineries, only 13% were open to the public five years ago, said Martin Lhuillier, head of wine tourism at Atout France, the country’s tourism development agency. Now, many more have opened their cellar doors for tours and

Odds are high that you know at least one millionaire. More than 1% of the world’s adults have enough assets to fit the definition, according to the Credit Suisse 2021 Global Wealth Report. Chris Hogan, radio host and author of the book “Everyday Millionaires,” surveyed more than 10,000 of those wealthy individuals to figure out

In this article TSLA SpaceX founder and Tesla CEO Elon Musk holds a helmet as he visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. Michele Tantussi | Reuters Elon Musk unleashed a torrent of stock sales, options exercises, tax payment sales and gifted shares last year totaling nearly

Florist Betty Sejas arranges red roses at Company Flowers in Arlington, Virginia, on Feb. 8, 2022. Saul Loeb | AFP | Getty Images Not even Cupid is immune from inflation’s sting this Valentine’s Day. As consumer prices climb to historic highs, nearly all of the trappings of Feb. 14 cost more in 2022. The average price

Valentine’s Day is almost here, and marriage is all the rage. According to the Wedding Report, there will be some 2.5 million weddings this year — the most since 1984. As an economist, I’m all for it: Marriage beats partnering long-term. I’m no expert on how to meet the love of your life; my goal