Wednesday, October 28
Money, markets & the moves that matter
Clear reporting on stocks, investing, business and the politics behind the price — for people who would rather understand their money than guess at it.
The Markets
Short-term moves from the trading floor next to the long-term thinking that outlasts them.
The Fine Print Behind Elon Musk’s Promise of Space Shares for Every American Child
Elon Musk has sparked a wave of excitement with his announcement that he intends to give every child in America a share of SpaceX next year.…
Tech Investors Return to AI Bets After Week of Heavy Losses
Wall Street showed signs of recovery on Sunday night as index futures ticked upward,…
Read the storyMassive Capital Injection Fuels LS Power’s Multi Front Energy Strategy
LS Power is moving aggressively to capitalize on a shifting energy landscape after closing…
Read the story
Small habits, compounding results
Headlines move markets for a day. Habits move your finances for decades. Four rules our reporters keep coming back to, whatever the week brings.
General guidance, not personal advice.
Read the Investing desk-
01
Pay yourself first
Automate a transfer to savings on payday, before rent and before the takeaway. Money you never see is money you rarely miss.
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02
Learn the rule of 72
Divide 72 by your yearly return to estimate how long your money takes to double. At 8% a year, that is roughly nine years.
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03
Treat fees as a tax
A 1% annual fee can quietly eat a fifth of a portfolio over thirty years. Check what your funds charge — then compare.
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04
Keep a three-month cushion
An emergency fund turns a broken boiler or a lost contract from a crisis into an inconvenience. Build it before you invest.
Business
Earnings calls, takeovers and the founders betting the company on the next quarter.
Digital Blackout Hits Global Services After Massive Flaw Found In Internet Backbone
A wave of digital outages swept across the globe this week as governments and major organizations scrambled to protect themselves from two critical security holes in PHP, a…
How far does your dollar travel?
Enter an amount and watch it cross eight borders. The line on each card traces the exchange rate over the last 10 sessions — rising means your dollar now buys more.
€89.82
$1 = 0.8982 EUR
£75.26
$1 = 0.7526 GBP
¥15,796
$1 = 157.96 JPY
Fr83.06
$1 = 0.8306 CHF
¥666.64
$1 = 6.6664 CNY
C$140.47
$1 = 1.4047 CAD
A$142.19
$1 = 1.4219 AUD
kr993.08
$1 = 9.9308 SEK
Politics
Budgets, ballots and rate decisions, read for what they do to your wallet.
Trump Ties Policy Wins to Midterm Victories in High Stakes Campaign Gamble
Donald Trump is increasingly using specific policy rewards as leverage to motivate voters and candidates ahead of the upcoming midterm elections. During recent campaign…
Sport News
Results, record contracts and the money that moves the game.
