A ‘frugal’ millionaire shares the 5 money rules he teaches his kids: ‘My mom clipped coupons every week’
Self-made millionaire Jonathan Sanchez grew up up with a frugal mindset, and his mom would collect coupons every weekend. As a parent, he shares the most important money lessons he’s teaching his kids today.
Bank of England official favors more rate hikes, but sees potential for cuts
Bank of England Deputy Governor Dave Ramsden backed more interest rate hikes on Thursday, but said he would consider cutting rates if necessary.
A December rally may arrive, but the first half of 2023 could be rough for stocks
Stock strategists say there’s a good chance for a December rally, but the market may not be as generous to investors in the first part of next year.
Turkey cuts rates by 150 basis points and ends easing cycle
Turkey’s central bank on Thursday cut interest rates by 150 basis points to 9% and decided to end its cycle of monetary policy easing, citing increased inflation risks.
Nintendo sets sales record with new Pokémon games on the Switch console
Nintendo said sales of Pokémon Scarlet and Pokémon Violet for the Nintendo Switch surpassed 10 million units in the first three days since launch on Nov. 18.
Grab, Gojek are ‘supportive’ of Singapore’s move to expand job protection for gig workers
Platform companies Grab and Gojek said that they are ‘supportive’ of workers on their platforms receiving better job protections from 2024.
Klarna CEO says firm was ‘lucky’ to cut jobs when it did, targets profitability in 2023
After reducing headcount by about 10%, CEO Sebastian Siemiatkowski said Klarna will return to profitability on a monthly basis by summer 2023.
A wave-powered prototype device is aiming to produce drinking water from the ocean
Projects looking to desalinate water in a sustainable way will become increasingly important in the years ahead.
Anwar Ibrahim sworn in as tenth Malaysian prime minister
The appointment caps a more than 20-year wait for the former deputy prime minister who has been opposition leader for two decades amid jail terms and political coups.
Superyacht rentals, private jets and a soccer-themed hotel: Dubai is cashing in on the Qatar World Cup
The UAE’s commercial capital of Dubai is set to see an estimated 1 million additional visitors during the course of the soccer tournament, according to the Dubai Sports Council.
