By SIMON CONSTABLE
The United Kingdom is bracing for a major change, something that will upend how many firms do business.
No, it isn’t Brexit, or even Brexit related. Instead, the UK is closing in on raising its minimum wage by about 30% over the next five years. The ruling Conservative Party proposed a wage hike late last month, and it’s a goal of the opposition Labour Party as well. Read more.
By SIMON CONSTABLE
If your employer doesn't provide your husband or wife with health insurance, then you can blame ObamaCare, a.k.a, the 2010 Affordable Care Act.
That's just one of the damning findings presented by a new study from researchers at the University of Pennsylvania. Read more here.
By SIMON CONSTABLE
When the price of oil jumped 15% in a single weekend last month, some analysts started using the term “economic shock.” What does that mean, and how is it relevant to investors now?
Economic shocks are more than just a change in the markets. The event needs to have a major economic impact—and be a surprise, says David Ranson, research director at analytics company HCWE & Co. Read more here.
By SIMON CONSTABLE
For starters, you need to decide whether you’re more concerned about the cost or liquidity. Read more here.
By SIMON CONSTABLE
The usually-conservative Swiss bank UBS has upped its forecast for the price of gold for the second time in less than two months.
Now it says the price for the yellow metal could reach as high as $1,730 a troy ounce next year, up $50 from an August forecast, a recent UBS report states. The note last month pointed to the possibility of $1,680 over the same timeframe. Read more here.
By SIMON CONSTABLE
Wall Street is getting serious on shareholder rights.
Iconic Wall Street bank Goldman Sachs just issued a warning to companies that go public with a skewed "multi-vote" share structure. Such arrangements often allow the founders to keep the majority of votes even if they own a minority of the shares. Read more here.
By SIMON CONSTABLE
America’s obsession with the new and funky means that sometimes our leaders forget the lessons of the past.
That’s why a quick flick through Crusaders: The Epic History of the Wars for the Holy Lands, is not only grounding but instructive as well. Publication is scheduled for October 1. Read more here.
