European markets were higher on Thursday as investors assessed the latest meeting minutes from the U.S. Federal Reserve. The minutes showed that the Fed is still considering further stimulus measures, which investors interpreted as a positive sign.
The beginning stages of a windfall can be very stressful, according to Susan K. Bradley, a financial planner and founder of the Sudden Wealth Institute. It can be hard for your mind and body to absorb the change, she says, but it is important to work through all aspects of the windfall with a trained financial adviser.
Bank of England Chief Economist Huw Pill has dismissed calls for the central bank to cut the interest it pays on reserves held by commercial lenders. Pill said that such a move would not be effective in stimulating the economy.
Deputy Governor Dave Ramsden said that the Bank of England must continue raising interest rates to bring inflation back to 2%, even if it means more hardship for households.
Musk's plans for Twitter could put it in conflict with two of the biggest tech companies: Apple and Google.
The cooling off of technology markets has now reached Prosus, the Amsterdam-listed investment company that has a $94 billion stake in Chinese internet giant Tencent. This company sometimes seems to be insulated from wider trends, but that is no longer the case.
The layoffs of recent years have burst the bubble of inviolability surrounding Silicon Valley.
Derek Quinlan, who went from being a tax official to the financier behind successful bids for Citigroup Inc.'s tower in Canary Wharf and Banco Santander SA's global headquarters, filed for bankruptcy in London.