PERSONAL FINANCE: The three money mindsets

PERSONAL FINANCE: The three money mindsets

By WACEKE NDUATI OMANGAMore by this Author Money is made or lost in the mind. What goes on in our minds will reflect our actions. Those actions, done on a continuous basis, become our reality. There are three money mindsets that we tend to have, and we move fluidly between one and the other. This […]

Black Friday blog: Online shopping surges on Thanksgiving

Black Friday blog: Online shopping surges on Thanksgiving

A very merry holiday shopping season could be in store for many retailers if early data and observations are any indication. On Thanksgiving, $1.75 billion was spent online as of 5 p.m., up 28.6% from the prior year according to Adobe Analytics. Online sales are seen surpassing $3.7 billion on the day, a new record, […]

What the Draft Brexit Agreement Means for Finance

What the Draft Brexit Agreement Means for Finance

The future of U.K.-EU financial sector ties became clearer Thursday with a draft agreement that outlined in slightly more detail the future of financial supervision following Brexit. The two sides agreed market access will be based on “equivalence,” a system that determines whether regulatory and enforcement standards are aligned. But there’s no one definition of […]

Highlights of Finance Minister Bill Morneau's fall fiscal update

Highlights of Finance Minister Bill Morneau's fall fiscal update

OTTAWA — Finance Minister Bill Morneau rolled out his fall fiscal update on Wednesday, framing it as the federal government’s response to dealing with the competitiveness challenges posed by aggressive moves south of the border. Here are the highlights: Overall, new measures over the next five years will cost the federal treasury $17.1 billion, with […]

French Finance Minister spoke to Renault executives, to have briefing on Wednesday

French Finance Minister spoke to Renault executives, to have briefing on Wednesday

French Finance Minister Bruno Le Maire speaks during a news conference about the situation with Renault, at the Bercy Finance Ministry in Paris, France, November 21, 2018. At R, Renault interim chairman Philippe Lagayette. REUTERS/Christian Hartmann PARIS (Reuters) – French finance minister Bruno Le Maire will hold a briefing on Wednesday to discuss the situation […]

Big tech stocks are getting crushed — here's the simple explanation why

Big tech stocks are getting crushed — here's the simple explanation why

Reality continues to rain down on formerly high-flying big tech stocks. That reality? Sales growth in 2019 will probably be less explosive than 2018. Blame slowing user growth at the likes of Facebook (FB) or more competition for Amazon (AMZN) from the increasingly digitally savvy Target – the fact is the sales growth environment for […]

Is Berkshire Hathaway (BRK.B) Stock Outpacing Its Finance Peers This Year?

Is Berkshire Hathaway (BRK.B) Stock Outpacing Its Finance Peers This Year?

The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Berkshire Hathaway (BRK.B – Free Report) one of those stocks right now? A quick glance at the company’s year-to-date performance in comparison to the rest of the Finance sector should help us answer […]

Family Finance: Why Sharmas need to put off goal of buying a car

Family Finance: Why Sharmas need to put off goal of buying a car

Aditya Sharma, 31, is employed and gets a monthly salary of Rs 54,000, while his wife, Anvesha, 26, is a homemaker. The couple does not have any children and stays in a rented house in Pune. They have, however, booked a house with the payment of Rs 1 lakh. After a year, they will make […]

Finance Secretary Hasmukh Adhia to retire on Nov 30, Jaitley pens farewell note

Finance Secretary Hasmukh Adhia to retire on Nov 30, Jaitley pens farewell note

Finance Secretary Hasmukh Adhia will retire on November 30, Finance Minister Arun Jaitley said on Saturday. He also praised his contribution, saying he was a no-nonsense civil servant who performed his job with professionalism. “Hasmukh Adhia, the Finance Secretary, retires at the end of this month. He has been in the Finance Ministry for four […]

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