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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK government has launched a Regulatory Innovation Office aimed at helping speed up approvals for new technologies in fields such as biotechnology and autonomous vehicles.Science secretary Peter Kyle said the new body in the Department for Science, Innovation and Technology would take innovation in areas including space, self-driving cars and lab-grown meats “by the scruff of its neck” and drive them through the regulatory process. “I’m sure there will be a bit of kicking and screaming, but if we get this right,…
Elon Musk and Tucker Carlson laugh about possible consequences for Musk if Trump loses election CNN’s Erin Burnett and a panel weigh in on Elon Musk and Tucker Carlson talking about the consequences for Musk if former President Donald Trump loses the 2024 election to Vice President Kamala Harris. Read the full article here
By Kerri Fivecoat-Campbell, Next Avenue A friend with whom I had previously worked with instant-messaged me on Facebook a couple of years ago and asked, “Hey, have you applied for your pension?” We had worked together 35 years ago in the credit department of a major bank. I replied, “Pension? We get a pension?” She told me another friend with whom we worked had told her about it. She learned if we wanted to settle our pensions and take a lump sum, we could do so any time. If we wanted a monthly payment for life, we’d have to wait…
Investors are at a heightened risk of cryptocurrency scams tied to fake relationships established over social media, dating apps and networking sites, federal officials warn.Such frauds occur when scammers use dating apps, social media platforms, professional networking sites or encrypted messaging apps to pose as a romantic interest, old friend, investment professional or other acquaintance.Fraudsters gain the trust of targets over time. At some point, they broach the idea of investing in crypto — and then defraud victims via fake investments.More from Personal Finance:How to avoid the top scam of 2023FBI: ‘Financial sextortion’ of teens is ‘rapidly escalating threat’How this…
A couple of analyst downgrades are making the rounds Monday on megacap stocks that rarely see ratings cuts: Apple and Amazon. They highlight both a problem and an opportunity for regular investors. At Jefferies, analysts downgraded Apple to a hold but increased the price target to $213 apiece from $205. Meanwhile, analysts at Wells Fargo downgraded Amazon to equal weight (hold) and cut their price target to $183 from $225. The issue with both calls is that they’re aimed at short-term traders and hedge funds, not longer-term investors. Neither report calls into question the underlying fundamentals of these businesses or…
CBS News executives said Monday that a heated morning show interview with acclaimed author Ta-Nehisi Coates, during which his new book was compared to “extremist” writings, did not meet the network’s editorial standards. CBS executives told staffers during a daily editorial meeting that the contentious “CBS Mornings” interview last week with Coates, led by co-anchor Tony Dokoupil, had been addressed with Dokoupil. The assessment pacified some employees who had objected to Dokoupil’s tone during the segment with Coates. But it offended other employees who thought Dokoupil’s interview was appropriately tough. “We have an obligation as journalists to challenge controversial guests, and that’s what Tony did,”…
This article was written byFollowI’m an ex-Project Manager for the luxury real estate auction company, Concierge Auctions, that has been studying stock investing since I was 14 years old. After leaving the company, I began focusing on my efforts on analyzing various investments and writing about them. My primary investing strategy revolves around buying income investments and using the income to buy undervalued stocks with long-term growth opportunities. If you follow me, you can expect to see analysis on high-yield income ETFs and growth stocks with a primary focus on sports, real estate, and technology sectors.Analyst’s Disclosure: I/we have no…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Sir Keir Starmer has conducted a massive shake-up of his misfiring Number 10 team, with Sue Gray, his controversial chief of staff, forced to quit her post after only three months in Downing Street.Gray’s departure, following weeks of internal criticism of her performance and a power struggle behind the scenes, came as Starmer attempted to restore order to his administration in the week he marks 100 days in office.Gray, a former civil servant who led a review into Covid parties during Boris…
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Have you heard of Naval Ravikant? He’s a famed early-stage investor who’s become one of the most rabidly quoted for modern-day wisdom. I caught a video clip of his recently that, while only 52 seconds long, contains weeks’ worth of wisdom on the notion of true wealth. By the way, true wealth is distinguished from the blander version of wealth we’ve settled for in the 21st century. It harkens back to the original meaning of the word, which was less about loud accumulation and more about quiet contentment. True wealth isn’t a number, but a state of being. True wealth…