While many of the world’s wealthiest people make an effort to share their fortunes, some do not—at least to the extent more generous peers wish they would. Abigail Disney, one of the heiresses to the Walt Disney fortune who said in 2019 she’s worth about $120 million, recently shared her feelings about how much of…
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Shares of consumer tech giant Apple (AAPL -3.94%) traded over 5.6% lower today as of 12:52 p.m. ET, extending its sell-off after President Donald Trump issued far-reaching tariffs late last week. Wedbush analyst Dan Ives lowered his price target on the stock in a research report issued yesterday, while maintaining a bullish rating. “Tariff Armageddon”…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The EU is likely to drop bourbon from its retaliatory tariff list against the US, after heavy lobbying from France, Italy and Ireland, which are seeking to shield their alcohol industries from the escalating trade…
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The stock market is going through a major correction. As of market close on Friday, April 4, the Nasdaq 100 Index is actually down 21.6% from all-time highs, which means it has officially entered a bear market. The S&P 500 index has not passed the 20% threshold for a bear market, but it is still…
This article is an on-site version of our Trade Secrets newsletter. Premium subscribers can sign up here to get the newsletter delivered every Monday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters It would be hard to top last week’s hilariously misnamed “liberation day” for extraordinary drama, but it seems a…
Donald Trump has long wanted to oversee a military parade. This year, he might finally get one. Washington CityPaper reports Trump has set June 14, which is his birthday as well as the 250th anniversary of the U.S. Army, for a massive military parade. Details are still in the process of being worked out. An…
This article was written by Follow I began investing in precious metals in 2003. I graduated UC Berkeley in 2005 and decided I should learn about money before getting a job. I still haven’t gotten that job. Learning about money opened the door to successful speculation and I have been a speculator ever since. I…
