Friday, November 6
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.
From Classroom to Corporate Giant: The Meteoric Rise of Michael Mai
In a striking transition from education to industry, Michael Mai has officially joined the ranks of the world’s wealthiest individuals. Once an elementary school teacher in…
Miami Duo Takes Control of Heisman Race as Ohio State Star Fades
As college football enters its final month of regular season play, the race for…
Read the storyDivided Government and Digital Dreams: Navigating the Post Election Market
The recent sweep of Democratic victories across Congress and various state capitals is proving…
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.
Social Media Savvy Drives Massive Growth Surge for E.l.f. Beauty
E.l.f. Beauty continues to defy market trends, reporting a staggering 51 percent jump in net sales for its second fiscal quarter. This latest surge marks the company’s 31st…
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.
€89.57
$1 = 0.8957 EUR
£74.71
$1 = 0.7471 GBP
¥15,833
$1 = 158.33 JPY
Fr81.89
$1 = 0.8189 CHF
¥667.13
$1 = 6.6713 CNY
C$140.66
$1 = 1.4066 CAD
A$145.54
$1 = 1.4554 AUD
kr987.55
$1 = 9.8755 SEK
Politics
Budgets, ballots and rate decisions, read for what they do to your wallet.
A Nation Divided As Democrats Seize Congressional Control
Across the United States, the atmosphere is a volatile mix of triumph and trepidation following a historic political shift that sees Democrats taking control…
Sport News
Bitcoin, Ether and the tokens behind the headlines: price swings, regulation and what they mean for your money.
