finance

Rolling coverage of the latest economic and financial news Oil prices tumble amid hopes strait of Hormuz will soon reopen The US-Iran agreement is well-timed for the Bank of England, which is due to set UK interest rates on Thursday. If the strait of Hormuz does reopen, and oil flows return towards pre-war levels, there will be less inflationary pressure – and thus less need for interest rate ris…

Ask a freelancer about cash-flow problems and they'll tell you about late-paying clients. Real problem. But there's a quieter, more expensive one almost nobody tracks: the work you finished and never invoiced. The extra revision you did on Friday. The "quick favor" that took two hours. The milestone you completed but forgot to bill because you were already deep in the next project. None of it is …

I built a free paycheck calculator because the existing ones annoyed me. Half of them are buried under ad units, and the other half want your email before they will show you a single number. All I wanted was "I make X in this state, what actually lands in my bank account." So I built my own, and then I made the mistake of trying to support all 50 states. Here is what that actually involved. The l…

I've been spending some time experimenting with different UI patterns lately, and instead of building another generic landing page, I decided to focus on something a bit more niche: financial knowledge and resource platforms. The idea was simple. Take the same collection of finance-related content and explore how it could be presented using completely different interface styles. Along the way, I …

K.B Surya Anumanthprabu ABSTRACT The concept of merger and acquisition is very much popular in the current scenario, so it is significantly popular concept after 1990s where India entered in the liberalization, privatization and globalization (LPG) era. The winds of LPG are blowing over all the sectors of the Indian economy but it’s become hyper-competitive and to face international and multinati…

India’s high-net-worth individuals (HNWIs) and family offices are increasingly looking beyond domestic markets to diversify their investment portfolios. Wealth advisors report growing interest in global equities, private markets, alternative investments, and international assets as investors seek broader opportunities and improved Read More ... The post Affluent Indian Investors Increase Global E…

Indian financial market institutions CDSL and NSE Clearing have been recognized at the prestigious Global Finance Innovators Awards, highlighting India’s growing leadership in financial innovation and market infrastructure. The awards celebrate organizations that have demonstrated excellence in leveraging technology, innovation, Read More ... The post CDSL and NSE Clearing Among Indian Winners at…

Catapulted by the market debut of his rocket company SpaceX, Elon Musk is now the world's first trillionaire

He’s now the world’s first trillionaire, after his rocket and AI company broke IPO records on its way to a $2.1tn valuation Elon Musk is now the world’s first trillionaire. SpaceX’s historic debut on the stock market on Friday launched the CEO to unprecedented levels of wealth; his personal fortune now amounts to $1.1tn, an increase of more than $62bn since the previous day, according to Forbes .…

Elon Musk has become the world’s first trillionaire thanks to his company SpaceX, which now has the biggest IPO of all time. Public trading in the company has put it's valuation at over $2tn. The eye-watering sums of money pouring into AI are also boosting other tech titans, including OpenAI and Anthropic. Both companies are expected to go public this year with nearly trillion-dollar valuations. …

Americans’ financial futures are about to be tied to the fortunes of Elon Musk with the world’s largest ever stock market debut. How do you feel about this? Elon Musk’s SpaceX made the world’s largest ever stock market debut on Friday at a valuation of $1.77tn. It was also set to turn Musk into the world’s first-ever trillionaire. OpenAI and Anthropic have also filed to go public sometime this ye…

The economic principles taught in school aren’t as relevant as hype, connections and total, arbitrary control Elon Musk is now the world’s first trillionaire, after his SpaceX exploration and satellite company went public on the Nasdaq today. With shares priced at $135 each, Musk’s aerospace and satellite maker soared to an overall market valuation of approximately $1.77tn – which raised Musk’s n…

The initial public offering from the rocket and AI company raised some $75 billion, making the company one of the biggest in the world — and likely making Elon Musk a trillionaire.

Applications are now open for two prestigious fully funded PhD studentships in Financial Technology (FinTech) at the University of Edinburgh Business School. Co-designed and supported by Lloyds Banking Group, these doctoral opportunities provide aspiring researchers with the chance to undertake cutting-edge research that combines academic excellence with real-world industry impact. The studentshi…

The company has set aside an unusually high number of shares for retail investors. Still, experts say, you’re just getting the crumbs.

Gambling business, which also owns Betfair, to focus on New York in latest high-profile blow to UK stock market Business live – latest updates The gambling group that owns Paddy Power and Betfair is to scrap its listing on the London Stock Exchange, in yet another blow for the UK’s shrinking stock market. Flutter Entertainment , the world’s largest online betting company, told investors that it w…

Rolling coverage of SpaceX’s record-breaking initial public offering Today may go down in history as the day Elon Musk could become the world’s first trillionaire, and the day SpaceX blasted off into the public markets, says Ipek Ozkardeskaya, senior analyst at Swissquote: The company already made history yesterday by selling 555.6 million shares priced at $135 each, raising the $75 billion that …

U.S. stocks rallied to their best day in two months, and oil prices fell after President Trump called off his threat to bomb Iran that evening.

Event-driven markets are becoming core to how sophisticated investors express macro views.

Allison Kirkby pocketed the payment after BT’s share price surged nearly 80% The chief executive of BT saw her pay and bonus package more than double last year to £5.6m, the biggest pay award to a boss of the telecoms company in more than a decade. Allison Kirkby, who stepped up from the board to take the helm in February 2024 , received a pay, bonus and share award package of £5.58m for the year…