Monzo CEO TS Anil. Monzo British neobank Monzo said Wednesday that it’s raised another $190 million, lifting the total it’s raised so far this year to $610 million. The company told CNBC it raised the cash from new investors including Hedosophia, a backer of top European fintechs including N26 and Qonto. CapitalG, Alphabet’s independent growth
A general view of the exclusive men-only Garrick Club on March 21, 2024 in London, England. Leon Neal | Getty Images News | Getty Images LONDON — Members of Britain’s exclusive all-male Garrick Club has reportedly voted to permit women to join the institution for the first time in its 193-year history. The vote on
Shapecharge | E+ | Getty Images Contemplating your death may not warrant a spot at the top of your priority list — but writing your will does. About a third, 34%, of people have a will, according to a study by the Center for Retirement Research at Boston College. The survey polled 3,047 respondents ages
A sign advertising a home for sale is displayed outside of a Manhattan building on April 11, 2024 in New York City. Spencer Platt | Getty Images Mortgage rates are significantly higher than they were at the start of this year, but they pulled back slightly last week after several weeks of straight increases. That
2025 Tax Reform Options: Tax Cuts and Jobs Act Expirations Skip to content Table of Contents Executive Summary Policymakers should have two priorities in the upcoming economic policy debates: a larger economy and fiscal responsibility. Principled, pro-growth taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or
In this article NOVO.B-DK LLY AMGN Follow your favorite stocksCREATE FREE ACCOUNT The injectable weight-loss medication Wegovy is available at New City Halstead Pharmacy on April 24, 2024 in Chicago, Illinois. Scott Olson | Getty Images Novo Nordisk and Eli Lilly have long dominated the rapidly growing weight loss drug market, but their duopoly is
Power-generating Siemens 2.37 megawatt (MW) wind turbines are seen at the Ocotillo Wind Energy Facility California, May 29, 2020. Bing Guan | Reuters The German renewables firm Siemens Energy announced Wednesday that the CEO of its troubled wind turbine unit will be replaced amid “comprehensive restructuring measures.” It said in statement that Jochen Eickholt at Siemens
Employees of HD Hyundai Marine Solution Co., during the company’s listing ceremony at the Korea Exchange in Seoul, South Korea, on Wednesday, May 8, 2024. HD Hyundai Marine, a ship repair company, jumped as much as 45% in its South Korea trading debut after a 742.3 billion won ($547 million) initial public offering that was
There’s a massive wealth transfer underway. “It has started and it’s only going to accelerate,” said Liz Koehler, head of advisor engagement for BlackRock’s wealth advisory business. Baby boomers are set to pass more than $68 trillion on to their children. And yet, some millennials and Generation Z may not be inheriting as much as they think. Recent
In this article ULTA Follow your favorite stocksCREATE FREE ACCOUNT Courtesy: Oddity As Ulta Beauty says it expects a slowdown in retail’s most resilient category, an upstart says it is bucking the trend. Oddity Tech, the newly public Israeli cosmetics platform that uses artificial intelligence to develop products, posted first-quarter results that blew past expectations
In this article RDDT Follow your favorite stocksCREATE FREE ACCOUNT Reddit CEO Steve Huffman hugs mascot Snoo as Reddit begins trading on the New York Stock Exchange (NYSE) in New York on March 21, 2024. Timothy A. Clary | AFP | Getty Images Reddit shares rallied 14% in extended trading on Tuesday after the company
NYPD officers in riot gear enter Columbia University’s encampment as they evict a building that had been barricaded by pro-Palestinian student protesters in Los Angeles, United States on April 30, 2024. Shay Horse | Nurphoto | Getty Images Some college students protesting Israel’s war in Gaza have faced disciplinary action in recent weeks, with universities