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Nearly half of young adults live at home and nearly half get help paying the bills, Fed survey shows
A new Federal Reserve survey offers a somber look at how young Americans are getting by: a lot with their parents’ help, from paying a phone bill to even living at home. The data comes from the Fed’s Report on the Economic Well-Being of U.S. Households, which found that 49% of adults ages 18 to…
Citi’s Andrew James on private markets, portfolio resilience and long-term wealth creation
Andrew James. Credit: Citi Wealth management demand is shifting as senior professionals seek clearer financial planning, cross-border advice and more efficient access to private markets, while navigating inflation, geopolitical risk and rapid technological change. Citi believes this is making disciplined allocation, portfolio resilience and advice-led relationships more valuable than traditional product-led models. In this interview,…
Handling Conflicts With Your Business Partner
A strong business partnership can combine skills, resources and expertise to help a company grow. But even the most successful partnerships can run into disagreements. Differences in decision-making, financial expectations or long-term goals happen. And when they do, it can create tension between business partners. When partnership disputes aren’t addressed quickly, they can impact daily…
Federal Reserve Board – Federal Reserve Board and Federal Open Market Committee release economic projections from the June 16-17 FOMC meeting
Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. June 17, 2026 Federal Reserve Board and Federal Open Market Committee release economic projections from the June 16-17 FOMC meeting For release at 2:00 p.m. EDT The attached…
Middle East’s best sukuk house 2026: HSBC
HSBC is the Middle East’s best sukuk house, recognised for its leadership across volume, innovation and execution, and its ability to deliver complex, Shariah-compliant solutions that continue to deepen and expand the region’s sukuk market. 2025 marked a record year for sukuk, with issuance exceeding $150 billion globally, driven by strong sovereign funding requirements across…
Iran-US truce risks lift oil prices as Strait of Hormuz tanker traffic slows
Renewed anxiety over the Iran-US truce has lifted oil prices as risk concerns disrupt tanker traffic through the Strait of Hormuz. Analysts say markets are reacting to geopolitical uncertainty, which could feed through to higher petrol prices if shipping remains constrained. In the US, average petrol prices edged up to USD 3.80 per gallon. News…
