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‘I’m experiencing issues with arthritis’: I’m 68 with $3 million saved. Why am I not ready for a life of leisure?
“I can draw $4,300 a month in Social Security if I retire this summer.”
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BusinessSudan Gold Exports to UAE Slump After Diplomatic Ties Severed
Sudanese gold exports to the United Arab Emirates plunged last year, after the military-backed government ended relations with the Gulf state.
BusinessGoldman Paris Is Warned of Iran Group Bomb Threat: Parisien
The headquarters of Goldman Sachs Group Inc. in Paris were placed under police surveillance Wednesday night following bomb threats believed to be from an Iranian group, Le Parisien newspaper reported.
BusinessSoaring Jet Fuel Prices Disrupt Global Aviation
The effective closure of the Strait of Hormuz by Iran has stranded a significant proportion of global jet fuel shipments and led refineries in Asia to cut production. Bloomberg's Danny Lee reports on how this impacts…
- Business
Gold is again falling sharply, with the stock market. Why it’s not behaving the way it used to during a crisis.
Gold’s switch from being a safe-haven asset to reflecting the broader market’s mood was reinforced on Thursday, as the metal’s price dropped sharply.
BusinessWhy the Savannah Bananas are Worth $500 Million
Jesse Cole is the Walt Disney of baseball. As the founder and CEO of the Savannah Bananas and its parent company Fans First Entertainment, Jesse rewrote the rules of baseball to build an entertainment juggernaut. There…
- Business
Actress Aubrey Plaza finds a buyer for her $5.8 million Spanish-style L.A. compound where her husband died
Actress Aubrey Plaza has secured a buyer for her California home—nearly three months after she put it back on the market for the reduced price of $5.75 million.
BusinessECB Encourages Banks to Test Lending Offers as Reserves Shrink
Banks should prepare to tap regular loan offers by the European Central Bank as quantitative tightening proceeds and liquidity sloshing around the financial system shrinks, according to a blog post published Thursday.
BusinessECB’s Panetta Says Even If Iran War Ends Damage Has Been Done
Damage caused by the US’s war against Iran will continue to have a negative impact on the global economy even if hostilities end soon, according to European Central Bank Governing Council member Fabio Panetta.
BusinessHedge Funds Walloped by a Month of Turmoil Sparked by Iran War
Some of the world’s biggest hedge funds known for delivering steady returns lost money in March as the war in the Middle East roiled markets across energy, bonds and equities and forced traders to unwind crowded…
BusinessVolvo Says Iran War Hit US Demand, Signaling Wider Auto Pain
Volvo Car AB said the war in Iran hurt US demand in the first quarter, offering one of the clearest signs yet that the conflict is starting to dent sales as higher fuel prices curb spending.
BusinessECB’s Cipollone Sees ‘Good Momentum’ for Digital Euro Project
European Central Bank Executive Board member Piero Cipollone sees “good momentum” for a digital euro, with a possible launch in July 2029.
