Wednesday, October 21
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.
Seoul’s AI Fever Breaks as Market Reality Sets In
Investors in South Korea are facing a harsh wake up call as the artificial intelligence rally takes a volatile turn. The benchmark Kospi index plummeted four…
Seeking Shelter in Energy Dividends Amid Global Market Turbulence
With geopolitical tensions in the Middle East and lingering anxieties over an artificial intelligence…
Read the storyAmazon Targets Nvidia’s Software Stronghold With New Open Source Tool
Amazon has officially thrown down a gauntlet in the artificial intelligence arms race by…
Read the storySmall 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.
Espionage Allegations Rock OpenAI After Engineer Caught Planting Bug
A former OpenAI engineer is facing federal charges after authorities allege he planted a covert listening device in a high stakes conference room at the company’s San Francisco…
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.
€89.02
$1 = 0.8902 EUR
£74.62
$1 = 0.7462 GBP
¥15,788
$1 = 157.88 JPY
Fr82.39
$1 = 0.8239 CHF
¥667.61
$1 = 6.6761 CNY
C$140.46
$1 = 1.4046 CAD
A$142.17
$1 = 1.4217 AUD
kr987.85
$1 = 9.8785 SEK
Politics
Budgets, ballots and rate decisions, read for what they do to your wallet.
Republican Strategy Shifts Toward Traditional Democratic Strongholds in Tight Michigan Race
Republican Senate nominee Mike Rogers believes his opponent, Democrat Abdul El-Sayed, is leaving the door open for a GOP victory by alienating core constituencies.…
Sport News
Bitcoin, Ether and the tokens behind the headlines: price swings, regulation and what they mean for your money.
