Carlina Green has two credit cards, but she’s not touching either of them this holiday season. As she makes purchases in stores and online. she relies on her debit card instead. “I like to spend within my means,” says Green, 24, who provides legal advice to low-income clients at a nonprofit law firm in San …
Holiday shoppers are turning to debit cards this year over credit card points Read More »
Amid equity and bond market volatility this year, hedge funds have largely served as a buffer for investors, and some private wealth managers expect these alternative investment vehicles to continue to deliver results over the the year to come. Although aggregate hedge fund returns fell 9.3% this year in the third quarter, large-cap US stocks …
Future Returns: Turning to Hedge Funds in Today’s Market Uncertainty Read More »
Vivian Tu, the 28-year-old TikToker behind Your Rich BFF, knows how to explain private equity to her 2.2 million followers through a lens they can relate to: Kim Kardashian. “Kim K’s foray into private equity is going to make her a multi-billionaire while using other people’s money,” Tu kicks off the video in her typical …
The author is an FT contributing editor and writes the Chartbook newsletter In a now notorious TV commercial for the Crypto.com trading platform, Hollywood star Matt Damon intoned the following lines: “History is filled with almost. With those who almost ventured, who almost succeeded, but in the end, for them it turned out to be …
Regulators can’t keep turning a blind eye to the crypto craze Read More »
Shares of Chinese property companies rose sharply on Monday as a 16-point plan to support the debt-ridden sector was seen as a crucial pivot by Beijing that could trigger a recovery. The Hang Seng Mainland Properties Index was up 16.3% in Monday morning session. Hong Kong-listed Country Garden, one of China’s biggest developers, gained more …
Chinese real estate stocks soar on hopes of a turning point for the sector Read More »
Big tech is bleeding thousands of jobs – but here’s why the economy will ‘very easily absorb’ layoffs and mark a ‘turning point’ in the sector Meta is laying off 13% of its staff, joining other tech giants that have cut staff or suspended hiring amid weak growth this year. But while news of massive …
