UAE set to welcome even more millionaires as wealthy individuals abandon the UK
The United Arab Emirates is on track to be the world's top wealth magnet for the third year running, according to the Henley Private Wealth Migration Report.
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Johnnie Walker-maker Diageo plunges 10% on full-year sales decline, but Guinness a bright spot
Shares of spirits giant Diageo tumbled more than 10% on Tuesday morning, after the Johnnie Walker-maker posted its first sales decline since the start of the pandemic.
Stock futures slip in overnight trading ahead of key corporate earnings: Live updates
Stock futures slipped in overnight trading Monday as investors awaited key corporate earnings and the beginning of the Federal Reserve's policy meeting.
Fed’s key inflation gauge rose 2.5% in June from a year ago, easing path to rate cut
An important gauge for the Federal Reserve showed inflation eased slightly from a year ago in June, helping to open the way for a widely anticipated September interest rate cut.
Why an indicator that has foretold almost every recession doesn't seem to be working anymore
Wall Street's favorite recession signal started flashing red in 2022 and hasn't stopped — and thus far has been wrong every step of the way.
$1 million hypothetical portfolios: How kids from wealthy families at an elite Swiss school learn about money
With a sticker price of more than $160,000 a year, Institut auf dem Rosenberg in St. Gallen, Switzerland, may be one of the most expensive boarding schools in the world. So, it's only fitting that students learn about money.
Yen gets reprieve as investors see closing gap in Japan, U.S. rates
TOKYO -- Downward pressure on the yen is easing as more investors reverse their bets against the currency, expecting the gap between Japanese and U.S. interest rates to start narrowing later this year.
Germany's struggling construction sector is showing no signs of a recovery
The German construction sector is showing no signs of recovering, even after being in a crisis for months and despite pledges of support and investment from the government.