Thursday, October 22
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.
The Fine Print Behind Elon Musk’s Promise of Space Shares for Every American Child
Elon Musk has sparked a wave of excitement with his announcement that he intends to give every child in America a share of SpaceX next year.…
Tech Investors Return to AI Bets After Week of Heavy Losses
Wall Street showed signs of recovery on Sunday night as index futures ticked upward,…
Read the storyMassive Capital Injection Fuels LS Power’s Multi Front Energy Strategy
LS Power is moving aggressively to capitalize on a shifting energy landscape after closing…
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.
Fuel Costs Ground Profit Hopes While Passenger Demand Soars
United Airlines is facing a difficult balancing act as soaring fuel prices eat away at its bottom line, forcing the carrier to significantly lower its profit expectations for…
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.
Tech Giant Under Fire Amid Claims of Political Bias in Brazil
Tensions boiled over in Brazil this week as crowds of protesters converged on Meta’s headquarters, accusing the social media giant of manipulating its platforms…
Sport News
Results, record contracts and the money that moves the game.
