Money

Switzerland reveals amount of frozen Russian assets

As of December 31, 2023, the value of financial assets frozen due to sanctions against Russia amounted to CHF 5.8 billion (USD 6.4 billion). In addition, 17 real estate properties have been blocked, reports the government department responsible for compliance with sanctions (SECO). The latest data show that the value of frozen financial assets fell...

CN Bio raises $21 million USD in first close of Series B investment round

Bayland Capital and founding shareholder, CN Innovations Holdings Ltd, to invest $10 M and $5.5 M, respectively. Investment will expand product development and scaling of the organization to meet increased demand for Organ-on-a-Chip (OOC) solutions. Image Credit: CN Bio C...

Google Wallet could make paying with your watch a pain now too

Using Google Wallet on Wear OS might make tap-to-pay a bit less handy with a new PIN requirement.

I'm retiring after 40 years as a fund manager and this is what I've learnt: Richard Buxton on life as a professional investor

Since the early 1980s, Buxton has done his very best to make money for investors at a string of investment houses.

3 shares I’d buy for passive income if I was retiring early

Roland Head profiles three FTSE 350 dividend shares he’d like to buy for their passive income to support an early retirement. The post 3 shares I’d buy for passive income if I was retiring early appeared first on The Motley Fool UK.

The median wealth per adult in European countries (Spain does not fare badly)

On this map, we can see how much personal wealth the average European adult has. Wealth is shown in US Dollars and includes both financial and non-financial wealth. Non-financial wealth mostly consists of land and real estate. The reason this map shows the median and not the average is that an average is usually skewed by the extremely wealthy. This results is an amount that is far higher than the wealth of most adults. In the case of the...

Watch: Sunak, Hunt, and Shapps arrive in Warsaw hours after Rwanda bill passes

Watch: Sunak, Hunt, and Shapps arrive in Warsaw hours after Rwanda bill passes -

Swiss report large drop in frozen Russian assets

ZURICH (Reuters) - Switzerland has frozen Russian assets worth 5.8 billion Swiss francs ($6.36 billion), the government said on Tuesday, a big drop that could intensify international pressure on the neutral country to do more to sanction Moscow over its invasion of Ukraine. The figure, which applies to assets frozen at the end of 2023, was down from the 7.5 billion francs in assets frozen at the

The Black Tax: why have African Americans been cheated by the system for so long?

Property value assessment may not sound like the most thrilling of topics, but according to historian Andrew W Kahrl’s new book The Black Tax, it represents a hugely important piece of structural inequality in the US, one that implicates a wide range of topics, including the process of gentrification, the quality of public schools and other amenities, and maintenance of local infrastructure. Kahrl argues that for decades now the assessment...

Is Aviva’s share price a bargain now it’s trading well below £5?

Aviva’s share price has slumped to well below £5, but even before that it looked a bargain to me, with strong company growth and a high dividend. The post Is Aviva’s share price a bargain now it’s trading well below £5? appeared first on The Motley Fool UK.

Trump lawyer Alina Habba fumes civil fraud hearing ‘wasted time and money’ after bond deal reached

Trump lawyer Alina Habba fumes civil fraud hearing ‘wasted time and money’ after bond deal reached - Alina Habba fumed that Letitia James thinks ‘our cash somehow isn’t green enough’ before she switched courtrooms and joined Donald Trump in criminal court for his hush money trial

Cash for clutter: how to make money from what’s in the attic

One person’s rubbish is another person’s treasure, as they say, so you could make a chunk of cash by selling unwanted items cluttering your attic and cupboards. Coins, retro toys and games, old tech, books and magazines can all be sold, with some items possibly worth a lot more than you may think. Dig out old toys Toys don’t have to be 50 or 100 years old to be worth money. For example, Beanie Babies became a big collectible in the 1990s, and...

No savings at 40? Here’s how I would aim to retire with £27,000 a year in passive income

If I had no savings at 40, this is how I would aim to retire with an adequate amount of passive income to keep myself comfortable. The post No savings at 40? Here’s how I would aim to retire with £27,000 a year in passive income appeared first on The Motley Fool UK.

Martin Lewis reveals millions of Britons are missing out on council tax support

Martin Lewis reveals millions of Britons are missing out on council tax support -

Russia's Sberbank to make record $8 billion dividend payout

MOSCOW (Reuters) - Russia's largest lender, state-owned Sberbank will make a record annual dividend payout of 750 billion roubles ($8.04 billion) on its 2023 results, CEO German Gref said on Tuesday. Sberbank is majority-owned by the state and those dividends make a sizeable contribution to Russia's budget revenues, ultimately enabling the government to continue heavy spending, in particular on

Four Ways to Give Money Tax-Free to Your Kids When You Die

If you’d prefer that your estate not pay more taxes than necessary, then these strategies are for you.

How much money do people your age usually save? See how you compare

How much are people saving each year, and how does that change depending on what stage of life they are in? A new study looked at how our emergency funds change over our lifetimes.

Donald Trump set for another $1.25bn Truth Social windfall

Donald Trump set for another $1.25bn Truth Social windfall - The former president’s majority stake in parent company Trump Media could result in a billion-dollar bonus on Tuesday

The UK pledges $620 million in new military aid for Ukraine

The UK pledges $620 million in new military aid for Ukraine - The U.K. has pledged an additional $620 million in new military supplies for Ukraine, including long-range missiles and four millions rounds of ammunition

The average salary you can expect in the UK based on your age (and how to get it)

Want a pay rise?

Nine of the Biggest Regrets I See as a Financial Planner

Check out this list of common regrets among older people and see if there’s something you can address in your own life while there’s still time.

US Senate to vote on Ukraine aid package after House's months-long delay

The US Senate is set to vote Tuesday on a major aid package for Ukraine, with its passage all but certain after the House of Representatives -- following months of wrangling -- approved the assistance with broad bipartisan support. Top Senate Democrat Chuck Schumer, whose party narrowly controls the chamber, said Saturday "the finish line is now in sight" for the assistance package, and that an agreement had been "locked in" for a vote on...

Lloyds share price hanging on to 50p ahead of Wednesday’s Q1 earnings report. Where to now?

Down in April and with low earnings expected this week, Mark David Hartley investigates where the Lloyds share price might be headed. The post Lloyds share price hanging on to 50p ahead of Wednesday’s Q1 earnings report. Where to now? appeared first on The Motley Fool UK.

Measuring the True Cost of Trump Tax Cuts

Natasha Sarin, professor at Yale Law School, is the co-founder of The Budget Lab, which analyzes federal policy proposals for the American economy. She says that a full extension of the Tax Cuts and Jobs Act would cost the economy hundreds of billions of dollars over the next few decades.

Average petrol prices increase again as drivers feel pain at the pumps

Average petrol prices increase again as drivers feel pain at the pumps - The average price of a litre of diesel is also at the highest level since November 2023

‘My side hustle brings in £12k per year – without me even realising it’

The dream for many is to earn as much money as possible for the least amount of effort – spending their time with family or on the beach. Instead of trading your time for a wage, as with typical jobs, people who earn a so-called “passive income” do so with minimal input. More people have taken on “side hustles” – secondary jobs, often linked to hob...

£3,000 in savings? Here’s how I’d use that to start earning a monthly passive income

Our writer digs into the details of how spending a few thousand pounds on dividend shares now could help him set up long-term passive income streams. The post £3,000 in savings? Here’s how I’d use that to start earning a monthly passive income appeared first on The Motley Fool UK.

The biggest mistakes to avoid with your holiday money this summer

Travel is expensive enough at the moment without adding to the costs with bad financial decisions over your holiday money. Yet we fall into the same old traps year after year. We take out too much cash and pay over the top for it. We use the wrong credit and debit cards and we get our sums wrong when we try to work out how much things really cost. ...

Spotify swings to profit, paying subscribers rise

Music and podcast streaming giant Spotify reported Tuesday an increase in the number of paying subscribers and a rare but lower-than-expected operating profit for the first quarter. On Tuesday it said it expected an operating profit of 250 million euros in the second quarter of the year.

How Much Money Has Scottie Scheffler's Caddie Won In 2024?

Ted Scott is earning some serious money this year as Scheffler continues to dominate the world of men's pro golf

Average net worth of Americans by age — see how you compare

Could my mortgage cost me more than I make from house price rises?

With the help of data from Finder, we crunch the numbers on predicted mortgage costs and house price rises in the coming decades. Will homeowners still be better off?

FTSE 100 closes at record high as firms given boost by tumbling value of pound against US dollar

FTSE 100 closes at record high as firms given boost by tumbling value of pound against US dollar - As the pound fell to its lowest point against the dollar for around five months, dropping to 0.2 per cent to $1.23, the blue-chip index leapt

How to care for a Chinese money plant — 8 pro tips to keep them happy and healthy

The experts reveal how to care for a Chinese money plant correctly — including watering requirements and common problems to look out for

20 actors who have been in multiple billion-dollar movies

Few actors can say they have had a role in a billion-dollar movie, but these 20 can say that and more. Each of them has had a role in multiple billion-dollar movies.

‘Iran is broke’: How clerics crippled the Islamic Republic

Inflation in Iran makes Britain’s cost of living crisis look like a picnic. Price growth has been in double digits for nearly six years and averaged 35.8pc in February. In the last two years, under President Ebrahim Raisi, the cost of lamb has gone up by 269pc. The price of chicken, onions and sugar cubes have gone up by 200pc, 185pc and 147pc resp...

Top 6 US industries where you can earn the most money

UK limbers up for rate cut... and not before time, says ALEX BRUMMER

Andrew Bailey has had little to celebrate of late. He has suffered the slings and arrows of the barbed Bernanke report on Bank of England forecasting.

UK to increase defence spending by tens of billions of pounds

The UK will increase defence spending to 2.5% of national income by 2030, the prime minister has announced in a hardening of military policy at a time of growing threats.

‘I’m 31, earn £60k and buy 1,000 tea bags every other month. This is how I spend my money’

Email [email protected] if you would like to take part in How I Spend My Money. All our subjects are genuine but anonymous. I was born in a very sleepy town. Growing up I knew we weren’t well off, but we never went without. I never thought of myself as coming from a working class family until I went to university, and realised that my parents i...

Supermarket price war leads to fall in grocery inflation

Promotional offers by supermarkets were a major factor behind a further easing of grocery inflation over the past month, according to industry data.

Norway announces significant increase in military aid to Ukraine

Espen Barth Eide, the Minister of Foreign Affairs of Norway, announced that Norway plans a "significant" increase in aid to Ukraine. The amount has yet to be determined and will be discussed in the near future, according to Le Monde. He noted that "it is about a significant increase, which is relevant compared to what we have done so far." Accordin...

8 dazzling gold and silver treasures

Here are 10 stunning gold and silver treasures, dating from millennia to centuries ago

What you need to know to reduce your car insurance

Car insurance premiums are on the rise but it’s still possible to get a good deal if you follow these tips.

First-time buyer schemes: five ways to get on the property ladder

There are a range of schemes geared towards helping first-time buyers. Here’s the lowdown on the main ones. The lifetime Isa Launched in 2017, this is a savings account aimed at helping you buy your first home (or save for later life). It lets savers pay in up to £4,000 each year until they are aged 50. The big plus is that the government will add a 25% bonus, up to a maximum of £1,000 a year. You must be aged between 18 and 40 to open one. The...

UK's Sunak to announce uplift in military support for Ukraine

LONDON (Reuters) - British Prime Minister Rishi Sunak will announce a 500 million pound ($617 million) uplift in military support for Ukraine on a visit to Poland on Tuesday, warning that Russia must be defeated to prevent its troops from pressing further into Europe. Sunak's visit to Poland to meet Prime Minister Donald Tusk is his first international trip for months and is aimed at showing his

‘Can I afford to semi-retire – and spend winters abroad?’

Would you like a Telegraph Money Makeover? Apply here or through the form at the bottom of the page Charlie Burrows, 47, and wife Anna have lived in Cambridge happily for the past 16 years, but increasingly they find themselves dreaming of a life in the sun. “I was born in Australia. My family moved over there in the 1960s, so it’s somewhere I have...

Criminals and oligarchs in EU’s sights with new bill targeting football fraud

Not for the first time in the history of the European parliament, it all started in Belgium. An investigation into alleged bribery, money-laundering, forged transfer contracts and the involvement of organised crime at the highest levels of professional football that began in 2018 eventually implicated almost 60 agents, administrators, referees and coaches. Known as Operation Clean Hands, the level of alleged corruption it uncovered not only led...

You shouldn't bank on an inheritance windfall: Many people discover they will get nothing, research discovers

Some 3.5million people have made financial plans to spend expected inherited family wealth, only to be disappointed, new research reveals.

Women reveal why they chose financial security over love

Women reveal why they chose financial security over love - ‘Don’t ever let a man or anyone limit your freedom,’ one person wrote